Established as PT Multi Investments Limited on 15 June 1971, SSIA has transformed into PT Surya Semesta Internusa (“SSIA”) in 1995. SSIA’s main businesses encompass construction services, development of industrial estate, commercial property and hospitality through investment in subsidiaries.
Having built its property businesses for more than 40 years, SSIA has earned brand recognition and positioned itself as one of the leading developers in Indonesia with an established presence in 14 cities in the country. Completing its milestone as a leading company, SSIA listed its shares at the Indonesia Stock Exchange and became a publicly-owned company on 27 March 1997.
SSIA’s diversified investment portfolio primarily includes Suryacipta City of Industry, which is the company’s largest project with a total location permit of 1,400 ha, as well as the Gran Melia Jakarta Hotel, Melia Bali Villas & Spa Resort, Banyan Tree Ungasan Resort – Bali and BATIQA Hotels. It has recently obtained location permit for a 2,000ha landbank in Subang.
The Company’s strategic roadmap is based on four pillars:
• Continuous focus on the construction and development of Indonesian properties.
• Prudent land banking strategy to deliver sustainable and superior profit margins.
• Continuous product, segment, and geographical diversification.
• Increase recurring income through hospitality, warehousing and commercial property business segments.
The strategies are in place to achieve SSIA’s vision: to be the most reliable, trusted and respected Indonesian property, construction and hospitality group of companies.