Indonesia’s legendary entrepreneur, Mr. Peter Sondakh, founded the Rajawali Property Group in 1989. He saw an opportunity to drive Indonesia’s economic growth and create jobs, by developing international branded hotels across the region.
Today, RPG continues to create high quality hotels that generate economic prosperity and job creation, while achieving superior investment returns over the long-term.
Rajawali Property Group is part of the Rajawali Group, one of Indonesia’s largest investors, with interests across a wide range of industries that include hotel & property, agriculture, mining, infrastructure, transportation and media.
Over the last three decades, the Group has built a solid reputation for strategic investments, which include Indonesia’s first privately-owned television network, Rajawali Citra Televisi Indonesia (RCTI) and the nation’s first private mobile services operator, PT Excelcomindo Pratama Tbk.
It has also successfully steered PT Express Transindo Utama Tbk to the country’s second largest taxi operator by fleet size, with a business model that has been recognized by the United Nations Development Program (UNDP) for it’s effective poverty reduction program in emerging economies.
The Group’s track record for value creation also includes turning around PT Perusahaan Rokok Tjap Bentoel, and partnering with the Government of Indonesia to significantly increase the shareholder value of PT (Persero) Semen Gresik Tbk, the country’s largest cement maker.