Lhoknga Golf & Marine Sports Resort
57 hectares of government-owned coastline, ready for investment.
Lhoknga Golf & Marine Sports Resort addresses three unserved demand pockets in one of Indonesia's fastest-growing tourism markets — zero international-standard golf resort, zero branded 4–5 star hotel, and zero MICE venue above 500 guests within 30 minutes of Banda Aceh — on a clean-title, government-owned, MAPPI-appraised site with concession terms of up to 80 years under Qanun Aceh.
One opportunity,three unserved markets.
Lhoknga Golf & Marine Sports Resort converts Indonesia's only government-owned golf course outside Java into an integrated golf, marine sports and MICE destination, capturing demand created by Aceh's tourism surge — a market growing faster than anywhere else in the country and still without a single branded resort to serve it.
Why Aceh, why now.
Aceh's special autonomy status, strategic position on the Strait of Malacca, and improving connectivity make it a structurally advantaged location for tourism investment in western Indonesia — independent of the Lhoknga project itself.
Western gateway to ASEAN
Aceh sits closest of any Indonesian province to ASEAN's 650 million consumers and IMT-GT members, with direct access to Sumatra's 60 million population.
Connected for business
An international airport and seaport, 2,500 km of Trans-Sumatra highway, and 35+ weekly flights to Jakarta plus 24 weekly to Kuala Lumpur.
Globally recognised origins
Gayo Highland arabica coffee and Pidie Jaya cacao rank among the world's best, alongside sustainable palm oil production.
Young and well-educated
20% of the annual provincial budget funds education; Banda Aceh holds the highest Human Development Index among Indonesian cities.
A tourism boom outpacing its hospitality infrastructure.
Aceh's visitor growth is structural, not cyclical — and the supply side has not kept pace, creating a direct investor opening.
+55% year-on-year — fastest-growing destination in Sumatra
+35.86% versus 2024
Baseline year for current growth trajectory
Global Muslim Travel Index 2020; World's Best Halal Cultural Tourism Destination, ITW Abu Dhabi 2019
The gap: critical unmet demand
Golf resort in Aceh
Golf is the fastest-growing sport segment in Indonesia; no international-standard golf resort exists anywhere in the province. The nearest comparable course is six hours away in Medan — no competitor sits within 400 km.
MICE capacity gap
Banda Aceh increasingly hosts national and regional conferences, yet has no venue accommodating 500+ guests within 30 minutes of the city centre — current maximum capacity in the Lhoknga area is roughly 150 pax.
Internationally branded 4–5 star
Aceh has 4-star properties, but none under international management. Growing inbound demand — particularly from Malaysia and the Gulf — goes unserved.
Indonesian golf tourism lags regional peers
Indonesia attracts an estimated 250,000 golf tourists per year, against Thailand's roughly 6 million — a 24x gap in a Southeast Asian golf tourism market valued above USD 20 billion and growing 8–12% annually.
Marine sports without a professional operator
Lhoknga–Lampuuk already draws hundreds of visitors a day as Aceh's leading surf destination, but has zero professional marine sports facilities to monetise that existing footfall.
Source: BPS Aceh 2025; Kemenparekraf 2025; DPMPTSP Aceh 2026.
Visitor profile & market segmentation.
Understanding who visits Aceh — and why each segment validates a different part of the Lhoknga programme.
Origin of foreign visitors to Aceh, 2024–2025
| Origin | Share | Relevance to Lhoknga |
|---|---|---|
| Malaysia | ~38% | Largest segment; 24 direct KL–BTJ flights/week enable easy weekend access. |
| Middle East | ~22% | Islamic pilgrimage and halal tourism corridor, growing rapidly since 2022. |
| Singapore | ~14% | Business and leisure; high-spending segment with ~2.5-hour flight time. |
| Netherlands / Europe | ~11% | Historical Aceh connection; heritage and eco-tourism focus. |
| Domestic (out-of-island) | ~15% | Java and Kalimantan government officials, MICE delegations, corporate events. |
Target investor segments for Lhoknga
Golf & corporate
Business executives, government officials and corporate retreats — golf tourism is driven 70%+ by business travel, not pure leisure. Primary targets: Malaysia, Singapore and Jakarta corporate clients, with weekday demand from national government events in Banda Aceh.
Marine sports & leisure
Lhoknga is already Aceh's #1 surf destination. Marine sports — surfing, jet ski, sailing — attract younger demographics and weekend leisure visitors from Banda Aceh, plus domestic millennials and Malaysian young professionals.
MICE & halal tourism
Zero venue capacity ≥500 pax within 30 minutes of Banda Aceh creates immediate unmet demand. Halal tourism positioning is Aceh's global competitive advantage — ranked #1 globally on GMTI 2020.
Source: BPS Aceh 2025; Kemenparekraf 2025; DPMPTSP Aceh Analysis.
The solution: Lhoknga Golf & Marine Sports Resort.
A shovel-ready opportunity to fill Aceh's hospitality gap with an integrated golf resort, MICE venue and marine sports hub.
Lhoknga Golf Course & Resort — known historically as Seulawah Golf Course, or the Tsunami Memorial Golf Course — sits in the sub-district of Lhoknga, Aceh Besar Regency, 16 km (about 30 minutes by road) from Banda Aceh, the provincial capital. The 57-hectare property is bordered by the white-sand beaches of Lhoknga and Lampuuk to the west and hillside terrain of the Ulu Masen mountain range to the east.
It is Aceh's only public golf course, situated within a designated tourism development area. The Government of Aceh has owned the land since 1997, with a long-standing mandate to develop one of Indonesia's top integrated tourism and golf destinations.
As of June 2026, Aceh recorded 20.03 million total visitors in 2025 — a 55% year-on-year surge — driven by improved connectivity, the Islamic halal tourism boom, and Aceh's rising profile as Southeast Asia's premier Muslim-friendly destination.
- Only government-owned golf course in Aceh
- 16 km / 30 minutes from Banda Aceh city centre
- 5 km of pristine white-sand beach frontage
- Land clean and clear — MAPPI-appraised
- Concession available up to 80 years (Qanun Aceh)
- OSS-RBA licensing pathway confirmed
Site specifications & utilities.
| Total area | 57 hectares (including 48 ha developable) |
| Coastline | 5 km of white sand — Lampuuk & Lhoknga beaches |
| Terrain | Mixed: flat coastal plain plus hillside foothills of the Barisan range |
| Water supply | PDAM Banda Aceh connection available; natural spring sources on-site |
| Electricity | PLN grid connected; 220/380V available |
| Internet / telco | 4G/LTE coverage; fibre available in Lhoknga |
| Nearest port | Ulee Lheue ferry port, 12 km (Sabang connection) |
| Sea conditions | Semi-enclosed cove on the south side — calm waters suitable for sailing and a marina |
| Land status | Government of Aceh — certified (Hak Pakai No. 15), MAPPI-appraised at Rp 68.3 billion (USD 4.27M) in 2018 |
| RTRW zoning | Designated Tourism & Sports Area (RTRW Aceh Besar) |
| Location | Mon Iken Village, Lhoknga Sub-district, Aceh Besar Regency |
Source: AirNav Indonesia 2025; DPMPTSP Aceh 2026; BPS Aceh.
Master plan & land designation.
57 hectares in Mon Iken Village, Lhoknga Sub-district, Aceh Besar Regency — designated for sports- and marine-based tourism use, with varied terrain (flat and hilly).
Land conditions
Varied contours — flat coastal plain and hilly terrain toward the eastern boundary.
Land designation
Sports-based and marine-based tourism area under Aceh Besar's spatial plan (RTRW).
Land status
Cleaned and clear; audited by MAPPI (Indonesian Society of Appraisers) in 2018 at a total asset value of Rp 68,345,540,000.
A heritage course, ready for reinvestment.
Lhoknga Golf Course is one of the oldest golf courses in Indonesia, built in the 1980s by the Government of Aceh to promote sport tourism in the region, registered as No. 46 with the Indonesia Golf Association. It is among the few golf courses in Indonesia fully owned and operated by government.
Major renovations between 2014 and 2016, totalling Rp 53 billion, upgraded the course from 9 to 18 holes and added supporting facilities including the clubhouse, lockers and prayer room. Today the course receives positive reviews from professional and amateur golfers for its challenging terrain, framed by white sandy beaches to the west and the Ulu Masen mountains to the east.
Facilities gallery
Three markets, one integrated destination.
Golf, marine sports and MICE are validated separately by hard data, and reinforce one another commercially when co-located on one site.
⛳ Golf market
USD 816M — Indonesia golf equipment market value (2024), growing at a 4.94% CAGR through 2030.
An estimated 2.5 million active golfers play roughly 50,000 rounds annually nationwide. Batam — the nearest comparable market — operates 8 golf courses generating up to USD 2.5M in peak annual revenue each.
Corporate golf drives weekday demand: an estimated 60–70% of rounds played in Southeast Asia are business-related. No international-standard golf resort currently operates in Aceh; existing courses (PT Arun, Pertamina) are private and closed to the public.
Conservative target: Year 1–3 revenue ramp at 40–50% of the Batam benchmark, equivalent to USD 1.0–1.25M per year.
🌊 Marine sports market
Lhoknga–Lampuuk is Aceh's premier surf spot, recognised in global surfing circuits — a ready-made customer base with existing brand recognition.
Activities available include surfing, jet skiing, sailing, kayaking and snorkelling, at low capital cost relative to golf, with strong weekend leisure demand.
The year-round surf season (with distinct SW and NE monsoon breaks) supports a surf-school model comparable to Bali's, while target demographics span domestic millennials (20–35), Malaysian weekend travellers, Aceh's expat community, and youth sports development clientele.
🏛 MICE & business travel
Banda Aceh is increasingly chosen for national ministerial and institutional events — recent examples include the National Notary Conference, national financial summits, and the Aceh marathon.
Current maximum MICE capacity in the Lhoknga area is roughly 150 pax — 300% below growing demand. A proposed 500–1,000 pax MICE centre would be the largest outside Banda Aceh.
Business travel drives F&B, accommodation and golf revenue simultaneously, making it the highest-yield segment. Star-hotel occupancy stood at 44% in 2024, leaving substantial upside from an anchor MICE event programme.
Source: Arizton 2025; BPS Aceh 2024; Kemenparekraf; DPMPTSP Aceh 2026.
Eligible business sectors & KBLI classification.
All business activities open to investors under OSS-RBA, with the applicable KBLI codes required for licensing under PP No. 5/2021. Investors may hold multiple KBLI codes under one entity.
| KBLI | Business sector | Activities included | Ownership | Risk level |
|---|---|---|---|---|
| 55110 | Hotel / Bintang (Star Hotel) | 5-star, 4-star, resort hotels with full service; brand management operator welcome | Open to FDI (100%) | Medium–High |
| 55190 | Akomodasi Lainnya (Villa / Resort) | Boutique villas, beach bungalows, serviced apartments, eco-resort units | Open to FDI (100%) | Medium |
| 56101 | Restoran / Restaurant | Full-service restaurant, café, bar (non-alcohol), halal F&B catering, banquet services | Open to FDI ≥ Rp 10B | Low–Medium |
| 93110 | Lapangan Golf (Golf Course Ops.) | Golf green operations, caddie services, club rental, training & coaching | Open to FDI (67%) | Medium |
| 93190 | Olahraga Bahari (Marine Sports) | Surfing, jet ski, sailing, kayaking, snorkelling, diving, watersports training & rental | Open to FDI (67%) | Medium |
| 68112 | Penyewaan Venue MICE | Convention centre, exhibition hall, multipurpose venue rental for events & conferences | Open to FDI (67%) | Medium |
| 82301 | Jasa Penyelenggara MICE | Meeting, Incentive, Conference, Exhibition organiser & management services | Open to FDI (49%) | Low |
| 85510 | Sekolah Olahraga / Golf Academy | Golf & marine sports training school, certification, youth development programmes | Domestic (JV option) | Low |
Foreign ownership limits per Perpres No. 10/2021 (Positive Investment List). Investment threshold: ≥ Rp 10 billion for most codes. Source: PP No. 5/2021 (OSS-RBA); Perpres No. 10/2021; BPS KBLI 2020.
Connectivity & access to market.
How investors and visitors reach Lhoknga — and why the location is commercially viable.
Air connectivity — Sultan Iskandar Muda (BTJ) Airport
| Route | Frequency | Flight time | Carrier |
|---|---|---|---|
| Kuala Lumpur (KUL) | 24 flights/week | ~1.5 hrs | AirAsia + Malindo |
| Jakarta (CGK/HLP) | 35+ flights/week | ~3 hrs | Garuda, Lion, Batik Air |
| Medan (KNO/MES) | Daily | ~50 min | Multiple carriers |
| Singapore (SIN) | Via KL (1 stop) | ~4 hrs total | Connecting routes |
| Penang (PEN) | Charter / seasonal | ~1 hr | Developing route |
From Lhoknga Resort to…
| Destination | Distance | Travel time |
|---|---|---|
| Banda Aceh city centre | 16 km | 30 min |
| Sultan Iskandar Muda Airport | 26 km | 40 min |
| Ulee Lheue Port (ferry to Sabang) | 12 km | 20 min |
| Nearest marina / jetty | 2 km | 5 min |
| Tsunami Museum (tourist hub) | 19 km | 35 min |
Source: AirNav Indonesia 2025; DPMPTSP Aceh 2026; BPS Aceh.
Nearby attractions.
The resort sits within an established tourism corridor — guests have a full day-trip ecosystem within short reach.
Investment schemes & cooperation structure.
Because the site is registered government land (Hak Pakai No. 15), cooperation is structured under Indonesia's BMD/BMN utilisation framework (Permendagri No. 19/2016) and Aceh's Public–Private Partnership regulations. The Government of Aceh offers three principal schemes, alongside Leasehold and Joint Venture variants under the broader PPP umbrella.
Build–Operate–Transfer
- Full investor autonomy over design, construction and operations
- Land-use costs payable to the Government of Aceh
- Assets transfer to government at the end of the concession term
- Legal basis: Permendagri 19/2016 + PP 27/2014
Kerjasama Pemanfaatan
- Government contributes land equity valued at USD 4.27M (MAPPI 2018)
- Revenue sharing: 40% investor / 60% Pemerintah Daerah
- Standard structure under Permendagri 19/2016
- Lightest financial profile for brownfield-heavy renovation phase
Joint Venture
- Government contributes land; investor contributes capital and management
- A jointly held SPV holds the business licence
- Shared governance suits phased, multi-asset development (golf + hotel + MICE + future township)
- Clean trade-sale exit for the investor at maturity
Technical & legal readiness.
Land title
Hak Pakai No. 15 — Aceh Government Certificate, clean & clear.
Total area: 520,788 m² (52 ha) · Owner: Aceh Provincial Government · Issued: 5 December 1997 · MAPPI value: IDR 68.3 billion (USD 4.27M)
Existing asset condition
9 of 18 holes operational — immediate use reduces CAPEX versus greenfield. Clubhouse and lockers operational (renovation required). Electricity and water connected. Sprinkler/irrigation needs upgrade from old to automated systems. One buggy car on-site; 15–80 additional units required depending on development option. Main beach access road is paved, requiring widening for resort-scale traffic.
Regulatory & readiness checklist
- RTRWSports & marine tourism area (RTRW Aceh Besar) — appropriate zoning confirmed
- Hak PakaiCertificate No. 15 — clean, non-disputed, SIPD-registered
- MAPPIIndependent assessment 2018 — IDR 68.3B — valid for transaction structuring
- OSS/NIBDPMPTSP one-stop service; parallel processing available
- AMDALPre-application engagement can be initiated during the MoU stage; tourism-zone designation reduces environmental risk
- PBGBuilding permits processed through the DPMPTSP Aceh one-stop service
- Asset custodian coordinationAceh Tourism Office (Dinas Pariwisata) coordinates fully with the Governor of Aceh
- QanunQanun Aceh No. 3/2022 (RIPKA) supports a 30-year concession; proposal under review for extension to 80 years
- International brandHotel brand negotiations can proceed in parallel with MoU execution
- BOT/KSP legal frameworkPermendagri 19/2016 + PP 27/2014 available and applicable
Aceh's special autonomy — an advantage, not a constraint.
Aceh's unique status under UU No. 11/2006 enables tailored investment terms unavailable elsewhere in Indonesia.
⚖ Regulatory uniqueness
Special Autonomy Law (UU No. 11/2006): Aceh holds Indonesia's broadest special autonomy, enabling tailored investment regulations and faster permit processing than other provinces.
Extended land lease (Qanun Aceh): Government asset leases to private entities can extend up to 30 years in one contract — extendable to 80 years — versus the national-law cap of 5 years on initial leases, a direct advantage for investors needing long-term concession certainty.
Five cooperation models available: KSO, Leasehold (Sewa Aset BMD), BOT, Joint Venture (SPV), and PPP/KPBU under Perpres 38/2015.
🌙 Halal tourism — Aceh's global USP
Aceh ranks #1 globally on the Global Muslim Travel Index (GMTI) 2020, and won World's Best Halal Cultural Tourism Destination at ITW Abu Dhabi 2019.
Dress code clarification: Aceh's Qanun on Islamic dress applies to Muslim residents only. International non-Muslim tourists and investors are not subject to dress restrictions — confirmed, and no legal barrier to resort or golf course operations.
Rather than a constraint, halal-certified positioning targets the 1.8 billion global Muslim traveller market, with priority outreach to Malaysia, the Middle East, Turkey and Gulf investors.
🤝 Community acceptance & CSR
Local workforce from surrounding kampung (Mon Iken, Lhoknga village) has been employed at the golf course since its 1980s founding — including a golfer representing Aceh Province at national level, hired directly from Kampung Mon Iken.
Lhoknga is already tourism-active: surf schools, beach cafés and rental businesses operate locally, and the area's economy is accustomed to visitor traffic. No social opposition is anticipated given the area's existing tourism character.
ESG commitments recommended: local employment target ≥60% from district; community skills training; halal-certified F&B and hospitality standards; AMDAL/UKL-UPL initiated before construction.
Source: UU No. 11/2006; Qanun Aceh; DPMPTSP Aceh 2026; GMTI 2020.
Investment incentives: central & regional government.
A comprehensive package of fiscal and non-fiscal incentives is available to investors in this project. The Indonesian government has issued several regulations to encourage investment, including the super tax deduction for labour-intensive industries, human development, and R&D activities.
National government incentives
| Incentive | Eligibility threshold | Duration | IRR impact | Legal basis |
|---|---|---|---|---|
| Tax Holiday (full CIT waiver) | Investment ≥ IDR 500B (~USD 31M); pioneer industry in tourism | 5–20 years depending on value | High — removes 22% CIT for 5–20 yrs | PP No. 1/2020 + PMK 130/2020 |
| Mini Tax Holiday (50% CIT) | Investment IDR 100B–500B (USD 6.25M–31M) | 5 yrs + 25% CIT for 2 yrs post | Moderate–High | Same legal basis |
| Tax Allowance (30% deduction) | 166 designated business fields including tourism | 5% per year over 6 years | Moderate | PP No. 1/2020 Art. 2 |
| Import Duty Exemption | Qualifying machinery, equipment, materials for pioneer industry | During investment phase | Capital cost reduction ~5–8% | PMK 176/2009 (updated) |
| Super Deduction R&D | R&D activities in priority sectors | 300% deduction from tax base | Marginal for tourism | PP No. 45/2019 |
| KITE (Import Relief) | Export-oriented processing within KEK/industrial zone | Applicable for SEZ components | Capital cycle improvement | PMK 110/2019 |
| Investment Allowance | Projects outside Java; qualifying KBLI codes | Additional 5% reduction per year | IRR uplift ~1–2% | GR 78/2019 |
Tax holiday duration by investment size
| Minimum investment (USD) | Tax holiday duration | Post-period CIT |
|---|---|---|
| 6.25M – 31.25M | 5 years | 50% CIT reduction for 2 years |
| 31.25M – 62.5M | 5 years (mini) → 7 years (full) | 50% CIT reduction for 2 years |
| 62.5M – 312.5M | 7 years full holiday | 50% CIT reduction for 2 years |
| 312.5M – 1B | 10 years full holiday | 50% CIT reduction for 2 years |
| Above 1B | 15 years full holiday | 50% CIT reduction for 2 years |
Aceh regional government incentives
Extended land concession
Lease duration up to 30 years, extendable to 80, via Qanun Aceh — institutional certainty for long-term resort investment.
Simplified licensing
DPMPTSP Aceh one-stop permit service with a dedicated investor desk for this project; target of all permits within 90 business days.
Land cost advantage
Government-owned land under Qanun at negotiated lease rates below market, with no land acquisition cost — effectively reducing CAPEX by ~15%.
Promotion support
DPMPTSP Aceh to co-fund promotion at international fairs (Saudi Arabia, ITB Berlin, MITT Moscow) for the first three years of operations.
Source: PP 78/2019; PP 45/2019; PP 96/2021; Qanun Aceh; DPMPTSP Aceh 2026.
Financial analysis: scenario-based projections.
A conservative base case, benchmarked against Batam's operating golf-course economics, remains viable even under the downside scenario.
Estimated investment & revenue — base assumptions
| Cost item | IDR | USD (@ 14,400) |
|---|---|---|
| New resort & infrastructure development (4-year phased plan) | Rp 83.97B | USD 5.83M |
| Existing facility renovation (golf course upgrade, clubhouse) | Rp 14.92B | USD 1.04M |
| Annual maintenance & operations (stabilised year) | Rp 18.84B/yr | USD 1.31M/yr |
| TOTAL CAPITAL INVESTMENT (CAPEX + Phase 1 OPEX) | Rp 117.7B | USD 8.18M |
Three-scenario financial projection
| Scenario | Assumption | Yr 1–2 Rev | Yr 3–5 Rev | Yr 6+ Rev | Project IRR | Payback |
|---|---|---|---|---|---|---|
| Downside Conservative | Slow ramp-up; weak Malaysia travel demand | $0.85M | $1.1M | $1.35M | 8–9% | 15–16 yrs |
| Base case Recommended | Gradual growth with Pemda promotional support | $1.1M | $1.6M | $2.0M | 14–16% | 11–12 yrs |
| Optimised Upside | Full hotel brand + MICE operational by Year 5 | $1.5M | $2.1M | $2.6M | 22–26% | 8–10 yrs |
Proposed capital structure
| Component | % | Amount |
|---|---|---|
| Equity (investor) | 50% | USD 4.09M |
| Debt (bank loan) | 35% | USD 2.86M |
| Govt. land value (in-kind) | 15% | USD 1.23M |
| TOTAL PROJECT COST | 100% | USD 8.18M |
Key financial indicators — base case
| NPV (base case) | Rp 118.2B / USD 8.2M |
| Project IRR | 14–16% (base); 8–9% (downside) |
| Payback period | 11–12 years (base case) |
| DSCR (estimated) | ≥ 1.35x (meets typical lender benchmark) |
| BCR | 1.33 (> 1.0 ✓) |
| Concession duration | Up to 80 years (Qanun Aceh advantage) |
| Existing asset value | Rp 68.3B (USD 4.7M) — MAPPI 2018 |
Source: DPMPTSP Aceh Financial Analysis 2026; preliminary estimates only.
Risk assessment & mitigation.
Risks are scored by impact × likelihood (1–5 scale) across the six categories standard to Aceh investment projects, each assigned an owner and mitigation strategy.
| Category | Risk | Impact | Likelihood | Level | Mitigation | Owner |
|---|---|---|---|---|---|---|
| Technical | Seismic exposure and coastal storm risk on a beachfront site in a high-seismicity zone | 4 | 2 | MID | Site-specific seismic and coastal engineering design; post-2004 tsunami-resilient building codes; contractor with regional precedent | Investor |
| Financial | CAPEX overrun on phased renovation plus greenfield works; FX exposure on imported turf, irrigation equipment and hotel FF&E | 4 | 3 | HIGH | EPC lump-sum contracts with 10–15% contingency; phased capital deployment; hedge import-linked costs | Investor |
| Market / Commercial | Slower-than-base-case demand ramp, particularly the international golf segment dependent on Malaysia/Middle East flight connectivity | 3 | 3 | MID | Phase 9→18 holes only once demand is proven; diversify revenue across golf, marine sports and MICE; secure government commitment to direct national events to the MICE facility | Investor / Pemda |
| Regulatory | 80-year concession bylaw still under government review; potential gap between Qanun Aceh and national BMD/BMN ceilings | 3 | 2 | MID | Structure the initial concession at the nationally-confirmed ceiling (Permendagri 19/2016) with an extension option once the Qanun is ratified; obtain a DPMPTSP legal opinion before financial close | Pemda |
| Social / Environmental | AMDAL not yet issued; community expectations for local employment in a post-2004-tsunami coastal community | 3 | 2 | MID | Initiate AMDAL pre-application during the MoU stage; commit to a ≥60% local hiring target; build on the existing positive precedent of community employment since the 1980s | Pemda / Investor |
| Institutional | Gubernatorial / Pilkada transition risk affecting project-champion continuity and DPMPTSP leadership priorities | 3 | 2 | MID | Secure SK Gubernur and a binding concession agreement (not only a verbal commitment or MoU) ahead of the election cycle, per the government commitment-credibility hierarchy | Pemda |
Risk scoring methodology: Impact (1–5) × Likelihood (1–5); Low ≤6, Mid 7–14, High ≥15. Compiled by DPMPTSP Aceh per the Arghajata project-structuring framework.
Government support & 5-year investor roadmap.
Concrete commitments from the Government of Aceh to de-risk the investment journey across mobilisation, ramp-up and full operations.
Mobilisation & Construction
- Fast-track OSS licensing via a dedicated DPMPTSP Aceh investor desk; target all permits within 90 days
- Infrastructure support — road access, PLN grid reinforcement and PDAM connection confirmed before mobilisation
- Formal concession agreement signed with Dinas Pariwisata Aceh, up to 80 years per Qanun
Operations Ramp-Up
- Joint tourism promotion — Sumatra Investment Day, Indonesia Open Golf events, international halal tourism fairs
- Event & MICE facilitation — Pemda Aceh directs national-level government events to Lhoknga for the first 3 years
- Tariff & fee stability — no adverse changes to concession terms or land-use fees in the first 5-year period
Full Operations & Expansion
- Connectivity enhancement — lobbying for additional direct flight routes (KL, Singapore, Dubai) via Sultan Iskandar Muda Airport
- Incentive continuation — tax holiday/allowance maintained beyond Year 5, reviewed only at investor request
- Expansion facilitation — new land designation for Phase 2 development within the 57-ha master plan zone
Source: DPMPTSP Aceh; Dinas Pariwisata Aceh; Kemenparekraf RI 2026.
Future development vision.
The 57-hectare master plan zone, and surrounding government land, supports phased expansion well beyond the initial golf and marine sports programme.
Integrated golf resort, luxury villas & MICE
Future development may extend to a full golf beach resort given the property's frontage on Lampuuk and Lhoknga's white-sand beaches.
New modern township
Surrounding land availability supports development of villa residences, hotel and MICE centre as a broader township programme.
Theme park, resort & waterpark
Other prospective development includes Aceh's first integrated outdoor theme park, alongside resort and waterpark facilities.
Take the next step on Lhoknga.
DPMPTSP Aceh is ready to support qualified investors through site visits, data room access, and a structured pathway to a signed concession agreement. The Government of Aceh welcomes international hospitality, golf and marine sports operators to discuss the BOT, KSP or Joint Venture structure that best fits their investment mandate.
- Equity sought
- USD 4.09M (50% of total project cost)
- Preferred scheme
- KSP, BOT or Joint Venture — investor's choice within Government of Aceh's PPP framework
- Concession term
- Up to 80 years (Qanun Aceh)
- Asset
- 57 ha, Hak Pakai No. 15, MAPPI-appraised at USD 4.27M
- Authority
- DPMPTSP Aceh, on behalf of the Government of Aceh
- Address
- Jl. Tgk. Imeum Lueng Bata, Gampong Cot Masjid, Kecamatan Lueng Bata, Kota Banda Aceh (23246), Aceh
- Web
- investaceh.id
Disclaimer. This page presents indicative investment information on the Lhoknga Golf & Marine Sports Resort, compiled by DPMPTSP Aceh (Invest in Aceh) for preliminary investor discussion purposes only. It does not constitute investment advice, an offer, or a solicitation to invest, and all financial projections are preliminary estimates pending a formal, independent feasibility study. Prospective investors should conduct their own due diligence before making any investment decision.
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