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Garuda Wisnu Kencana

Mandala Garuda Wisnu Kencana, or Garuda Wisnu Kencana (GWK), is a 240 hectares private cultural park on the Bukit peninsula at the southern end of the island of Bali in Indonesia, 15 minutes from Ngurah Rai International Airport.  Bukit is a limestone plateau with Uluwat to the west and Nusa Dua to the east.

It is devoted to the Hindu god Vishnu, and his mount, Garuda, the mythical bird who is his companion.Currently, the statue of Vishnu is 23 metres (75.5 ft) high, although the original plan was for a 146-metre (479 ft) gold-plated Vishnu riding Garuda on top of an 11-storey entertainment complex.  Garuda wing span will be 64 metres (210.0 ft) across.  When it’s completed, it will be the largest statue in the world.  The idea was not without controversy, and religious authorities on the island complained that its massive size might disrupt the spiritual balance of the island, and that its commercial nature was inappropriate, but some groups agree with the project, because it will make new a tourist attraction over barren land.

After dormant moment, in 2013 Nyoman Nuarta who has most of the GWK’s land and PT Alam Sutera Realty Tbk (IDX:ASRI) made join cooperation, but there is no declared share portion available.  PT Alam Sutera Realty Tbk will build some luxurious villas and apartments in the GWK area and as compensation the company will disburse Rp150 billion ($14.4 million).  Nuarta will spend from his own pocket another Rp20 billion to make another bust, because the existing bust will move to another site 300 meters from the original site and Rp29 billion to make a new design of stainless steal framework of the statue instead of using galvanized steal in the previous design.  It is predicted that the project will be finished in early 2015.

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