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Thursday, November 11, 2010

Bakrieland in talks for Disney theme park in Indonesia-source

Indonesian developer Bakrieland (ELTY.JK) is in talks with Walt Disney Company (DIS.N) to build a theme park in the country's main Java island, a source with knowledge of the matter told Reuters on Thursday.

Bakrieland expects to sign a deal for the $1 billion theme park in Sukabumi next year, said the source, who declined to be identified because the talks were not public. Bakrieland owns land in Sukabumi.

A Bakrieland spokesman declined to comment. Source: Reuters

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