I thank God for all that He has provided for Istana Group and its related parties. I thank all
staff and personnel, all shareholders, all clients and customers, all suppliers and contractors,
and all others who have supported Istana Group during all these 22 years. Without all of
you, we would not be where we are today.
Before entering the real estate development sector, I have had a diverse experience in
setting up business in different sectors: banking, transportation, commodities,
manufacturing, and consumer goods. In all these fields, as dissimilar as they are, I have
learned that there is a red thread connecting all of them' the most important capital that
one can possess is the capital of Trust. Regardless of how good a business plan is, or how
well' funded a project is, without the necessary trust from the right set of people, it is hard to
pave a smooth road for the business. Trust is the basic foundation on which any business
must be built on.
Thus I am very fortunate to have Mr. Edi Sukamto Josana as my business partner in Istana
Group. Over the years, I have grown to regard him as not merely a business partner but a
friend through thick and thin, an adviser, a brother. From our first project Batujajar
Industrial Estate in Padalarang in 1988 to our latest Sofitel Hotel in Seminyak Bali, from our
smallest in size de Balepakuan to our biggest Garuda Wisnu Kencana in Bali,
together we strive to uphold the values that we consider essential in keeping the reputation
of Istana Group in the eyes of our stakeholders. Istana Group is dedicated to providing
benefits for all stakeholders: not just profit for the shareholders, but also good returns for
investors and added value for end' users of our products.
To you who are unfamiliar with Istana Group, contained in this book is an overview of our
projects and accomplishments, offering you a glimpse into our diverse ventures. I hope that
we can continue to uphold our pledge of Trust and to provide you with excellent product
and exceptional service.
Best regards,
Ginawan Chondro
See the message from our co-founder, Mr. Edi Sukamto Josana