LPKR Commits to Developing a Talent-Driven Organization

Jakarta, 5 March 2025 - PT Lippo Karawaci Tbk (LPKR), Indonesia’s leading real estate and healthcare company, remains steadfast in its commitment to building a talent-driven organization that supports personal development and equips employees with the necessary skills and knowledge to excel in their respective roles.

Continuous learning and development initiatives are integral to the company’s efforts to cultivate a high-performing and productive workforce.

John Riady, Group CEO of Lippo, stated that LPKR adopts a comprehensive approach to staff development by offering a wide array of training programs that cover both technical skills and soft skills required for various roles. In addition, LPKR regularly conducts refresher sessions on internal policies and procedures to ensure strong corporate governance practices.

Throughout the year, LPKR organized numerous training and capacity-building programs aimed at enhancing both the functional and technical capabilities of its workforce. These trainings are conducted internally and in collaboration with third-party training providers to offer employees broader insights into best industry practices.

The use of digital platforms also allows LPKR to deliver more tailored learning modules to meet the specific upskilling needs of individual employees.

In the real estate segment, training focuses on occupational health and safety, as well as compliance with quality standards to deliver high-quality developments, complemented by digital-based soft skills training. In the healthcare segment, training programs span from patient care to clinical expertise, with regularly updated materials to keep pace with the latest developments in the healthcare industry. Meanwhile, in the lifestyle segment, training emphasizes customer service, facility management, and operational excellence to enhance customer satisfaction.

In 2023 alone, LPKR employees completed a total of 702,071 training hours, averaging 41 hours per employee across all business units, with total training expenditures amounting to IDR 6.93 billion. Employees in the healthcare segment recorded the highest average training hours at 47 hours, reflecting the importance of in-depth training in medical procedures, service excellence, and workplace safety protocols.

Furthermore, in 2023, employees completed 1,156 hours of training focused on Environmental, Social, and Governance (ESG) and stakeholder engagement, with over 900 hours of ESG-related training held internally. LPKR has committed to increasing annual ESG training hours to 1,600 hours by 2030.

About PT Lippo Karawaci Tbk 

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk (LPKR) is Indonesia’s leading real estate and healthcare platform, with a presence across 26 provinces and 56 cities and total assets of IDR 50 trillion as of December 31, 2023. The company’s core businesses include urban development, township management, healthcare services, lifestyle malls, and hospitality.

As a top urban developer and township operator with a landbank of 1,421 hectares, LPKR develops and manages integrated developments primarily in Java and Sulawesi, including its flagship township, Lippo Village in Tangerang. Through its publicly listed subsidiaries PT Lippo Cikarang Tbk (83.99% owned) and PT Gowa Makassar Tourism Development Tbk (62.69% owned), the company also develops and manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

In addition, LPKR holds a 29.09% stake in PT Siloam International Hospitals Tbk, the leading private hospital network in Indonesia, operating 41 hospitals and 72 clinics across 23 provinces. LPKR also manages 59 lifestyle malls throughout Indonesia and owns a 47.29% stake in Lippo Malls Indonesia Retail Trust (LMIRT), a Singapore-listed REIT with SGD 1.5 billion in assets under management as of December 31, 2023. The company also operates 10 Aryaduta hotels, as well as country clubs and golf courses.