LPKR Targets 1 Million Beneficiaries from Social Programs by 2030
Jakarta, 19 May 2025 – PT Lippo Karawaci Tbk. (LPKR), Indonesia’s leading integrated real estate and healthcare platform, continues to solidify its commitment to fostering a culture of volunteerism that delivers tangible and lasting impact on communities across its operational areas.
For LPKR, community support is not merely a philanthropic act but a strategic approach to building and strengthening long-term relationships with its stakeholders.
Throughout 2024, LPKR actively encouraged employee participation in meaningful volunteer activities while exploring innovative approaches to community engagement. All initiatives were implemented through the Lippo untuk Indonesia PASTI program, an acronym for Pintar (Smart), Asri (Green), Sejahtera (Prosperous), Tangguh (Resilient), and Independen (Independent), which aligns with Indonesia’s national sustainable development agenda and the United Nations Sustainable Development Goals (SDGs).
During this period, LPKR carried out 1,049 community empowerment programs across its business units, with a total investment of over IDR 40 billion, positively impacting 122,842 individuals in 43 cities throughout Indonesia.
As part of its 2030 sustainability agenda, LPKR has set an ambitious goal to support at least 5,000 community programs and reach 1 million beneficiaries through the Lippo untuk Indonesia PASTI initiative by 2030.
John Riady, Group CEO of Lippo Indonesia, stated that this initiative embodies the company’s collaborative and forward-looking spirit in supporting Indonesia’s sustainable development progress in a holistic manner. LPKR remains committed to enhancing the quality of life for all stakeholders within its ecosystem, ensuring a better future for generations to come.
He further emphasized that sustainability is not only a strategic priority but also a key element in maintaining the company’s competitive advantage amid the evolving operational and socio-economic landscape.
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 operations in 26 provinces and 56 cities nationwide and total assets of IDR 53.7 trillion as of December 31, 2024. The Company’s core businesses include real estate development, township management, healthcare services, lifestyle malls, and hospitality.
As a prominent developer and township operator with 1,395 hectares of land bank ready for development, LPKR primarily focuses on urban development across Java and Sulawesi, including its flagship township, Lippo Village in Tangerang. Through its publicly listed subsidiaries, PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk — of which LPKR owns 83.99% and 62.69% respectively — the Company also manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.
In healthcare, LPKR holds a 29.09% stake in PT Siloam International Hospitals Tbk, a leading private hospital network in Indonesia with 41 hospitals and 73 clinics in 23 provinces. In the lifestyle segment, the Company manages 59 malls across Indonesia and owns a 47.29% stake in Lippo Malls Indonesia Retail Trust, a REIT listed on the Singapore Exchange with assets under management of SGD 1.6 billion as of December 31, 2024. LPKR also operates 10 Aryaduta Hotels, country clubs, and golf courses.