PT Astra Land Indonesia (ALI) which established on 14 October 2016, is a joint venture between Astra International and Hongkong Land with 50% shares composition. Hongkong Land is a member of the Jardine Matheson Group and a leading property group engaged in property investment, management, and development based in Hongkong and Singapore. PT Astra Land Indonesia (ALI) is the vehicle for residential project in Astra Property Group. Current business portfolio is township project undertaken together with PT Modernland Realty under the management of PT Astra Modernland. In the future, not to rule out the possibility that PT Astra Land Indonesia will have other residential projects, such as housing developments, apartment, public facilities, and open area for public.