“Indonesia’s market development, a new economic spot”- Andres Senkovs partner of Bali island developer spoke to European ambassadors in Cannes at Mipim 2024

CANNES, FRANCE, March 14, 2024 – In a groundbreaking presentation at the Magnum Estate & Congress AWARDS Press Conference in Cannes, Magnum Estate unveiled its ambitious vision for luxury development in Bali, Indonesia. This event, held at the prestigious JW Marriott Cannes, brought together luminaries such as Andres Senkovs, Anna Stukkert, and Natalia Kamyshan, showcasing a blend of luxury, innovation, and cultural reverence that promises to elevate Indonesia’s status in the global market.

A Meeting of Minds and Cultures

The conference served as a melting pot of cultures and industries, with high-profile attendees from government sectors, top-tier media, and the business elite. Notably, the presence of Andres Senkovs, Co-partner at Magnum Estate Bali; Anna Stukkert, President of the International Investment Congress; and Rusmin Lawin of The Indonesian Chamber of Commerce and Industry underscored the event’s significance in strengthening economic ties between Indonesia and France.

Strategic Insights and Visionary Leadership

Andres Senkovs, with his strategic foresight, highlighted Magnum Estate’s commitment to excellence in Bali’s dynamic market. Meanwhile, Anna Stukkert’s role in fostering European investment and innovation through the International Investment Congress has been instrumental in highlighting investment excellence across Europe.

Rusmin Lawin and Derry Putera Iskandar offered insights into Indonesia’s governmental strategies and private sector engagements, emphasizing efforts to attract foreign investment and enhance trade relations with France.

A Glimpse into Bali’s Future of Luxury

The conference also spotlighted the unveiling of Magnum Estate’s ultra-luxury complex plans in Bali, a project poised to redefine luxury living. Natalia Kamyshan, Pr Global at Magnum Estate, emphasized the project’s alignment with Indonesian culture and sustainable development, ensuring the preservation of local architectural traditions.

Royal Endorsements and Strategic Partnerships

The event featured endorsements from prominent cultural figures, including Anak Agung Bagus – Partha Wijaya King in Bali and HRM Queen – Ayla Aldjufrie Salakanagara Tirtawangsa Maja Empire, highlighting the cultural significance of Magnum Estate’s initiatives. HRSM Queen Prof. Dr. Ayla Aldjufrie’s involvement underscored the combination of real estate expertise with a commitment to women empowerment.

Magnum Estate at MIPIM 2024: A Vision for Growth and Luxury

Magnum Estate’s participation in MIPIM 2024 marks a pivotal moment in Bali’s transformation into a hub of luxury and cultural reverence. With 11 premium complexes underway and five set to launch in 2024, Magnum Estate is at the forefront of Indonesia’s economic evolution, promising unparalleled luxury living experiences.

As Magnum Estate continues to captivate the global audience with its visionary projects, its showcase at MIPIM Cannes 2024 has not only highlighted Bali’s enchanting allure but also reinforced Indonesia’s burgeoning presence on the international real estate stage. With a steadfast commitment to excellence, innovation, and cultural preservation, Magnum Estate is setting new benchmarks in luxury living, positioning Indonesia as a new economic spotlight on the world stage.