Pantai Indah Kapuk (PIK) might be a career barometer for Ciputra. Its the most ambitious and at the same time the gloomiestproject he has ever undertaken. With a budget of Rp6 trillion and 30 big-name entrepreneurs involved, PIK was the ivory tower of his heyday: a settlement complete with its own golf course, hotel, condominium, marine park, brackish water lake and even protected forest.

In brief, PIK was a project that in many respects is incomp