Government Sets up for Third IKN Groundbreaking

The third batch of groundbreaking in IKN, consisting of 17 projects, will be divided into two phases, namely in the third week of December and January next year.

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12 Des 2023 - 18.50
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Government Sets up for Third IKN Groundbreaking

President Joko Widodo "Jokowi" at the construction site for the National Capital (IKN) of the Nusantara./Bisnis/Setpres doc.

Bisnis, JAKARTA — The third National Capital of Nusantara (IKN) groundbreaking batch was initially scheduled for December 13 to 14, 2023. However, this plan has since been postponed and will now be executed next week on December 20, 2023.

Notably, the groundbreaking by local private investors in IKN has taken place in two batches. The groundbreaking for the first batch occurred last September, while the second was held from November 1 to 3, 2023. 

The government secured an investment value of approximately IDR35 trillion from these two. With the third batch of groundbreaking, the total projected investment inflow in 2023 is expected to reach IDR45 trillion. There will be 17 projects with a value of IDR10 trillion to be launched in the third wave of groundbreaking.

Agung Wicaksono, Deputy for Financing and Investment at the Nusantara Capital Authority (NCA), hopes the groundbreaking can occur before the Christmas and New Year holidays. Not all projects in the third batch will undergo groundbreaking next week, as some are slated for January 2024.

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Editor: Yusuf Waluyo Jati
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Government Sets up for Third IKN Groundbreaking

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