Government to Get More Investments After Fifth IKN Groundbreaking

The IKN Authority is optimistic about garnering investments of IDR100 trillion, both from the public and private sectors.

Yanita Petriella & Alifian Asmaaysi

4 Mar 2024 - 20.07
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Government to Get More Investments After Fifth IKN Groundbreaking

Illustration - The Indonesian National Capital (IKN) development project continues. Aerial view of the location of the Coordinating Ministry 4 (Kemenko 4) office in North Penajam Paser Regency, IKN Nusantara Region./Bisnis/Doc. WSBP.

Bisnis, JAKARTA — The first quarter of the year marks another series of groundbreaking in IKN, with President Joko “Jokowi” Widodo witnessing a number of projects worth IDR2.1 trillion from February 29 to March 1.

The projects in question include state-owned banks PT Bank Mandiri, PT Bank Negara, and PT Bank Rakyat Indonesia. Following them are PT Bank Pembangunan Daerah Kalimantan Timur and Utara (Kaltimtara), BPJS Kesehatan office, PT Telkom Indonesia, the IKN Authority Command Center, and TVRI Station.

From September 2023 to January 2024, the government has conducted a total of four groundbreaking batches. The investment value in the first batch of groundbreaking on September 21—22, 2023, reached IDR23 trillion, consisting of 10 companies in the Nusantara Consortium.

In the first batch, the developer Agung Sedayu Group (ASG), along with nine other companies in the consortium, had fulfilled their initial investment commitment to build projects in IKN, including the five-star hotel Nusantara.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
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Government to Get More Investments After Fifth IKN Groundbreaking

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