Local Tycoons Rush to Invest in IKN

Indonesian tycoons are eyeing to invest in IKN projects, including Dato Sri Tahir, who plans to build a Mayapada Hospital as Pakuwon Group prepares for a groundbreaking for their five-star hotel project in IKN.

Tim Redaksi

5 Okt 2023 - 19.13
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Local Tycoons Rush to Invest in IKN

Illustration - Progress of construction of the presidential palace area at IKN./Antara

Bisnis, JAKARTA — The private sector is starting to flock to the Nusantara Capital City (IKN) with the goal of investing amid the government’s plans to provide incentives. As the House of Representatives recently passed the bill to amend Law Number 3 of 2022 concerning the National Capital City, investors will be provided with more certainty and confidence.

Several prominent investors have begun to realize their commitments as of the third week of September. Based on Bisnis records, the Agung Sedayu Group (ASG), along with nine other companies in their consortium, actualized its initial investment commitment to build a five-star hotel project named Nusantara in IKN on Thursday (9/21/2023).

The ASG consortium is a collaboration of tycoons consisting of 10 domestic companies. These ten consortium members are ASG, owned by Sugianto Kusuma; Salim Group, owned by Anthony Salim; Sinarmas, owned by Franky Wijaya, owned by Pui Sudarto; Djarum owned by Budi Hartono; Wings Group owned by William Katuari, Adaro owned by TP Rahmat/Boy Tohir, Barito Pacific owned by Prajogo Pangestu, Mulia Group owned by Eka Tjandranegara, and Astra owned by Soeryadjaya.

The consortium is led by Sugianto Kusuma, popularly known as Aguan, with a total consortium investment value in the IKN amounting to IDR20 trillion for a mixed-use development project comprising a mall, hotel, and office spaces. All ten tycoons from the ASG consortium attended the groundbreaking event in the IKN. Besides the ASG consortium, another conglomerate, Kawan Lama Group, is also present.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
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Local Tycoons Rush to Invest in IKN

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