New Capital City Presents New Opportunities for Investors

The investment landscape in East Kalimantan appears poised for significant growth. This potential has been unlocked following President Joko “Jokowi” Widodo's directive to the Nusantara Capital Authority (OIKN) to offer land parcels for sale to investors.

Alifian Asmaaysi & Hendra Wibawa

15 Mar 2024 - 17.31
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New Capital City Presents New Opportunities for Investors

The pricing of land within the IKN follows the guidelines set by the Authority and adheres to relevant regulations. - Photo Bisnis

Bisnis, JAKARTA--The investment landscape in East Kalimantan appears poised for significant growth. This potential has been unlocked following President Joko “Jokowi” Widodo's directive to the Nusantara Capital Authority (OIKN) to offer land parcels for sale to investors.

The President's directive comes in response to the imperative to expedite investment in the IKN. He has specifically requested that land be made available for investment purposes, with the pricing to be determined by the OIKN.

The pricing of land within the IKN follows the guidelines set by the Authority and adheres to relevant regulations. "That's also what he [Jokowi] said. Work quickly but don't violate the rules," remarked Minister of Public Works and Housing (PUPR) Basuki Hadimuljono on Wednesday (13/3/2024).

The following day, during the IKN Coordination Meeting in Jakarta, Head of OIKN Bambang Susantono mentioned that under certain circumstances, land in the IKN could be sold to investors as property rights. However, he underscored that initially, the land sale and purchase process would involve only the acquisition of building use rights (HGB) and business use rights (HGU).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Fatkhul Maskur
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New Capital City Presents New Opportunities for Investors

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