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Investment in Nusantara’s IKN Rises Drastically

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By: Ridwan Alamsyah )*

The National Capital City (IKN) of the Archipelago is still in the process of being developed but there are already many investors who want to invest there. This is very good because it will speed up the development process, so that IKN will become   a green and modern green city . Investors believe that IKN will be a city of the future that is sophisticated but still environmentally friendly.

The national capital will be moved from DKI Jakarta to North Penajam Paser, East Kalimantan. According to the plan, IKN Nusantara will be ready for habitation in 2 years, and the ceremony for Indonesia’s independence day on August 17 2024 will not be held in Jakarta but at the IKN Presidential Palace in Borneo. Therefore construction continues to be carried out in accordance with the schedule and targets set by the government.

In order to support the development of IKN, the government invites investors to invest there. With a cooperative system, it will be mutually beneficial. 

Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono stated that interest in investing in IKN Nusantara has increased 25 times the total land offered in 2022. The land will be used for education, health, housing and office facilities.

Minister Basuki added that investment in educational facilities is not only for tertiary institutions, but also international schools. Among them are Multimedia Nusantara University and Jakarta International School. Then, there are also private research institutes, housing, National Hospitals, etc. One of the hospitals interested in IKN is Hermina Hospital.

Investment in various sectors will be very good because it will make IKN a capital city with complete facilities. New residents of IKN (who are civil servants transferred from DKI Jakarta) can send their children to good quality schools. They also enjoy modern city facilities such as electric vehicles. Thanks to the help of investors, IKN has become a sophisticated place.

If the investment increases drastically, it will be very good because the construction of IKN Nusantara will be on target and make it a green and sophisticated city of the future. Investors also believe in IKN because they like the concept. Not only a modern city but also a  green city  and  sponge city . Where this city is in the middle of a beautiful forest, and its development will not damage the environment.

Kalimantan is one of the lungs of the world and the government will not cut down forests for the sake of building IKN. Investors also understand this and they will build IKN without destroying the environment. The public need not fear the arrival of investors because they will not cut down trees or steal Indonesia’s natural wealth, but will work with the government to build IKNs.

Investors also like the  sponge city  concept in IKN because it will absorb excess rainwater. IKN Nusantara will be flood free, unlike DKI Jakarta. They believe this city will be far better than Jakarta, therefore they believe and invest there.

The government opens its doors wide for investors. Moreover, investors get direct guarantees from the President of Indonesia. President Jokowi stated that IKN Nusantara is the future of Indonesia which can be realized with the joint efforts of all parties, including investors. Therefore, the government opens opportunities for investors to realize the transformation of Indonesian civilization.

President Jokowi also added that investing in IKN Nusantara is a golden opportunity that cannot be repeated again. Investors may enter into any sector. For example in the  financial center, health care center, education center, housing area,  and   tourism area.

If there is already a guarantee from President Jokowi, investors will be even more determined in investing in IKN Nusantara. Among the investors is the Ciputra group which has been known as the ‘king’ of the property business. In addition, there are also foreign investors from China, Taiwan, Saudi Arabia and other countries. Also there is IKEA, a furniture company from Sweden.

Investors are interested in investing in IKN Nusantara because it really starts with basic infrastructure so that later it will have a very high price. Then, the land price is still cheap. The IKN also has a good concept, namely a green city with high technology, so they are even more confident to invest there.

The total investment in IKN is more than IDR 500 trillion. As much as 20% comes from APBN funds, while the rest comes from foreign investors. The government ensures that everything can run smoothly according to plan, so that this investment will be mutually beneficial.

Investment in the Nusantara National Institute of Industry has increased dramatically, up to 25 times. The government is very happy because foreign investors believe that IKN Nusantara will be the future of Indonesia. With the concepts of  green city, sponge city,  and  modern city , IKN will become a sophisticated and green city.

)* The author is a Persada Institute Contributor

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