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IKN Nusantara Attracts Local Investors

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By : Putri Dewi Nathania )*

The development of IKN is getting more massive ahead of 2024. During the construction period, local investors are very interested in investing their capital. The arrival of domestic investors will make IKN more advanced and become the most spectacular capital city.

The national capital will be moved from DKI Jakarta to North Penajam Paser, East Kalimantan. The plan is that IKN Nusantara will be ready for habitation in 2 years, and the commemoration ceremony for Indonesia’s independence day on August 17, 2024 will not be held in Jakarta, but at the IKN East Kalimantan Presidential Palace. 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 allows investors to invest there. With a cooperative system, it will be mutually beneficial. IKN is increasingly in demand by local investors because they see a bright future.

Main Director of PT ARCS House Wisata Indonesia, Wiraseno, said that his party will build hotels and resorts with traditional aesthetics and equipped with modern comforts that embrace the natural beauty around them.

Wiraseno continued, this is an important step for us to participate in hotel development at IKN which is also in accordance with its vision and mission, namely to strengthen the tourism industry and the creative economy in Indonesia. His party will build hotels and resorts that provide a quality stay experience, restaurants, meeting rooms and other facilities.

This investment commitment was marked by the signing of the Hotel and Resort Development Cooperation Agreement. Wiraseno continued, apart from guaranteeing service quality, his party is also committed to participating in maintaining environmental sustainability in accordance with the government’s program in the development of IKN. As well as making a positive contribution to the local community.

In a sense, investors who come to IKN Nusantara do not only come from abroad but also from within the country. They believe that IKN is a dynamic future capital. By investing there, the results will be very profitable.

Then, local investors must also be orderly in complying with the regulations set by the government. They are aware that the construction of the IKN is carried out massively. But with the condition that it must be environmentally friendly, because Kalimantan is one of the lungs of the world.

The government will not clear 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.

Meanwhile, the Head of the IKN Authority, Bambang Susantono, stated that there were three investors ready to build the State Civil Apparatus (ASN) and Defense and Security residences at IKN. The three investors are PT Summarecon Agung Tbk (Summarecon) and the CCFG Corp Consortium – PT. Risjadson Brunsfield Nusantara (CCFG-RBN). The total investment value of the three investors is around 41 trillion rupiah under the Public Private Partnership (PPP) scheme. 

Bambang added, the three companies had obtained a Project Initiative Permit (SIPP) or Letter to Proceed (LTP) from the Minister of Public Works and Public Housing (PUPR). Currently there are 59 business actors from various sectors who have sent Letters of Intent to invest in IKN which are being processed and he is sure that this number will continue to grow. Hopefully the next process can be completed soon and we can immediately step on the gas in early 2023.

The sectors currently of interest to investors are education (15 LOI), health (5 LOI), housing (8 LOI), government offices (2 LOI), private and state-owned offices (3 LOI), mixed use (8 LOI), consulting (6 LOI), infrastructure and utilities (10 LOI) and technology (2 LOI).

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 amenities such as electric vehicles. Thanks to the help of investors, IKN has become a sophisticated place.

If the investment increases drastically, then the construction of the Nusantara National Institute of Science will be on target and make it a green and sophisticated city of the future. Investors are confident about 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.

IKN Nusantara has many local investors and they believe that there is a city of the future of Indonesia. They believe in the future of this city with the concepts of  green city, smart city, and sponge city. IKN will be a modern and environmentally friendly capital city and this concept is highly favored by national entrepreneurs.

)* The author is a contributor to the Perkasa Media Institute

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