Interest from foreign investors is proof that IKN development has promising prospects
By : Adnan Ramdani )*
The interest of foreign investors in the development of the Indonesian National Capital (IKN) is clear evidence that this project has very promising prospects. The Archipelago Capital Authority (OIKN) revealed that the company Emaar Properties from the United Arab Emirates (UAE) was very impressed and interested in investing in IKN.
Emaar Properties is a world-famous development company and is responsible for the construction of the Burj Khalifa, the world’s tallest building located in Dubai. So that investment in development at IKN can have a big impact on economic growth, job creation and improving the quality of life of the community.
Former Head of the IKN Authority, Bambang Susantono, said that Emaar Properties from the UAE is interested in investing in IKN, then for several types of investment sectors his party will calculate again, whether in the energy, transportation or property sectors. These three things are still being discussed and are expected to be realized soon.
Bambang Susantono also explained that his party was very optimistic about being able to realize this target, and ensured that all targets had been set in a measurable manner which was proven to have received a positive response. This should be appreciated because the progress of IKN development is a form of the government’s commitment to realizing equitable development and economy in Indonesia.
The development of IKN Nusantara in East Kalimantan aims to diversify and balance the economic centers in Indonesia which have so far focused on the island of Java. This certainly provides attractive new economic opportunities for investors. Apart from that, the government has shown a strong commitment through various regulations and incentives that support IKN development. These include easier licensing regulations, fiscal incentives, and basic infrastructure support.
In addition, the IKN development project has been designed taking into account sustainable environmental aspects, including the use of renewable energy and preservation of natural ecosystems, which is attractive for investors concerned with social and environmental responsibility. The development of modern and high-quality public facilities such as education, health and recreation increases their attractiveness to the population and potential workforce, which in turn attracts investment.
The realization of investment in IKN, which is directed at realizing economic equality, is a positive step that can have a significant impact on economic development in various regions of Indonesia. Some of the ways in which such investments can contribute to economic equality involve investments in infrastructure projects in IKN, such as transportation, energy, and public facilities. This can certainly support economic growth in the surrounding areas. In addition, development projects in IKN usually involve construction work, and related projects that can create local jobs. So it can have a positive impact on the income of communities around the IKN project.
Meanwhile, the Indonesian Ambassador to Kazakhstan and Tajikistan, Fadjroel Rachman, revealed that there are five companies from Kazakhstan that are interested in investing in IKN. Of the five Letters of Intent (LoI), three of them are engaged in the construction sector, namely the BI Group company. BI Group is a construction company that is the driving force for the development of the capital city of Astana, Kazakhstan. Then another construction company from Kazakhstan, namely the real estate development company K7, is also interested in investing in IKN.
Apart from construction companies, another Kazakh company that is interested in investing in IKN is the Parqour company which operates in the smart parking sector. The Parqour company is already operating in Bali and Jakarta, they will then continue to IKN. Then another company, namely Sergek Projects, is engaged in smart city solutions and smart mobility. Sergek Projects itself has completed a trial or Proof of Concept (POC) collaborative Intelligent Transportation System (ITS) in Balikpapan, East Kalimantan.
Furthermore, investment in IKN can create new business opportunities and stimulate the growth of local economic sectors, including trade, services and other industries. Investment projects often involve education and training programs to prepare local workers to participate in emerging sectors, thereby improving the skills and competitiveness of local communities. By increasing access to health services, education and other public facilities. Furthermore, investment in IKN will be able to improve the welfare of society in various regions.
According to President Joko Widodo (Jokowi), investor optimism increased after the election. The President also reminded the importance of setting good land and ecosystem strategies to ensure sustainable city development. So by implementing this strategy, IKN can develop into a sustainable city, where economic development goes hand in hand with environmental preservation and community welfare.
With these various advantages, investor interest is a strong indicator that IKN Nusantara has promising prospects as a new growth center in Indonesia. This project is not only expected to bring economic benefits, but also have positive social and environmental impacts for the country and the surrounding region.
)* The author is a domestic economic observer