IKN Attracts New Investors with Significant Private Capital Commitment

Strengthening Confidence in IKN's Sustainability

The Otorita Ibu Kota Nusantara (OIKN) has announced the signing of seven agreements for land utilization and allocation of assets under its management with five new private investors. This move marks a significant milestone in the development of the Ibu Kota Nusantara (IKN) project, as it brings the total private capital investment to Rp 66 trillion. The investors, who are part of the Asatu Corporation, include PT Bahagia Bangunnusa, PT Rangga Ekapratama, PT Fajar Maju Berkarya Gilang, PT Batara Maduma Prospernusa, and PT Haidir Griya Karya.

Diverse Sector Development Planned

According to the Head of OIKN, Basuki Hadimuljono, these investors are set to develop a range of sectors in IKN, including culinary areas, trade, private offices, and sports facilities. This diversified development approach is expected to not only enhance the aesthetic and functional appeal of IKN but also to act as a catalyst for economic activity in the region. By attracting such a significant amount of private investment, IKN is poised to become a hub of economic growth and development, aligning with the government's vision for the new capital city.