Tuesday, May 14, 2024

Nusantara authority targets Rp 100 trillion investments in 2024

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Bambang Susantono, Head of the Nusantara Capital Authority (OIKN), has revealed ambitious investment targets for the new capital city in 2024, reaching up to IDR 100 trillion (US$ 6.3 billion).

This value includes the development of public facilities such as four hospitals, six hotels, and four shopping centers. The announcement was made during the Nusantara Fair 2024 held at the Grand Auditorium Mal Kota Kasablanka in Jakarta, on Friday, January 26, 2024.

Bambang disclosed that investments already received since 2023 amounted to IDR 47.5 trillion, with IDR 35.9 trillion from the private sector and the remaining IDR 11.6 trillion from the public sector.

“This includes the groundbreaking activities that have already taken place,” stated Bambang.

The Nusantara Fair 2024, ended on Sunday, served as an initiative to introduce the Nusantara capital city (IKN) more closely to the public and attract new investors to help achieve the set targets.

The selection of shopping centers is strategic to capture attention due to their high footfall. Bambang is confident that many stakeholders will recognize the advantages of investing in IKN.

“We also want to raise awareness related to the development of IKN,” said Bambang.

He expressed hope that the general public would play a role in spreading the message about the purpose of IKN’s development, contributing to the growth of the economy evenly across the country. IKN aims to evolve into a world-class city, fostering new growth, especially in the central and eastern regions of Indonesia.

“Therefore, the essence of IKN’s development, which represents the transformative development of Indonesia centrically in the future, can be understood by the public. The future transformative development of Indonesia that can be realized through the development of IKN,” explained Bambang.

The banking sector’s enthusiasm for IKN development is evident, with PT Bank Mandiri being one of the prominent supporters. Bambang revealed that Bank Mandiri would soon commence the physical construction of its office in the core area of IKN.

“I can leak that Bank Mandiri will start groundbreaking,” he added.

Responding to this, Alexandra Askandar, Vice President Director of Bank Mandiri, stated that their actions are a form of support for IKN development.

Bank Mandiri has even issued an E-money card featuring IKN. Ultimately, the public can find information related to IKN through various communication channels, both digital and offline.

“We created an E-money version of IKN with the intention of introducing IKN to the wider audience,” said Alexandra.

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