President Requests His Staffs to Accommodate High Investment Interest in IKN

Indonesia, MRN – November 28, 2022, President Joko Widodo chaired a limited meeting with some of his staff at the Merdeka Palace, Jakarta, Monday, November 28, 2022, to discuss the status of investment interest in the Nusantara Capital City (IKN).

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In his statement after the meeting, the Head of the IKN Authority, Bambang Susantono, said that investment interest in IKN was highly notable, especially after a market sounding has been conducted.

“After the market sounding, the interest of investors who contacted us has grown tremendously, thus almost 40 times, to be precise, 39 times of the regions we have prepared for investment in this first phase. I emphasize, the first phase is in the Central Government Core Area (KIPP),” said Bambang.



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Concerning the high investment interest, President Joko Widodo provided supervision to recommence areas in the IKN to accommodate the interest of investors that did not acquire it in area 1A. According to Bambang, area 1A is where the Presidential Palace and several ministries shall be situated.

“Presently, we are reopening 1B and 1C. Hence we will immediately open the total area of ​​KIPP or the Central Government Core Area to interested investors,” he added.

Furthermore, Bambang pointed out that the government is not simply opening up investment opportunities in the KIPP area but in others too. The amount of these areas includes tourism, financial and economic centers, education, to health areas.



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“So the point was his directive to open as wide as possible for investors to join in and construct in this IKN area promptly,” he said.

“God willing, we will commence realizing this next year so that it will be even more visible later, then more construction is intended to be built. Thus in 2024, when the President will conduct a ceremony at the IKN, he shall be able to see the advance on the spot,” he added.



Press Bureau, Media, and Information of the Presidential Secretariat

(Christin)

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