Softbank Withdraws From The IKN Project, PKS Legislator Proposes Calling For The Head Of The Authority

JAKARTA - Member of the DPR from the PKS faction, Suryadi Jaya Purnama, assessed that the withdrawal of the Japanese venture capital company, Softbank, from the IKN Nusantara project would set a bad precedent for potential IKN investors.

He questioned the reason for the company's resignation after the government appointed the Head and Deputy Head of the IKN Authority, namely Bambang Susantono and Dhony Rahajoe.

Whereas in Law Number 3 of 2022 concerning IKN Article 12 gives special authority to the IKN Authority, in the form of granting investment permits, ease of doing business, and providing special facilities to parties who support IKN financing.

It is known that Bambang is vice president of knowledge management of the Asian Development Bank/ADB, while Dhony is a senior official at Sinarmas Land.

Therefore, this member of Commission V of the DPR proposed a summons for the two leaders of IKN Nusantara.

"The PKS faction proposed that the DPR summon the Head of the IKN Authority to provide an explanation of this, especially regarding the plan to find new investors for IKN," Suryadi told reporters, Tuesday, March 15.

The former member of the Special Committee for the DPR IKN Bill reminded the government about the impact of the withdrawal of these investors. Moreover, the company is said to intend to invest up to IDR 1,428 trillion.

Suryadi asked the government to seriously examine the impact of the withdrawal of the investment, especially the percentage of IKN funding sources. Because, according to Suryadi, finding new investors is not an easy thing.

"We from the PKS faction remind the government not to increase the use of APBN funds in order to pursue the IKN development target on time," said Suryadi.

In addition, he continued, there is no clarity from the government regarding foreign investment opportunity schemes, especially with the public private partnership scheme.

"Political risks and recent commotion about the extension of the presidential term and the postponement of the 2024 election schedule will make investors choose to wait and see," Suryadi emphasized.