OIKN Records 256 Investor Candidates Interested In Investment In IKN

Illustration of IKN (Photo: Doc. Antara)

JAKARTA - The authority of the Capital City of the Archipelago (OIKN) revealed that the progress of interest in investing in IKN continues to show positive activity.

Deputy for Funding and Investment of the IKN Authority Agung Wicaksono said that his party had recorded 256 letter of interest (LoI) consisting of 19 countries, to date.

"If LoI has 256. We have recorded the data through the machine, so there is already an online system that monitors it," said Agung after the Indonesia Retail Summit agenda in Jakarta, on Tuesday, August 15.

Of the total 256 LoIs, 116 of them came from domestic investors. While the rest, namely as many as 140 are foreign investors.

Agung added, of the 256 LOIs that entered, at least there were investor investors who would prepare to conduct groundbreaking before the fourth quarter of 2023.

"Eight now, those who are ready for ground breaking, the process has started," he said.

On the same occasion, Agung also briefly highlighted that the investment process at IKN will certainly run smoothly in line with the entry of the domestic investment consortium (PMDN).

However, when asked in more detail about who the investors who are members of the consortium are, Agung did not want to provide further information.

"The most true is the PMDN consortium. It already shows you will get the best supply to build the area, especially the mixed use development area," he added.

Later, the project that will be worked on by the PMDN Consortium will not only be in the mixed use development area, but also in the form of public facility infrastructure to green open areas.