Groundbreaking IKN Fifth Stage Scheduled Next Week

Deputy for Funding and Investment at OIKN Agung Wicaksono Agung. (Photo: Doc. ANTARA)

The Capital Archipelago Authority (OIKN) leaked the schedule for laying the first stone or groundbreaking for the fifth phase of the private project at IKN.

"The target is that in the next few weeks there will be another groundbreaking for development, increasing again and until we believe in the policies produced by the government through investment," said OIKN Deputy for Funding and Investment Agung Wicaksono in Jakarta, Monday, February 19.

Agung said that the groundbreaking of the fifth private investor in the future will be focused on the banking sector.

"We will see later from the readiness of the date, but the sector we focus on is banking. Why? Bank Indonesia (BI) has entered, LPS too," he said.

Then, there is the LPS building in IKN which is also being built and later followed by the Financial Services Authority (OJK) Building and together with banks forming mini financial centers.

"So, this is the shortest-term strategy," said Agung.

Furthermore, in August 2024, the Independence Day of the Republic of Indonesia was held at IKN and this independence ceremony became a milestone for the Indonesian nation to start IKN as the new capital city of the country.

In August, OIKN will no longer conduct groundbreaking. However, the topping off of which IKN-built hotels are already operating.

"Finally, on October 20, 2024, we will be happy to welcome the transition of leadership from the President of the Republic of Indonesia Joko Widodo to the next president, namely the 8th President of the Republic of Indonesia, because this IKN is not the only dream of President Jokowi and IKN is the dream of the First President of the Republic of Indonesia, Ir Soekarno, which is realized by the execution ability of the 7th President of the Republic of Indonesia, namely Jokowi and then continued by the 8th President of the Republic of Indonesia for the future," he said.