Authority Says There Is Potential For Investment To Enter IKN Of IDR 80.4 Trillion

Acting Deputy Head of the IKN Authority Raja Juli Antoni. (Photo: ANTARA)

The Capital Authority of the Archipelago (OIKN) noted that the interest of private investors to enter IKN is quite high.

In total there are 61 interest in investment through letter of intent (LoI) with a value of IDR 80.4 trillion which is currently under discussion.

This was conveyed by the Acting Deputy Chief of OIKN Raja Juli Antoni.

The 61 LoIs consist of investment interests of local and foreign private companies.

"There are still 61 (LoI) in the process. This is a total of around Rp. 80.4 trillion," said Raja Juli, quoted on Tuesday, September 10.

Raja Juli mengatakan, jumlah tersebut terdiri dari investasi langsung sebesar Rp49,3 triliun, kemudian ada yang berupa Public Private Partnership (PPP) atau Kerjasama Pemerintah Dengan Badan Usaha (KPBU) sebesar Rp30,9 triliun.

"Including foreign (investors) around Rp. 21.4 trillion," he said.

He added that to date, seven times the laying of the first stone or groundbreaking of private investors in IKN has been carried out. A total of 31 investors have started their project work with a value of Rp56.83 trillion.

"So, of the 31 that have been groundbreaking, the total is Rp56.83 trillion," he said.

In addition, this September, the 8th phase of the groundbreaking will be held at IKN.

It is estimated that the number has reached 6-8 investors, including two foreign investors. The investors came from China and Australia.

"There are two foreign investors who will groundbreaking. First, Delonix, this is a company from China that will build malls, hotels and apartments," he said.

Meanwhile, other investors from the Australian Independent School will build schools at IKN.

The investment value to be disbursed reaches IDR 150 billion.

Thus, the accumulated number of foreign investments that will enter this September to IKN will reach IDR 650 billion.

"So, there are two foreign (investors) who want to groundbreaking. There are two delonixes of Rp. 500 billion, the other is the Australian Independent School, which is around Rp. 150 billion," explained Raja Juli.

Even so, Raja Juli has not been able to confirm how many private investors will groundbreaking at IKN this month.

It is estimated that the number has reached 6-8 investors, including the two foreign investors.

Meanwhile, when asked about the certainty of the groundbreaking date, Raja Juli could not confirm it.

According to him, the groundbreaking will be carried out when President Joko Widodo (Jokowi) starts based at IKN.

"Not yet, it is being matched with the president (schedule). Yes, approximately after the President (Jokowi) will be there. God willing, Thursday morning he will depart," he said.