JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani revealed that the capital city of the archipelago or IKN ecosystem in East Kalimantan has begun to be formed.

"So the ecosystem (IKN) has begun to form, and we have this belief that it will continue. We are very happy because foreign investors have started to enter in the last two weeks," said Rosan as quoted by ANTARA, Monday, September 30.

The Ministry of Investment continues to work proactively in attracting investments that have a sustainable and sustainable impact on entering IKN.

"We must be proactive with them and we must be open and also in terms of regulations and land supply. We believe that the ecosystem has now been formed. Thank God, in the future we will choose which has a sustainable and sustainable impact," said Rosan.

For information, the Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani said that there were an additional five foreign companies investing in IKN with a total fund of 165 million US dollars or IDR 2.51 trillion ( today's exchange rate of IDR 15,190).

One of them, a Singaporean company, Sembcorp Utilities PTe Ltd, which invested US$65 million (Rp987.35 billion) to build a 50 megawatt solar panel (MW).

Not only in the energy sector, he stated that the company engaged in the Singapore education sector, Raffles Education Limited, is also interested in investing in IKN.

Rosan said that the entry of foreign investment into IKN shows that private and BUMN investors can work together and do not need to compete with each other.

With the huge potential for economic development in Indonesia, Rosan assessed, this requires a lot of investment, thus requiring the role of SOEs and the private sector to make it happen.


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