JAKARTA - Head of the Archipelago Capital Authority (IKN) Bambang Susantono revealed that his party has prepared three completenesses to make IKN a habitable city. The completeness is in the form of a draft government regulation, a business entity owned by the authority and socialization of investment opportunities. "There are three things that we have prepared in order for us to build IKN, the capital city of Nusantara which is not only habitable but also loving, worthy of being loved and we want that in 2024 a comprehensive ecosystem will be formed and also make the city a livable city," said Bambang at the office of the president of Jakarta, Antara, Tuesday, October 4. The first is to complete a draft government regulation for incentives for business actors who will try at IKN. "So there are some incentives, fiscal and non-fiscal that we did design together with the investment ministry and BKPM (Investment Coordinating Board), along with a team between departments from (Ministry) Finance from Bappenas and from other ministries to make investors later invest, invest their businesses, conduct ventures at IKN Nusantara," said Bambang. Of course, according to Bambang, the investment will be useful for all parties, both the government, the community who live in IKN and the business actors themselves. Second, the Authority Agency is also preparing a business entity owned by the authority. "So yesterday when conducting socialization about investment opportunities together with KADIN, we received a lot of input, one of which was how the agility or 'agility' of the IKN authority can be realized if we have a business entity owned by the authority which will later handle the aspects of entrepreneurship," added Bambang. This means that the company's affairs in the IKN will later be handled by a business entity owned by a authority that will partner or make agreements or structure or "financial engineering" together with investors and business actors. "With the hope that this can create a very good and sustainable business climate. So the'sustainability' of the investment will also be well considered in the future," said Bambang. The third completeness is the socialization of investment opportunities carried out with KADIN. "So we at the IKN Authority will also together with KADIN will carry out market polls,'market sounding' which will be led directly by the President," added Bambang. It is planned that the market exploration will take place in mid-October 2022 by inviting potential investors. "We will hold a dialogue forum that many parties think is awaited to find out how far we will have prepared for what we have to build, what we must strive for the business climate, the investment climate, and the most important thing is that we prepare the city itself," explained Bambang. The ultimate goal, according to Bambang, is for IKN to become a "green", "smart", inclusive, "resilience" and sustainable city. IKN itself covers an area of about 256,142 hectares of land and an area of sea waters covering an area of about 68,189 hectares located in North Penajam Paser and Kutai Kartanegara districts in East Kalimantan province. In the IKN Main Plan, it is stated that the IKN development will occur in 5 stages, namely in phase I in 2022-2024 for urban development, basic infrastructure development, and economic development as well as the relocation of the TNI, Polri and BIN; phase II in 2024-2029 with the target primary and secondary public transportation facilities ready to be used. Phase III is 2030-2034 with a target of completing the mass public transportation system, wastewater treatment installation (IPAL), drinking water treatment plant (IPAM), housing facilities for sponge cities, waste processing, adding digital and urban amenities. Phase IV in 2035-2039 begins with the development of education and health as well as the completion of regional rail construction and multipurpose dams as well as phase 5 in 2040-2045 which is marked by the development of sustainable industries and stable population growth.

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