JAKARTA - The Nusantara Capital Authority (IKN) said that national and international investment continues to work together to build IKN, which is located in the North Penajam Paser Regency and Kutai Kartanegara Regency, East Kalimantan.
"National and international business actors continue to be involved in carrying out development at IKN," said IKN Authority Spokesperson Troy Pantouw, in Sepaku, North Penajam Paser, Tuesday.
"The development of IKN never stops," he said, along with the life of the urban ecosystem. The presence of investment is visible in various sectors, ranging from housing, infrastructure, energy, accommodation, sports centers, to commercial facilities.
Until now, there have been 75 investment cooperation agreements, with 11 cooperation agreements from foreign investors with eight companies, including from South Korea, China, the United Arab Emirates, Russia, Malaysia and Singapore, and 64 cooperation agreements from domestic business actors.
The estimated value of investment in the new capital of Indonesia is currently recorded from pure private investment of around IDR 60.29 trillion, as well as public facilities and assignments to ministries/institutions ranging from IDR 12.10 trillion.
"It is recorded that the sustainability of the IKN development is supported by investor confidence through investment values that have reached Rp. 72.39 trillion," he explained.
The incoming investment signals that investors are beginning to read IKN as a future market, the investment is a bridge from development to sustainable urban life.
"Basic infrastructure, housing, energy, public services and economic activities are beginning to take shape, which means the city is starting to come to life," he said.
Economic activities have begun to grow in the new capital of Indonesia, including food, beverage businesses, and businesses that support other community needs, both for workers and visitors who are active in the IKN area.
The entry of investment was emphasized by Troy Pantouw, showing confidence in IKN continues to run as Indonesia's future by building an ecosystem of life, services, housing and various economic activities for the community.
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