IKN Development Has Not Been Completed, The Government Has Prepared Incentives For Young People Who Want To Work Or Open Businesses There

IKN development location. (Photo: Doc. Antara)

JAKARTA - Good news for the younger generation who want to work or open a business in the new National Capital City (IKN). There are various incentives prepared by the government.

As written in Appendix II of Law Number 3 of 2022 concerning IKN regarding the IKN Master Plan.

"Fiscal and non-fiscal incentives can be provided to increase investment attractiveness and superior talent, among others related to taxation, relocation support, livable city facilities and infrastructure," according to the Appendix quoted by Antara, Monday, February 21.

Other incentives that will be provided also include access to affordable land and housing, ease of licensing, ease of procurement of goods and services, ease of export and import, support for market creation for new products produced by new economic clusters, and so on.

Meanwhile, various Government and Business Entity Cooperation Schemes (PPP) will be provided to help reduce risk from high capital expenditure investments for several flagship projects that will be developed.

These various incentives are also expected to support the IKN area as a city and superhub economic center that is competitive and has a high attraction for superior talent, especially from the younger generation, to come, settle and work or open a business in the IKN area and drive the development of clusters. economic clusters in the IKN Region and East Kalimantan Province in a sustainable manner.