Jokowi Reveals IKN Investment Potential to Brunei Investors

Desain Garuda untuk Istana Negara di Ibu Kota Negara Baru.
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  • Tangkapan kamera @suharsomonoarfa.

Brunei Darussalam – The Indonesian President Joko Widodo (Jokowi) conveyed the investment opportunities in the development of IKN Nusantara to several of businesspeople who are members of the consortium of investors in Brunei Darussalam.

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"This (Nusantara) is Indonesia's strategic agenda and is part of the 2045 Golden Indonesia mission, which the parliament has approved; the law has been created and was approved with 93 percent of votes," the President said in statement on Sunday. 

At the meeting with the businesspeople held at Assarraa Guest House, Bandar Seri Begawan, on Saturday, President Jokowi stated that Nusantara is being developed as a forest city with smart technology support.

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Rancangan kawasan dan bangunan gedung di IKN Nusantara.

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  • Dok. PUPR

The Head of State said that 70 percent of the new capital's area is designated as green areas, and 80 percent of transportation is green-energy-based public transportation.

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"This is a commitment to continuing to maintain the island of Kalimantan - Borneo - as the lung of the world, which provides real benefits for the community as well as creating a new magnet for the economy," the President remarked. 

According to him, the progress of the core development has reached 70 percent and is targeted to be completed by mid-2024.

In addition, many investments have been received and construction projects have been started, marked by groundbreaking events, he added.

"There are 13 that have carried out groundbreaking work; there are three hospitals, five hotels, and two malls; there is a training center for football; there is also green transportation; and it also includes the Nusantara Superblock in an integrated area with a five-star hotel, entertainment venue, and shopping center," he explained, as reported from Antara site. 

Moreover, President Jokowi expressed hope that Brunei businesspeople would invest in IKN Nusantara. 

He stated that the government had prepared several incentives for investors in IKN in the form of super tax deductions, tax holidays, and import duty exemptions.

After the meeting, the consortium of investors submitted a Letter of Interest, which was carried out by Putri Amal Rakiah to the Head of the Nusantara Capital Authority (OIKN), Bambang Susantono.

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