IKN( WNAM MONITORING): President Joko Widodo (Jokowi) has reiterated that the Indonesian government would pay special attention to domestic players keen on investing in Nusantara Capital City (IKN), East Kalimantan, considering their huge numbers.
He made the statement after inaugurating the Ceremonial Plaza in the National Axis area, IKN, on Wednesday in response to a question regarding the inflow of foreign direct investment into the future capital city.
On the occasion, Jokowi also highlighted that the IKN Authority (OIKN) had received 472 investment letters of intent.
“They (investors) are queuing (up). It should be noted that we apply a selection process, meaning not just anyone can invest here,” he said.
The president noted that after the celebration of Indonesia’s Independence Day on August 17, the government would continue to carry out groundbreaking ceremonies for various construction projects in the city.
Earlier, during the first plenary cabinet meeting at IKN on Monday (August 12), he revealed that the total value of investments flowing into Indonesia’s future seat of government had hit Rp56.2 trillion (US$3.4 billion).
According to the head of state, as many as 55 investors had conducted a project groundbreaking in the city involving various sectors, such as health, retail and logistics, energy, transportation, office, banking, housing and green space, as well as media and technology.
Meanwhile, Investment Minister Bahlil Lahadalia announced that four foreign companies are planning to invest in Nusantara, mentioning Japan and South Korea as their countries of origin.
When asked about investments from Dubai, the United Arab Emirates, the minister said he had to check the data first to provide clear information.
Lahadalia also stated that the government is still focusing IKN’s development on the property and public facilities sectors.
