IKN

Otodiva – Minister of Tourism and Creative Economy, Sandiaga Uno, has just expressed his deep gratitude regarding the entry of three foreign investors into the Indonesian capital (IKN). In his statement delivered at Soekarno-Hatta Airport, Banten, on 26 September 2024, he emphasized, "Thank God, three first foreign investments entered IKN. After trying for so long, Finally the egg broke too."

The three investors come from different countries, namely China, Russia, and Australia. They are committed to investing a total of IDR 1 trillion in development projects at IKN. Thus, This step is expected to provide a significant boost to Indonesia's sustainable economic growth.

Investment Projects and Development Plans

Investor asal China, represented by Delonix Group, has ambitious plans to build Delonix Nusantara. The project will include a variety of facilities, like property, hotel, shopping center, office, as well as sports venues. Through this project, expected IKN not only is it the center of government but also the center of diverse economic activities.

Next, Australian Independent School plans to build an international standard education area at IKN. The existence of this international school will improve the quality of education and attract more skilled workers to Indonesia. With the existence of quality educational institutions, The hope is to be able to prepare a competent young generation on the global stage.

Meanwhile, Russian company, Magnum Estate International, focuses on integrated regional development. This concept aims to create an environment that supports various activities, both for residential and business, thus creating synergy between existing sectors.

Investment Details and Future Expectations

Sandiaga Uno explained that the total foreign investment entering IKN currently reaches IDR 1 trillion with a development period of as long as 24 month or two years. In investment details, China allocated around IDR 500 billion, while Russia invested IDR 300 billion. “This investment is a very good first step to attract the interest of other investors,” he said optimistically.

Further, Sandiaga Uno hopes that the presence of these three investors will be able to trigger other investment interest in entering IKN. "Hopefully there can be more foreign investment coming into IKN to support the provision of jobs in Indonesia," he said. Therefore, It is also hoped that the creation of new jobs can contribute to improving people's living standards and strengthening the local economy.

Positive Impact on the Economy

It is believed that the presence of foreign investment in IKN will have a positive impact on the Indonesian economy. Apart from creating jobs, These projects are also expected to attract more private sectors to invest in IKN, which in turn will accelerate infrastructure development and improve people's quality of life.

Overall, The steps taken by these three foreign investors are a positive signal for the future of IKN. This is the first step that is expected to bring more opportunities and increase IKN's attractiveness in the eyes of global investors. With strong commitment from the government and support from the private sector, IKN has the potential to become the center of sustainable economic growth in Indonesia.

in the future, It is hoped that the government will continue to strive to create a conducive investment climate, so that IKN can develop in accordance with community expectations and needs. This step is important so that IKN does not just become a symbol of shifting the center of government, but it is also a driving force for the national economy which has a broad impact.

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