Local news wires, including Jakarta Globe, are reporting that President Jokowi laid the foundation stone for the first-ever hotel in the future national capital, Nusantara, in East Kalimantan on Thursday (21/09/23.)
This landmark hotel, named “Hotel Nusantara”, is being developed by a consortium of prominent Indonesian business magnates, spearheaded by Sugianto Kusuma, also known as Aguan, who is the owner of the renowned property company Agung Sedayu Group.
In his opening remarks, President Jokowi expressed his gratitude to Aguan and his associates for their presence and for instilling investor confidence in Nusantara, saying “this project serves as a catalyst that will attract many other investors to Nusantara. I am confident about that.” The construction of Hotel Nusantara is estimated to require an investment of IDR 20-trillion (approx. USD 1.3-billion) say Jakarta Globe.
The president also said that additional private sector projects will soon commence, focusing on the construction of hospitals, retail centers, educational institutions, and other essential facilities. These developments will complement the ongoing construction of fundamental infrastructure, including roads, an airport, utilities, and public buildings, undertaken by the government.
The government aims to officially relocate the national capital from Jakarta to Nusantara during the Independence Day celebration next August.
Source: Jakarta Globe
Image: Antara News
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