Antara News are reporting that Head of the The Nusantara National Capital (IKN) Authority, Bambang Susantono has said to the House of Representative (DPR) in Jakarta that a number of collaborations have been established between private investors and his party and that there will be two groundbreaking events in the new capital by the end of this year by private investors.
“The sectors include hotels, hospitals, and malls. Those who are ready for the infrastructure development will start the groundbreaking soon. There is also a launching for groundbreaking in the next two months,” adding that “we have also established collaboration with Stanford University from the United States, and also with the state-owned oil company, Pertamina. There will be several ideas that we will report in the future.”
According to Susantono, a groundbreaking event for private companies will be held at IKN Nusantara this September, the exact date depending on President Jokowi’s schedule.
The IKN Authority Body (OIKN), through Bina Karya, an authority-owned enterprise, has signed cooperation agreements with a number of Indonesian private companies that are planning to participate in Nusantara’s development. Private companies that have already reached the agreement phase have committed to developing facilities ranging from hospitals, hotels, schools, offices, and also shopping malls, say Antara News.
IKN Nusantara is being built to achieve Indonesia’s target of becoming a developed country, in accordance with the Indonesian Vision 2045.
Built with a national identity, IKN will seek to change the development orientation to Indonesia-centric rather than Java-centric and accelerate Indonesia’s economic transformation, say Antara News.
Source: Antara News
Photo by Ümit Yıldırım on Unsplash
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