Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Jokowi Claims Many Foreign Investors Sign LOI for IKN Yet Prioritizes Domestic Ones

20 November 2023 12:51 WIB

TEMPO.CO, JakartaPresident Joko Widodo or Jokowi expressed his optimism that many foreign investors are interested in the state capital of Nusantara or IKN project as evidenced by the pile of letters of intent (LOI) although there is no investment realization yet.

“With the big pile of LOIs received, it’s impossible that there will be no realization. I think there will be many [investments], but we are prioritizing domestic investors,” he said in a press statement after sending off the second shipment of humanitarian aid for Palestine today, Nov. 20, at Jakarta Halim Perdanakusuma Air Force Base.

He claimed that the government has thus far collected at least 300 investment commitments from foreign investors for the mega project. “I think the number will continue to grow,” he added.

In a press statement after attending the Asia Pacific Economic Forum or APEC CEO Summit in San Francisco, United States on Thursday, November 16, he admitted that the government has not yet secured any foreign investment for the project in East Kalimantan. However, he is optimistic that once domestic investors make a move, foreign ones will follow.

Meanwhile, Ronny P. Sasmita, a senior analyst at the Indonesian Strategic and Economic Action Institution, assessed that IKN is not yet viable in the eyes of foreign investors. According to him, they see investment opportunities differently from domestic investors because they do not have clientelism or political-economic ties with the authorities.

“They are clearer in assessing and projecting investment opportunities in IKN,” Ronny told Tempo on Saturday, November 18.

He opined that the absence of foreign investors for the government’s ambitious project should be a source of introspection to rethink the issue of developing IKN, which is not feasible and appropriate from various angles, both geographical, equity for the entire population, and geopolitical strategic.

“We have not heard of a comprehensive academic study on this IKN until now. [The government] suddenly executed it right after Jokowi was inaugurated for the second term,” Ronny added.

Recent reports have also suggested that the IKN project in East Kalimantan could be Jokowi’s dark legacy that would weigh heavily on whoever is elected as the next president in the upcoming 2024 elections. Time Magazine also raised the issue in its article titled ‘Indonesia’s President Joko Widodo Once Symbolized Democratic Hope—His Plan for a New Capital Represents a Darker Legacy’.

DANIEL A. FAJRI

Editor's Choice: Four U.S. Tech Companies, IKN Authority Collaborate in Nusantara Capital City Development

Click here to get the latest news updates from Tempo on Google News



Jokowi Gathers Financial Committee to Discuss Weakening Rupiah Today

3 jam lalu

Jokowi Gathers Financial Committee to Discuss Weakening Rupiah Today

Jokowi gathered members of the Financial System Stability Committee (KSSK) to the Presidential Palace on Thursday afternoon.


Father of Missing Activist in 1998 Protests Sues Jokowi for Making Prabowo Honorary General

9 jam lalu

Father of Missing Activist in 1998 Protests Sues Jokowi for Making Prabowo Honorary General

Missing activist parent filed lawsuit against President Jokowi for honoring Prabowo Subianto with the title of four-star honorary Army General.


Jokowi Gathers Ministers to Discuss Kratom Plants That Contain Narcotics

14 jam lalu

Jokowi Gathers Ministers to Discuss Kratom Plants That Contain Narcotics

President Joko Widodo or Jokowi gathered cabinet ministers at the Presidential Palace in Jakarta on Thursday, June 20 to discuss Kratom plants.


Jokowi Denies Plan of Online Gambling Social Assistance

1 hari lalu

Jokowi Denies Plan of Online Gambling Social Assistance

President Jokowi stresses that the government will not hand out social assistance to online gambling players.


Jakarta Scraps Tax Exemption for Property Below Rp2bn Due to Capital Relocation: Observer

1 hari lalu

Jakarta Scraps Tax Exemption for Property Below Rp2bn Due to Capital Relocation: Observer

Public policy observer Trubus Rahadiansah commented on the latest policy of the Jakarta Government on the urban and rural land and building tax (PBB).


Prabowo-Gibran Govt's Debt Burden Estimated at Rp1,300tn per Year: IDEAS

1 hari lalu

Prabowo-Gibran Govt's Debt Burden Estimated at Rp1,300tn per Year: IDEAS

The incoming Prabowo-Gibran administration is expected to face a serious debt burden, according to an economist from IDEAS.


IKN Toll Road Ready for Indonesia's 79th Independence Day Ceremony, Says PUPR Minister

2 hari lalu

IKN Toll Road Ready for Indonesia's 79th Independence Day Ceremony, Says PUPR Minister

Joko Widodo said the ceremony for Indonesia's 79th Independence Day will be held both in IKN and Jakarta.


Political Cartel in Jakarta Election

2 hari lalu

Political Cartel in Jakarta Election

President Jokowi is plotting for his youngest son to run for the deputy governor of Jakarta. This is a repeat of the presidential election.


Government Ministers Requests for Additional Budget for 2025

3 hari lalu

Government Ministers Requests for Additional Budget for 2025

Several Ministries have requested for a larger budget in relation to the move to the new capital city Nusantara (IKN)


President Jokowi Returns to Hometown Ahead of Eid al-Adha

4 hari lalu

President Jokowi Returns to Hometown Ahead of Eid al-Adha

President Joko Widodo (Jokowi) traveled to his hometown Solo in Central Java province ahead of the 2024 Eid al-Adha celebration.