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EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

Translator

Najla Nur Fauziyah

Editor

Nabiha Zain

3 May 2024 13:16 WIB

TEMPO.CO, Jakarta Deputy Head for Financing and Investment at the Nusantara Capital City (IKN) Authority Agung Wicaksono claims that investment opportunities in IKN are attracting European attention. Agung said the European Business Chamber of Commerce for Indonesia (EuroCham) and the European Union Ambassador to Indonesia and Brunei Darussalam visited IKN on Thursday, May 2, 2024.

The visit aims to explore investment potential and the progress of IKN development. C-Level representatives from 30 private companies from European Union countries came along on the visit.

"The arrival of company representatives is also a form of ‘investment opportunity visitation’ at IKN," said Agung on Thursday, quoted from the IKN Authority press release.

Several issues were discussed during the visit, including IKN's readiness to become a smart and sustainable capital city. Other frequent inquiries asked by the delegates concerned the health and fitness sector in IKN.

Agung said there had been several investments in the health sector, such as Mayapada Hospital, Hermina Hospital, Kemenkes Hospital, and Abdi Waluyo Hospital. "Later, we will also launch public fitness facilities. All of Nusantara (IKN) will become a friendly city for fitness enthusiasts," he said.

The European Union Ambassador to Indonesia and Brunei Darussalam, Denis Chaibi, hopes his side can synergize positive aspects with IKN. Denis claims that one of the best aspects of Europe is its livable, green, and sustainable city development, which he said was suitable with “IKN’s vision to become a livable and lovable city”. 

HSBC President Director and Chair of EuroCham, Francois de Maricourt, said that seeing IKN development directly was the most appropriate form of review and cooperation. "The principle of ‘Seeing is Believing’ is proven in IKN," said de Maricourt.

It is estimated that the overall development of IKN will cost Rp466 trillion, with 19 to 20 percent being funded by the State Budget (APBN). This year, the government is targeting non-APBN investments worth Rp100 trillion. The IKN Authority is optimistic about reaching this target. 

The government, said Investment Minister Bahlil Lahadalia on April 29, will prioritize domestic investors in cluster 1 of IKN development. Meanwhile, foreign investment will be placed in cluster 2. 

According to Bahlil, foreign investment will be taken for high-tech projects, such as the development of transportation in IKN. "We will encourage foreign companies with the technology, capabilities, and experience (to invest in IKN)," he said.

RIRI RAHAYU

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