HomeAsia493 land plots in Nusantara ready for investors: President

493 land plots in Nusantara ready for investors: President

Jakarta, Indonesia (ANTARA) – President Joko Widodo (Jokowi) informed on Friday that 493 land plots in the new capital city (IKN) Nusantara have been prepared to be offered to private investors.

He conveyed this after receiving a report from the acting head of Nusantara Capital Authority (OIKN), Basuki Hadimuljono, and the acting deputy head of OIKN, Raja Juli Antoni.

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“There are 493 plots of 2–3 hectares that have been prepared, which we will launch so that investment can come in again,” Widodo announced at the inauguration of Nusantara Swissotel in Nusantara, East Kalimantan, on Friday, which was followed on the Presidential Secretariat’s YouTube channel.

He said that the land plots could later be used to build hotels and offices, or to conduct trade activities. The plots are planned to be offered next week, he added.

Earlier, on August 21, 2024, Hadimuljono said that seven investors will participate in the Phase 8 project groundbreakings in Nusantara in September.

He informed that the groundbreakings would be held for educational and hotel projects, among others.

According to the OIKN, a total of 45 investors participated in the Phase 1 to 6 project groundbreakings. Meanwhile, the Phase 7 groundbreaking on August 12 involved four domestic investors — BCA, Swiss-Belhotel, Royal Golden Eagle, and Intiland.


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