Investors Eyeing Government Assets in Jakarta

By Editorial Team 18/02/2020
Jakarta landscape
Topic

Private investors began to glance at several government assets in Jakarta that would be abandoned as the capital moved to East Kalimantan. The Finance Ministry's Director of State Property Encep Sudarwan said some investors are already targeting government land and building assets in strategic areas, such as Thamrin, Sudirman, and Gatot Subroto. There are even investors who have expressed interest in using the House of Representatives (DPR) and the Education and Culture Ministry building complexes in Senayan.

The government plans to offer these assets by using the government-to-business cooperation (KPBU) scheme. Based on the data of state property from the Supreme Audit Agency (BPK), the value of land and building assets owned by the central government in Jakarta reached Rp 1,123 trillion or around US$ 82 trillion. The government plans to use these assets to get funding for the construction of the new capital.

 

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