Investors Keep Coming to Nusantara, but Not Their Money

By Editorial Team 25/05/2023
business man holds a money bag
Summary

The Investment Ministry/Investment Coordinating Board (BKPM) revealed that around 220 investors were interested in developing Nusantara capital city (IKN).

Most of them are eyeing infrastructure, trade, and service sectors. BKPM deputy for investment climate development Yuliot specified that many had submitted letters of interest (LoI).

"The investment interests submitted for IKN were around 220. Earlier, we receive additional 24 letters from Japan. Of course, this is based on our data from investment details. We are also facilitating investors interested in investing in IKN," he said at Ciputra Artpreneur in Jakarta on Tuesday.

Yuliot detailed that these potential investors are interested in 13 sectors. The infrastructure sector has attracted the most potential investors with 35 companies, followed by trade and service (32 companies), renewables or EBT (23 companies), telecommunications and information (23 companies), housing (17 companies), education (16 companies), consulting (16 potential investors), shopping center (16 companies), waste management (11 companies), healthcare facility (7 companies), as well as office building, transportation, and industrial areas with four potential investors, each.

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