The Indonesian government, through the Capital City National Authority (IKN), aims to attract infrastructure investments totaling IDR 45.5 trillion (USD 3.2 billion) by the end of 2023. Bambang Susantono, Head of Otorita IKN, stated that this target aligns with the progress and development of ongoing construction projects, marked by the laying of the first and second-phase foundation stones, officially witnessed by President Joko Widodo. As of mid-September 2022, the investments reached IDR 23 trillion, and during the second-phase inauguration in early November, an additional IDR 12.5 trillion was secured. Consequently, the total investment reached IDR 35.5 trillion. The upcoming third-phase foundation stone laying, scheduled for December 13-15, aims to attract around IDR 10 trillion in investment. Capital City National Authority (IKN) spokesperson, Troy Pantauw, emphasized that IKN's development extends beyond physical infrastructure and urban planning, emphasizing the importance of human resource development. Initiatives include community empowerment programs, such as SME training, coffee processing workshops, cooking and sewing classes, and hydroponic farming. Additionally, digital literacy training, including programs like Coding Mom, podcasts, and Solar Mom workshops, is ongoing.
Pantauw expressed the hope that Indonesia's youth will actively support IKN's development by monitoring progress through official social media channels, participating in initiatives, and collaborating with IKN. He highlighted the continuous opportunities available for the younger generation. Responding to President Jokowi's earlier statement about the absence of foreign investors in IKN, Agung Wicaksono, Deputy for Funding and Investment at Capital City National Authority (IKN), emphasized their prioritization of domestic investors due to the high level of interest. He explained that domestic investors are swift in their evaluations, particularly regarding risk and return assessments, making them a crucial priority. The proactive engagement of domestic investors, their efficient evaluation processes, and the ongoing commitment to prioritizing sectors of interest contribute to Capital City National Authority (IKN)'s strategy for attracting investments and driving the ambitious development plans in the region.
