IKN Authority: IKN to receive Rp132t of investments

Nusantara Capital City (IKN) Authority Head Basuki Hadimuljono revealed on Apr. 23, 2025, that there would be Rp132 trillion of investments heading to IKN. He explained that the massive investments will be realized through public-private partnership (PPPs).

Basuki further divulged that said investments include both domestic companies and foreign businesses. Some of the foreign companies which would be involved encompass IJM Corporation Berhad from Malaysia and China Harbour Engineering Co., Ltd. (CHEC).

"In its implementation, some [will invest] alone while others will form consortiums," he elaborated.

Basuki stated the investments will finance the development of roads, multi-utility tunnels (MUTs), and housing in the form of apartments and landed houses.

Previously, IKN Authority Funding and Investment Deputy Agung Wicaksono explained that business entities involved in IKN investment with the PPP scheme will be given a concession period of 10 to 12 years. He explained that the concession period is based on the loan that will be used by the investing businesses.

Meanwhile, the return scheme will use two schemes, namely a user charge that will be imposed on beneficiaries of loan facilities and support from the government in the form of availability payments.

"[Meanwhile], the return on investment can be based on two schemes, [namely] user charge and availability payment," said Agung on Feb. 24, 2025.