Russian Investors Keen to Develop Nusantara as a Smart City

According to reporting from Antara News, Deputy for Green and Digital Transformation for the Nusantara Capital Authority (OIKN), Mohammaed Ali Berawi said in Jakarta on Thursday (30/11/23,) that Russian investors expressed their keenness to participate in developing (IKN) Nusantara as a smart city through the transportation and urban planning aspects.

“Nusantara is an inclusive city, so we can guarantee that everyone from all scales of business are welcome to invest in the city,” he said, explaining that the government is developing Nusantara by applying the smart city concept that involves smart governance, modern lifestyle, as well as renewable energy and natural resources, among others.

Meanwhile, OIKN’s Deputy for Financing and Investment, Agung Wicaksono, noted that the authority has been offering opportunities to business players to invest and cooperate in IKN while noting that investors in IKN can be granted the Right of Exploitation (HGU) for up to 95-years, say Antara News.

“We want to demonstrate that we are envisioning IKN not merely as the seat of government but also as a major economic engine,” Wicaksono pointed out.

Antara News say that the OIKN made the statements after receiving a visit from representatives of the Russian government, financial institution, and technology companies. The visit serves as a starting point for the authority to draw Russia to invest in the development of IKN.

Deputy Head of the Department for External Economic and International Relations of Russia, Vyacheslav Manuylov, stated that the Russian government and private actors had the potential to take part in developing Nusantara as a smart and sustainable forest city.

A representative of Moscow City Business Ombudsman Tatiana Mineewa, on her part, revealed that plenty of business actors from Moscow had been seeking to expand their businesses to Southeast Asia, adding that IKN is among the most promising projects to them, say Antara News.

The OIKN warmly welcomed the Russian delegation’s visit and expected the Russian visitors to submit letters of intent to translate the visit into concrete cooperation.

Meanwhile, the Russian delegation invited Indonesia to send delegates to Moscow to promote its future capital city and connect deeper with local business communities, say Antara News.

Source: Antara News

Stock image by IGORN from Pixabay

Latest Article
President Instates New Minister of Agrarian Affairs and Spatial Planning
According to reporting from local news wires, including Tempo and Antara News, President Jokowi instated...
President Inaugurates Makassar New Port
President Jokowi officially inaugurated the Makassar New Port, the largest port serving the eastern region...
BI Maintains Benchmark Interest Rate at 6-Percent
According to reporting from Jakarta Globe, Bank Indonesia (BI,) during its Board of Governors Meeting...
VinFast Plans to Build EV Factory
According to reporting from Antara News and Tempo, Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita,...
SpaceX Falcon 9 Launches Telkom's Red and White 2 Satellite
State-owned telecommunication company Telkom Indonesia, with its subsidiary Telkomsat, launched the Red...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.