China Investment in IKN Grows with New Housing Projects

Indonesia’s new capital, Nusantara, continues to attract global interest. China investment in IKN is expanding, with fresh commitments targeting infrastructure and housing projects. The Nusantara Capital Authority (OIKN) confirmed that Anhui Province of China has shown strong interest in joining the development, marking another step in the city’s growth.

 

China Investment in IKN Expands

Deputy for Funding and Investment of OIKN, Sudiro Roi Santoso, stated that the investment discussions with Anhui Province took place earlier this week. He emphasized that the new capital is open to investors from around the world.

“At present, several investors from China have already invested in the hospitality sector. We welcome the interest from Anhui Province, especially in housing investments for communities across all income levels,” Sudiro said in an official statement on Thursday, August 21, 2025, as reported by Bisnis.com

So far, investment cooperation with China has reached IDR 70 trillion (approximately USD 4.6 billion). According to OIKN, most of the commitments are being carried out under the government–business entity cooperation scheme (KPBU), covering housing, transportation, and road development. A direct investment from PT Delonix Bravo Investment, worth IDR 500 billion (approximately USD 33 million), has already been realized in the housing sector.

 

Anhui Province Investment Pushes Growth

Anhui Province brings expertise in manufacturing, cement, and modern transport. The region also contributes to major projects, including the Jakarta–Bandung High-Speed Rail. Deputy Director-General of the Department of Housing and Urban-Rural Development of Anhui Province, Liu Xiaohua, expressed readiness to expand cooperation.

“At present, Anhui is home to many major entrepreneurs in manufacturing and other sectors. Through today’s investment exploration, we hope to gain deeper insights into IKN’s potential and bring in the right investors from Anhui to contribute to its development,” Liu said.

OIKN views Anhui’s involvement as a strategic partnership. By combining Indonesia’s vision with Anhui’s industrial strengths, both sides aim to accelerate IKN’s transformation into a modern capital city.

 

Read More: Chinese Investment in Indonesia Surges After US Tariffs

 

IKN Infrastructure Projects Underway

Large-scale infrastructure and housing projects are already in motion. Two major consortia, China Harbour Engineering Company-IJM (CHEC–IJM) and China State Construction Engineering (CSCEC–CREC), are preparing multi-trillion rupiah projects under the KPBU scheme. The CHEC–IJM consortium is handling a project valued at IDR 27.1 trillion (USD 1.78 billion), while CSCEC–CREC is developing a project worth IDR 27.9 trillion (USD 1.83 billion). Both projects are currently in the feasibility study stage and will undergo further evaluation before reaching the final bidding process.

Housing remains a key focus. The IJM–CHEC consortium is working on a project to build 20 apartment towers for civil servants in the WP 1B area, valued at an estimated IDR 13.4 trillion (USD 870 million). These projects highlight the scale of investment flowing into Nusantara’s development and underline the importance of global partnerships in shaping its future.

 

Building a Future City in Nusantara

OIKN emphasizes that IKN is more than just a capital relocation project. It represents Indonesia’s vision of creating a sovereign, green, and resilient city designed for future generations. International collaborations, such as the one with Anhui Province, strengthen Nusantara’s role as a hub for global cooperation.

OIKN highlighted this broader mission. “This collaboration is not merely about investment but is part of Indonesia’s greater mission to build a sovereign, green, and resilient future city, while reinforcing Nusantara’s role as an essential hub in the architecture of global civilization,” the authority noted.

By aligning sustainability goals with strategic foreign investment, IKN positions itself as a modern city that blends local ambition with international expertise.

 

Read More: Prabowo Vows IKN Indonesia’s New Capital City Complete by 2028

 

Foreign Investment in IKN Strengthens Growth

China’s growing involvement in IKN demonstrates Indonesia’s success in attracting foreign capital to its flagship development. Anhui Province’s participation offers long-term benefits by bringing in experienced investors and strengthening bilateral ties.

With housing and infrastructure at the center of these investments, Nusantara is steadily advancing toward its goal of becoming a “Global City for All.” As international cooperation deepens, IKN continues to stand out as a symbol of Indonesia’s determination to build a future-ready capital.

 

Source: ekonomi.bisnis.com, ekonomi.okezone.com

Image: Documentation of PUPR via Instagram @kemenpupr

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