As of April 2025, investment in IKN (Ibu Kota Nusantara), Indonesia’s new capital has reached IDR 62.08 trillion (approximately USD 3.9 billion), with contributions from 48 companies. This figure continues to grow as six new private companies have officially committed to investing in Indonesia’s future capital city. These companies span a variety of sectors, adding momentum to IKN’s development and long-term economic vision.
IKN Development Projects Continue to Attract Investors
The IKN Authority continues to roll out large-scale infrastructure projects to enhance accessibility and investor confidence. Head of the IKN Authority, Basuki Hadimuljono, stated, as reported by Kontan.co.id, “This May, we’re waiting for the announcement of the tenders, and God willing, if there are no objections, we can sign the contracts to build roads and facilities that can serve the investors. After that, we’ll start new tenders for legislative and judicial buildings.”
These IKN development projects are vital in attracting serious investment, particularly in the Central Government Core Area (KIPP). Improved infrastructure will ensure that commercial and public spaces are well-connected, facilitating business operations and long-term growth.
Read More: IKN Investment Guarantee Boosts Foreign Investor Confidence
Breakdown of New Private Sector Investment
The newly announced private sector investment amounts to IDR 3.65 trillion (approximately USD 229 million). Six companies from diverse industries have signed official cooperation agreements to develop key facilities and services within IKN:
- PT Solusi Harapan Nusantara will build a culinary center on approximately 1,800 square meters of land.
- PT Makmur Berkah Hotel (MBH), part of PT Makmur Berkah Amanda Tbk, plans to develop a five-star hotel under the Marriott International brand on 2.04 hectares.
- PT Australia Independent School (AIS) Nusantara will construct a school for 750 students, offering the International Baccalaureate curriculum on a 7,900-square-meter plot, with a total building area of 10,000 square meters.
- PT Maxi Nusantara Raya, a prominent East Kalimantan retailer, will open a modern supermarket with a food and beverage area on 0.21 hectares.
- PT Kreasibeton Nusapersada will develop a mixed-use site, including apartments, private offices, and a supermarket, on 9,342 square meters.
- PT Daya Mulia Turangga will build office and commercial zones on 2.88 hectares.
Highlights from Key Sectors Driving Growth
Several projects stand out for their scale and potential impact. In hospitality, PT MBH will introduce a Marriott-affiliated five-star hotel, adding premium accommodations to IKN’s landscape. In education, AIS brings over 28 years of experience running international schools in Jakarta and Bali, ensuring a world-class learning environment for future residents.
Retail development also plays a major role. PT Maxi Nusantara Raya will contribute by launching a new supermarket complete with a modern food court, enhancing everyday convenience and lifestyle for IKN’s future population.
Read More: What AIIB’s 1 Billion USD Investment in IKN Means for Indonesia
Commitment from the IKN Authority
The IKN Authority emphasizes its commitment to accelerating investment realization. “You used to meet me as a Minister, but now you meet me as a marketing officer. So whatever you need, our team will serve you. We are not selling land; we want investments to come here,” said Basuki.
Deputy for Funding and Investment, Agung Wicaksono, reinforced this proactive approach. “In line with the Head of IKN Authority’s role as a ‘marketer’, this is now realized through investors signing cooperation agreements. This makes the land in IKN even more attractive to investors,” he explained, as cited by Konstruksimedia.com.
Business Opportunities in IKN Expanding Rapidly
These developments signal a bright future for business opportunities in IKN. The combination of government support, strategic planning, and diverse private sector involvement is laying a strong foundation for sustainable economic growth. As Agung concluded, “The IKN Authority is optimistic that this cooperation will make a significant contribution to sustainable development in Nusantara and open many opportunities for the public and businesses.”
Source: industry.kontan.co.id, konstruksimedia.com
Images: Otorita IKN
