In an exciting development, the Archipelago Authority (OIKN) has announced plans to hold a groundbreaking event for a hospital, shopping mall, and hotel in the archipelago's new capital (IKN) in East Kalimantan. The event is scheduled to take place next week.
Agung Wicaksono, OIKN's deputy for financing and investment, made the announcement in Jakarta on Wednesday. He explained that in the coming week, there will be groundbreaking events for hospitals, schools, electricity infrastructure using new and renewable energy, as well as the construction of shopping malls and hotels.
According to him, the groundbreaking of these projects could potentially involve 10 domestic investors with a total investment of trillions of rupiah. Agung emphasized that domestic investors tend to be more receptive to investing in IKN as they are already familiar with the environment.
While the focus next week will be on the economic groundbreaking, the Nusantara IKN Agency (OIKN) will also pay attention to projects that support environmental preservation. One such effort is the groundbreaking of an orangutan sanctuary island in the archipelago.
Global attention to orangutan conservation efforts during the IKN development phase has been a hot topic of discussion, and OIKN has responded with concrete actions. An OIKN official explained that the world often focuses on the plight of orangutans during the IKN development process. So they are responding by developing this sanctuary. Not only are they prioritizing community development, but they are also taking responsibility for orangutan conservation through the development of the sanctuary island.
He also added that Kelawasan Island, located in Pemaluan, North Penajam Paser Regency, East Kalimantan, will be a sanctuary island for orangutans.
Wicaksono also emphasized that the private sector would still be involved in the development of IKN Nusantara. Moreover, the government cannot hide the fact that cooperation with the private sector is key to the smooth running of the IKN development project.
In fact, the government entrusts about 80 percent of the total funds of Rp 466 trillion needed for the development of IKN to investments from the private sector. Meanwhile, IDR 20 trillion worth of investment has been raised from domestic investors so far.
The Indonesian government plans the development of IKN and the relocation of the capital city to move the economic center further toward the center of the country to spread development to the eastern part of Indonesia. The cooperation between the government, the private sector and the community is the main force in the development project of IKN.
Source: ANTARA News