President Jokowi Invites Brunei Darussalam Entrepreneurs to Invest in IKN

President Jokowi hopes that entrepreneurs from Brunei Darussalam can realize their interest in investing in IKN.

The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found in Presiden Jokowi Ajak Pengusaha Brunei Darussalam Investasi di IKN

RUSMAN - BIRO PERS SEKRETARIAT PRESIDEN

President Joko Widodo held a meeting with a number of Brunei Darussalam entrepreneurs (investor consortium) at Assarraa Guest House in Bandar Seri Begawan on Saturday evening, January 13, 2024. On that occasion, President Jokowi presented potential investments and the government's plans to develop the Nusantara Capital.

JAKARTA, KOMPAS — President Joko Widodo held a meeting with a number of entrepreneurs or consortiums of investors Brunei Darussalam in Bandar Seri Begawan. On this occasion, President Jokowi explained the investment potential and government plans for developing the capital city of the archipelago. The President emphasized that IKN will later become a new magnet on Kalimantan Island.

"I want to tell you about the Nusantara Capital. This is a strategic agenda for Indonesia and part of Indonesia Emas 2045 mission which has been approved by the parliament, with a law that has been approved by 93 percent of the votes," said President Jokowi, on Saturday (13/1/2024) evening."

According to President Jokowi, the Indonesian government will develop IKN as a smart forest city with 70% of the area being green spaces. In addition, 80% of transportation will be based on green energy and will be public transportation. "This is a commitment to continue preserving the island of Kalimantan, Borneo, as the world's lungs that provide real benefits to the community, and also to create a new economic magnet," he added.

President Jokowi said that the progress of IKN's core development has reached 70 percent and is targeted for completion in mid-2024. Apart from that, currently there has also been a lot of investment coming in and infrastructure development has begun, marked by the laying of the first stone or groundbreaking.

"There are 13 that have been groundbreaking, in the form of hospitals, there are 3 hospitals, there are 5 hotels, and there are 2 malls, there is a training center for football, there is also green transportation , and also includes the Nusantara Superblock in an integrated area with five-star hotels, entertainment venues and shopping centers," he said.

RUSMAN - BIRO PERS SEKRETARIAT PRESIDEN

President Joko Widodo held a meeting with a number of Brunei Darussalam entrepreneurs (investor consortium) at Assarraa Guest House in Bandar Seri Begawan on Saturday evening, January 13, 2024. On that occasion, President Jokowi presented potential investments and the government's plans to develop the Nusantara Capital.

The President also hopes that entrepreneurs from Brunei Darussalam can realize their interest in investing in IKN. The President said that the government had prepared a number of incentives for investors in IKN, in the form of super tax deductions, tax holidays and import duty exemptions.

After the meeting, a letter of Interest was handed over by the investor consortium, which was carried out by Putri Amal Rakiah to the Head of the IKN Authority Bambang Susantono. ”I hope that Your Highness's investment interest can be realized soon. Thank you," said President Jokowi.

Accompanying President Jokowi in the meeting were Foreign Affairs Minister Retno Marsudi, State-Owned Enterprises Minister Erick Thohir, Presidential Chief of Staff Moeldoko, Wantimpres member Gandi Sulistiyanto, Indonesian Ambassador to Brunei Darussalam Achmad Ubaedillah, and IKN Authority Chief Bambang Susantono.

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Previously, Minister of Transportation Budi Karya Sumadi also discussed transportation development in IKN when he met with Minister of Transportation of the People's Republic of China Li Xiaopeng, on Friday (12/1/2024), in Beijing, China. The meeting discussed opportunities to increase bilateral cooperation in the transportation sector.

Budi said the two countries were committed to continuing to increase cooperation in developing national transportation infrastructure. The presence of the Jakarta-Bandung Whoosh Fast Train is a form of commitment to bilateral cooperation with China. Regarding the construction of an autonomous train or automated rail transit (ART) in IKN, the Minister of Transportation said that he had conducted an exploration with the Chinese side through the China Railway Rolling Stock Corporation (CRRC).

RUSMAN - BIRO PERS SEKRETARIAT PRESIDEN

Apart from the planned agenda, President Joko Widodo blusukan in the capital of Brunei Darussalam on Saturday (13/1/2024) evening. President Jokowi visited The Mall Gadong in the city center of Bandar Seri Begawan on a weekly evening.

The Minister of Transportation expressed the Indonesian Government's desire to use one set of autonomous trains from CRRC for operations at IKN. "One set of trains consists of three carriages, can accommodate 307 passengers, has an operational speed of 40 km per hour, and a maximum speed of 70 km per hour," said Budi.

CRRC is reportedly bringing autonomous train units to Indonesia as a showcase for an exhibition to be held at IKN around July 2024. This will be a demonstration of the capabilities of autonomous trains.