Central Java Government and IKN Authority Explore Collaboration and Investment

“Jepara is a region already known for its furniture products. I am looking at the potential for furniture collaboration opportunities at IKN from Central Java,” said Luthfi in a written statement on Friday (7/8/2026).

Luthfi made the remarks during a visit with several regents from his region to the Nusantara Capital City (IKN) Authority on Thursday (6/8/2026). The visit aimed to explore various collaboration and investment opportunities.

Ahmad Luthfi and his delegation were warmly received by IKN Authority Head Basuki Hadimuljono and his staff. Accompanying Ahmad Luthfi on the visit were officials from Central Java provincial agencies and regional-owned enterprises (BUMD), as well as Tegal Regent Ischak Maulana Rohman, Brebes Regent Paramitha Widya Kusuma, and Purbalingga Deputy Regent Dimas Prasetyahani.

Beyond that potential, Ahmad Luthfi also explored collaboration opportunities with relevant agencies, BUMDs such as banking institutions, and even universities in Central Java, given that development planning at IKN still leaves room for collaboration.

“In essence, Central Java Province wants to be present at IKN as well,” he said.

During the meeting, the IKN Authority presented the progress of IKN development, including the funding schemes underpinning the acceleration of construction.

Currently, IKN development is supported through three financing schemes: the State Budget (APBN), Public-Private Partnership (KPBU), private investment, and grants. To date, private investment realisation entering IKN has reached Rp 74.54 trillion from 67 investors, while the value of projects under the KPBU scheme has reached Rp 134.25 trillion.

Meanwhile, IKN Authority Head Basuki Hadimuljono said that the IKN Authority continues to open space for collaboration with various regions in Indonesia, including the Central Java Provincial Government. According to him, inter-regional synergy is an important factor in strengthening the IKN development ecosystem as an inclusive and sustainable political capital.

Basuki also explained that cooperation opportunities are not limited to investment but can also encompass various strategic sectors supporting the development of the IKN area, ranging from the supply of goods and services, human resource development, to the creative economy and tourism sectors.

“We always serve incoming investors. If Central Java becomes a partner of the IKN Authority, there will be fiscal incentives,” Basuki concluded.