Indonesian Political, Business & Finance News

Central Java Governor Sees IKN Firsthand, His Comment Is Unexpected

| Source: CNBC Translated from Indonesian | Infrastructure
Central Java Governor Sees IKN Firsthand, His Comment Is Unexpected
Image: CNBC

The Nusantara Capital City (IKN) Authority received a visit from Central Java Governor Ahmad Luthfi along with regents and deputy regents from across Central Java to discuss potential collaboration and investment opportunities in IKN. The audience, which took place on Thursday (06/08/2026) at the IKN Authority Office, was an initial step in exploring cooperation between the IKN Authority and the Central Java Provincial Government in supporting the development of Nusantara.

During the meeting, the IKN Authority presented the progress of IKN development, including the funding schemes that form the basis for accelerating development. Currently, IKN development is supported through three financing schemes: the State Revenue and Expenditure Budget (APBN), Government Cooperation with Business Entities (KPBU), private investment, and grants.

To date, estimated private investment entering IKN has reached Rp74.54 trillion from 67 investors, while the value of projects through the KPBU scheme has reached Rp134.22 trillion.

Head of the IKN Authority 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.

“We always serve incoming investors. If Central Java becomes a partner of the IKN Authority, there will be fiscal incentives,” said Basuki, quoted on Sunday (23/8/2026).

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

Basuki also invited Ahmad Luthfi to tour and see firsthand the progress of IKN development, including planting a tree.

Meanwhile, Central Java Governor Ahmad Luthfi welcomed the collaboration opportunity. He emphasised that development in Central Java has been carried out through a collaborative approach involving all stakeholders, so that spirit is also expected to be realised in cooperation with the IKN Authority.

“We are building Central Java collaboratively by embracing all stakeholders, including the media, the business world, and various elements of society,” said Ahmad Luthfi.

Ahmad Luthfi also offered Basuki skilled workers from Central Java who are ready to be assigned to support the progress of IKN.

“The purpose of our arrival here is first, I miss Mr Basuki. Second, we want to clarify that sustainability related to national development is something we need to know because I am the Marketing Manager of Central Java. Perhaps the Nusantara Capital City still needs our workers to be developed here, Sir. These people are ready not only for abroad, not only for regencies, but for the authority as well. We are still selling for Central Java Province,” he said.

Standing at the Nusantara Axis, Ahmad Luthfi admitted he was proud of IKN.

“IKN is our shared pride and I am proud today to be at the future axis of Nusantara. Fighters,” he shouted.

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