Chinese FDI Worth Rp1.25 Trillion in Nusantara Begins Construction
NUSANTARA – Chinese foreign investment company (PMA) PT Star Bright International Investment officially began construction of an integrated complex worth Rp1.25 trillion at Sub WP 1B of the Nusantara Capital’s Core Government Centre (KIPP) on Wednesday (15/07/2026), marking an important milestone in investment realisation at Ibu Kota Nusantara (IKN).
The project is the first construction to be realised by a foreign PMA company at IKN and is targeted for completion by the end of 2026.
PT Star Bright International Investment operates in investment, property development and international-scale project management. For its IKN project, the company is partnering with Zhongda Jiancheng Engineering Management Group Co., Ltd., a company from Sichuan, China, with more than two decades of experience in managing construction projects.
Head of the IKN Authority, Basuki Hadimuljono, said the project site holds strategic value as it sits at the heart of Nusantara’s government district.
“This location is very special. From here we can see the State Palace as well as the judicial and legislative districts currently under construction. We will complete the entire area by 2028,” Basuki said.
The project, built on 15,501 square metres of land, will deliver an integrated complex comprising apartments, restaurants, retail areas and offices. The residences offer one- to three-bedroom units with family rooms, supported by facilities including a swimming pool, fitness centre, commercial areas and green open spaces. The entire complex is designed around a sustainable development concept aligned with IKN’s development principles.
President Director of PT Star Bright International Investment, Lu Keming, expressed optimism about Nusantara’s future as a new city with significant prospects.
“I have experience watching cities being built from empty beginnings. I am confident IKN will become a beautiful city because it is being built from scratch. The team from China is also interested in investing in the hospitality and tourism sectors,” Lu Keming said.
Beyond bringing in foreign investment, the project also involves contractors from East Kalimantan as part of a commitment to empower local businesses and drive regional economic growth.
The event was also attended by PT Dian Jaya Indonesia, a South Korean foreign investment company set to develop apartment and hotel projects in the WP KIPP Sub WP 1B area. The presence of investors who have entered the investment realisation stage demonstrates growing confidence among the international business community in IKN’s development.
The event was attended by a number of prospective investors and business delegations from China representing various companies and organisations, including Wan Tong Group, China Minsheng Bank, Jiangsu Qi He Technology, Jiangsu Shu Jun Technology, Beijing Jin Jia Tong Neng Environmental Technology Group, Shanghai San Ding Technology, the Hainan Chamber of Commerce, Indonesia’s Chinese Bridge Training School, Xing Yao International Investment, and Liu Dian Group.
Their presence reflects strong international investor interest in Nusantara’s investment opportunities and reinforces IKN’s position as an investment destination increasingly trusted by the global business community.