IKN Authority Signs New Cooperation Agreement, Investment Value Reaches Rp1.2 Trillion
NUSANTARA — Investment flows into the Nusantara Capital (IKN) continue to surge. The IKN Authority signed Cooperation Agreements (PKS) with two pioneering business actors, with a total investment value reaching Rp1.2 trillion.
The signing took place at the IKN Authority Office on Thursday (30/4/2026), led directly by the Head of the IKN Authority, Basuki Hadimuljono.
The two companies investing are PT Dian Jaya Indonesia and PT Biru Makmur Abadi.
PT Dian Jaya Indonesia, a subsidiary of South Korea’s Dian Development Co., Ltd, will develop an apartment and hotel project in the KIPP Sub WP 1B area, specifically in the Education Precinct with a high-density mixed sub-zone.
The project is planned to begin construction in the fourth quarter of 2026 on a plot of approximately 33,201 square metres, with an investment value of Rp1.15 trillion.
Meanwhile, PT Biru Makmur Abadi will build a sports centre facility and restaurant in the KIPP 1C area, located near the Taruna Nusantara High School complex and Gunadarma University.
Construction of the project is scheduled to start in the fourth quarter of 2026 on a 16,387 square metre plot, with an investment value of around Rp50 billion.
Overall, the PKS signing records an estimated total investment of Rp1.2 trillion, with contributions to be paid amounting to more than Rp3.92 billion.
Head of the IKN Authority, Basuki Hadimuljono, stated that the presence of this new investment will strengthen the ecosystem in the IKN area as a new, lively, and productive city.
“The presence of these apartment, hotel, sports centre, and restaurant projects not only adds to the variety of urban facilities in IKN but also strengthens the area ecosystem to be increasingly ready as a lively, productive, and inclusive city,” said Basuki.
Deputy Director of PT Dian Jaya Indonesia, Cheong Seung Hwa, expressed optimism about the future development prospects of IKN.
According to him, the modern smart city concept promoted by the government is the main attraction for foreign investors.
“We are interested in investing in IKN because this area is designed as a modern smart city with regulatory certainty, fiscal incentives, and significant potential for property and business value growth in the future,” he explained.
The same sentiment was expressed by Director of PT Biru Makmur Abadi, Abdul Rohman, who views IKN as a strategic long-term investment opportunity.
“We see IKN as a strategic long-term investment opportunity. The smart and green city concept promoted by the government is very relevant to global trends,” he said.
The cooperation signing is said to be evidence of increasing investor confidence in IKN as a new economic growth centre in Indonesia.
Previously, the IKN Authority also signed several PKS agreements with pure private investors in Jakarta on 27 April 2026. One of them was with PT Kusuma Putra Alam for the development of an integrated commercial area that includes a mall, apartments, offices, and supermarket.