Jakarta (ANTARA) - The Nusantara Capital Authority (OIKN) along with the Public Works and Public Housing Ministry accompanied a Japanese business association on a visit to observe the new capital city development in Nusantara, East Kalimantan, on April 1.

"This is a positive signal because it is a response from the market study conducted by the Indonesian government to Japan at the end of February," Deputy of Financing and Investment for OIKN Agung Wicaksono noted in a written statement issued by OIKN Secretariat.

The Building Center of Japan Senior Advisor, Japan Bank for International Cooperation (JBIC) and former Special Advisor to Prime Minister, Hiroto Izumi, along with Japan's Ambassador to Indonesia Kenji Kanasugi, led a delegation from the Japan International Association for the Industry of Building and Housing (JIBH), a Japanese business association in the construction and housing industry, to directly observe the progress in development and potential investment opportunities in the Nusantara Capital (IKN).

During the visit, the Japanese delegation had the opportunity to observe the progress in development of IKN.

They were taken to observe the progress in the construction of the Sepaku Semoi Dam, the Nusantara Zero Point, the Presidential Palace, and the Housing for Construction Workers, the OIKN Secretariat noted in a statement.

"As often stated by the Head of OIKN Bambang Susantono, seeing is believing. By observing the progress of development directly, Japanese investor delegations can see that development is continuing," Deputy Wicaksono stated.

"So, there is trust because building investor trust is most important," he emphasized.

Furthermore, Deputy Wicaksono highlighted that Hiroto Izumi had penned down the words "great job" on the testimonial page.

According to Wicaksono, this is an important testament to building market trust. Hence, he is optimistic that the Japanese business association's visit will be followed up.

At a dinner event held beforehand, Advisor of Japan’s Prime Minister, Hiroto Izumi, expressed hope that the development of IKN Nusantara would become a mega-project for Japanese investment after the MRT and Patimban Port projects.

Chairman of the Implementation Task Force for IKN Infrastructure Development from the Ministry of Public Works and Housing Danis Sumadilaga, Director General of Cipta Karya from the Ministry Diana, Deputy of Financing and Investment for OIKN Kusumastuti, and Deputy of Development Control for OIKN Thomas Umbu Pati Tena Bolodadi accompanied the delegation during the visit.

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Reporter: Yuni Arisandy Sinaga
Editor: Anton Santoso
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