Jakarta (ANTARA) - Minister of Investment/Head of the Investment Coordinating Board Bahlil Lahadalia has stated that his ministry will find solutions for the problems faced by investors in the development project for the state capital city (IKN) Nusantara.

He made this statement during a working visit to IKN with the Domestic Investment (PMDN) Consortium led by the founder of the Agung Sedayu Group, Sugianto Kusuma, and Deputy Head of the IKN Authority Dhony Rahajoe in East Kalimantan on August 11.

Lahadalia said that he would investigate issues related to the design of the IKN Central Government Core Area (KIPP), which has not yet been completed but is needed by investors.

He emphasized that the infrastructure needed by investors, such as electricity, water, and telecommunication facilities, must be completed immediately.

Domestic investors have made significant contributions to the IKN project, so they must be supported by the government, he said.

"I express my appreciation for the private sector. The Ministry of Investment and the IKN Authority will take care of regulations and make them easier for investors," he stated.

Meanwhile, Sugianto Kusuma expressed his appreciation to the government for its responsiveness in addressing the problems faced by investors.

He hoped that the availability of materials close to the project location would accelerate project development more effectively and efficiently.

"I hope that logistical issues will be followed up immediately. Business permits are already easy," he remarked.

Lahadalia's working visit is a follow-up to his collaboration with the PMDN Consortium in July. The consortium's investment value for the IKN Nusantara project is predicted to reach Rp40 trillion (approximately US$2.6 billion).

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Translator: Ade Irma J, Resinta S
Editor: Anton Santoso
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