The Nusantara Authority has signed agreements on land utilization permits and asset allocations with four private investors and a state university, paving the way for IDR1.2 trillion (US$73 million) in investments for public facilities in Indonesia’s new capital, Nusantara, East Kalimantan. The agreements, signed on Monday, involve Surabaya State University and four construction companies: Balikpapan Ready Mix Nusantara, Berkah Bersinar Abadi Brantas Abipraya, and Puri Persada Lampung. These entities will develop mixed-use buildings, office spaces, hotels, and a university campus in Nusantara as part of the city’s ongoing infrastructure expansion. Nusantara Authority Head Basuki Hadimuljono said the agreements provide legal certainty for the projects and solidify investors' commitments to begin construction in 2025.Source: https://jakartaglobe.id/business/nusantara-secures-rp-12-trillion-investment-for-public-facilities  (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 25 February 2025