The development of Indonesia's new capital city, Nusantara (IKN), continues to attract global investment. A consortium led by US companies has announced plans to develop 20 affordable housing towers in IKN through the government-business cooperation scheme KPBU, with a total investment of IDR 6 trillion. The consortium includes US companies such as PJ-IC International and Bee-Invest, and partners with strategic collaborators from Brunei, Turkey, and Spain. The aim is to provide housing for civil servants, military personnel, and the general public, supporting IKN's vision of an inclusive and livable city. Additionally, a consortium led by South Korea's Samsung C&T and Indonesia's PT Brantas Abipraya is simultaneously advancing the construction of 21 towers with an investment of IDR 6.3 trillion. Together, the two projects comprise 41 towers with a total investment of IDR 12.3 trillion, making them one of the largest KPBU projects in IKN and pushing the total value of similar projects in the region beyond IDR 144.3 trillion. An IKN Authority official noted that the participation of the US consortium reflects global confidence in IKN, while the housing development serves not only public officials but also the general public, embodying IKN's positioning as an 'inclusive, sustainable smart city.'
The development of Indonesia's new capital city, Nusantara (IKN), continues to attract global investment. A consortium led by US companies has announced plans to develop 20 affordable housing towers in IKN through the government-business cooperation scheme KPBU, with a total investment of IDR 6 trillion. The consortium includes US companies such as PJ-IC International and Bee-Invest, and partners with strategic collaborators from Brunei, Turkey, and Spain. The aim is to provide housing for civil servants, military personnel, and the general public, supporting IKN's vision of an inclusive and livable city. Additionally, a consortium led by South Korea's Samsung C&T and Indonesia's PT Brantas Abipraya is simultaneously advancing the construction of 21 towers with an investment of IDR 6.3 trillion. Together, the two projects comprise 41 towers with a total investment of IDR 12.3 trillion, making them one of the largest KPBU projects in IKN and pushing the total value of similar projects in the region beyond IDR 144.3 trillion. An IKN Authority official noted that the participation of the US consortium reflects global confidence in IKN, while the housing development serves not only public officials but also the general public, embodying IKN's positioning as an 'inclusive, sustainable smart city.'