U.S.-based consortium lays out Indonesia's new capital in 6 trillion rupiahs

The construction of Indonesia's new capital, Nusantara (IKN), continues to attract global investment, with a consortium led by U.S. firms announcing that it will develop 20 affordable housing towers in IKN through a government-corporate partnership model, KPBU, with a total investment of Rp 6 trillion.The consortium, which includes U.S. companies such as PJ-IC International and Bee-Invest and joins forces with strategic partners from Brunei, Turkey, and Spain, aims to provide housing for civil servants, military personnel, and the general public in support of IKN's vision of an inclusive and livable city. In addition South Korea's Samsung C&T and a consortium led by Indonesia's PT Brantas Abipraya are synchronizing the construction of 21 towers with an investment of 6.3 trillion rupiah. Together, the two projects have 41 towers with a total investment of 12.3 trillion rupiah, making it one of the largest KPBU projects in IKN and pushing the total amount of similar projects in the region to exceed 144.3 trillion rupiah.Officials from the IKN Authority pointed out that the participation of the U.S. consortium reflects global confidence in IKN, and that the construction of housing is not only for public officials, but for the general public as well, highlighting that IKN is a "smart, inclusive, sustainable and intelligent city" and that it is a "smart, sustainable city". The construction of housing not only serves public officials but also the general public, emphasizing IKN's positioning as an "inclusive and sustainable smart city".