Nusantara Consortium Chief Remains Optimistic Despite Nusantara Leadership Changes
Jakarta. Sugianto Kusuma, also known as Aguan, the head of the Nusantara Consortium, has addressed the recent shifts in leadership within the Nusantara Capital City Authority (OIKN) following the resignations of Bambang Susantono and Dhony Rahajoe from their respective positions.
Despite Bambang Susantono's resignation, Aguan remains confident that projects within the Nusantara Capital City (IKN) will continue smoothly. He sees the appointment of the Public Works and Public Housing Minister (PUPR), Basuki Hadimuljono, as the interim head of OIKN as a positive development.
"I am confident that we can move forward faster, decisions can be made quickly. All investors also believe that he is the right replacement," Aguan remarked on Wednesday.
Aguan, the owner of the renowned property company Agung Sedayu Group, highlighted Basuki's presence as reassuring for investors in Nusantara, facilitating the acceleration of projects such as the Astra Biz Center and Nusantara Botanical Garden.
Moreover, Aguan disclosed that the construction progress of Nusantara Hotel has reached 90 percent, with an expected completion date in July. The project requires an estimated investment of Rp 20 trillion ($1.3 billion).
The Nusantara Consortium, comprising 12 companies, actively contributes to the development of Nusantara. Ongoing projects encompass mixed-use buildings, hotels, shopping centers, offices, and more.
Notable conglomerates within the Nusantara Consortium include Prajogo Pangestu (Barito Group), Franky Wijadja (Sinar Mas), Boy Thohir (Adaro), Eka Tjandra (Mulia Group), Kuncoro Wibowo (Ace Hardware), Djoko Susanto (Alfamart), and Pui Sudarto (Pulau Intan Group).
Indonesia is currently racing against time to build Nusantara as President Joko Widodo plans to start working from the nation's new capital this July. He also aims to celebrate Indonesia’s Independence Day on August 17 in the yet-to-be-built capital.
Basuki Hadimuljono assured that Nusantara's development would proceed as planned, with progress reaching 80 percent.
Tags: Keywords:Related Articles
Constitutional Court Confirms Jakarta Still Indonesia's Capital, Not Nusantara
Indonesia’s Constitutional Court ruled Jakarta remains the nation’s capital until a presidential decree transfers it to Nusantara.
Prabowo Holds Closed-Door Talks With Tycoons on Jobs and National Development
Prabowo met leading tycoons in Bogor, urging job-creating investment and closer government-business collaboration to boost growth.
4,000 Civil Servants to Relocate to Nusantara This Year: Vice President
According to Gibran, construction progress remains in line with the government’s timeline, following site inspections by him.
VP Gibran: Nusantara Is Not a Ghost Town, Development on Track
Vice President Gibran Rakabuming Raka said Nusantara is not a ghost town and that development of Indonesia’s future capital is on track.
VP Gibran Pushes Faster Civil Servant Relocation to New Capital Nusantara
Indonesia’s government is moving to speed up the transfer of civil servants to Nusantara as preparations for the new capital gather pace.
Prabowo Visits Nusantara as Indonesia Pushes Ahead With Capital Relocation
President Prabowo visits Nusantara to review construction progress, underscoring Indonesia’s push to shift its political center from Jakarta
Population in Indonesia’s New Capital Reaches Almost 150,000
Nearly 150,000 people now live in Indonesia’s future capital, Nusantara, according to data from the BPS.
Indonesia Future Capital Kicks Off Construction of Legislative, Judicial Districts in Nusantara
Indonesia’s future capital moves into a new phase as construction begins on its legislative and judicial districts.The Latest
Palm Oil Association Warns Against Disruptions From New Single-Gate Export Policy
"This is not a trivial industry -- it is an extraordinary industry. It must be managed and protected properly,” Eddy said.
Indonesia Aims to Speed Up EU Trade Pact Ratification, OECD Seat
Indonesia's OECD membership bid is currently in a technical review phase.
Peabo Bryson, Known for Duets from 'Beauty and the Beast,' Dies at 75
His duet with Roberta Flack, “Tonight, I Celebrate My Love,” became one of the defining love songs of the 1980s.
Prabowo Replaces National Nutrition Agency Chief in Surprise Leadership Shake-Up
President Prabowo replaced the leadership of Indonesia’s National Nutrition Agency in a surprise shake-up of a key flagship program.
Indonesia’s Trade Surplus Falls to Six-Year Low as Oil Imports Surge
A sharp increase in crude oil and fuel imports pushed Indonesia’s April trade surplus to its lowest level in six years.Most Popular
