Twenty private companies from Singapore have shown interest to invest in the development of Nusantara Capital City (IKN), East Kalimantan as contained in the Letter of Intent signed between President Joko Widodo and Singapore Prime Minister Lee Hsien Loon in the Leaders’ Retreat on 16 March 2023. In... [read more]

PT Garudafood Putra Putri Jaya Tbk (GOOD) plans to expand into the property sector this year. This plan includes leasing of warehouse in Lampung and office space in Jakarta. The expansion plan will require an investment value of Rp3.5 billion for buildings renovation from the company’s funding. [read more]

PT Bersatu Sukses Group collaborates with PT Neticiti Persada to develop a residential cluster with the concept of smart digital, the same as in Taman  Anggun Sejahtera 5 and 6 residential clusters. Houses in the Taman Anggun Sejahtera 5 and 6 adopt the concept of minimalism and are offered starting... [read more]

PT Ciputra Development Tbk. (CTRA) is preparing to invest in the New Capital City in East Kalimantan. The director of CTRA Harun Hajadi stated that currently the company is reviewing the investment incentives regulations as well as selecting the suitable development in Nusantara New Capital and that... [read more]

The construction of the Tanah Abang station will be accelerated by the Directorate General of Railways (DJKA) of the Ministry of Transportation (Kemenhub) in collaboration with PT Kereta Api Indonesia (Persero) and the DKI Jakarta Provincial Government (Pemprov). The first phase of construction is e... [read more]