Data from the Ministry of Investment/BKPM shows that the investment realization in the period from October 2019 until June 2024 increased to Rp 5,931.3 trillion and it is estimated to reach Rp 6,350 trillion by the end of September 2024 with the annual investment growth of 18%. Furthermore, this rea... [read more]

PT Metropolitan Land Tbk (Metland) estimates its recurring income may reach 30% of the total revenue in 2024. In 2023, Metland obtained Rp 1.70 trillion in recurring income from the real estate sector as the main contributor at Rp 1.22 trillion or 72% of the total revenue. The remaining came from th... [read more]

Agung Sedayu Group is optimistic that the Nusantara International Convention Exhibition (NICE) project located in Pantai Indah Kapuk dua (PIK2) with the investment value starting from Rp 4 trillion will start its operation in September 2025. The project resides on a total land area of 40 hectares an... [read more]

The government, through the National Council for Special Economic Zones (KEK), has approved the proposal to establish six new KEKs with the total targeted investment value reaching Rp 1,069.8 trillion to boost investment, domestic economic growth and opening new job creations. Currently, the Governm... [read more]

President Joko Widodo stated that the construction of Nusantara Capital Toll Road in East Kalimantan might be completed by the end of this year or by the middle of next year at the latest. With this toll road, the travel time from Nusantara Capital City (IKN) from Nusantara Airport will only take ap... [read more]