The Head of the Nusantara Capital City Authority (OIKN) Basuki Hadimuljono, announced that the 9th groundbreaking ceremony in Nusantara Capital City (IKN) is planned for January 2025. The investment value of this groundbreaking reaches Rp6.5 trillion from domestic and international companies. There are at least 4 to 5 companies to realize their investment commitments and based on sector, there will be a hotel, a school, a restaurant and an office area.