As of December 2023, the Indonesian government has received 64 Letters of Intent (LOI) for investment in the goods and services sector for the development of Nusantara. Furthermore, there were 52 LOIs in the energy sector. LOI is a document outlining the preliminary agreement between two or more parties before a legal agreement is finalized.
The Indonesian government is currently developing the Capital City of Nusantara (Ibu Kota Nusantara/IKN), which is located in East Kalimantan, to replace Jakarta as its national capital. The development of Nusantara has started at the end of 2022 and is aimed to be fully completed by 2045. The government estimated that Nusantara would be ready to be occupied and inaugurated in 2024.
Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector
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Katadata. (December 13, 2023). Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/
Katadata. "Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector." Chart. December 13, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/
Katadata. (2023). Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/
Katadata. "Number of Letters of Intent (Loi) for Investment in The Development of The New Capital City of Nusantara in Indonesia as of December 2023, by Sector." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/
Katadata, Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector Statista, https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/ (last visited December 21, 2024)
Number of Letters of Intent (LOI) for investment in the development of the new Capital City of Nusantara in Indonesia as of December 2023, by sector [Graph], Katadata, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1453162/indonesia-letters-of-intent-for-nusantara-investment-by-sector/
