lensapostkaltim.com,- Singapore – Nusantara National Capital Authority (NNCA) signs Non Disclosure Agreement (NDA) with State Power Investment Cooperation (SPIC) and JOE Green Pte Ltd at Ecosperity Week, Marina Bay Sands Expo and Convention Hall, Singapore, on Thursday (8/62023). The signing shows that investment projects at Nusantara are strongly progressing.
These NDA signing is an evidence that Nusantara is making progress with international investors especially from Singapore. The sustainability of Singapore as a garden city will play an impact for Nusantara as a smart sustainable forest city.
Agung Wicaksono, Deputy Chairman of Funding and Investment signs the NDA with Steven Yeo, Advisor of State Power Investment Corporation, and with Boediman Widjaja, Managing Director of JOE Green Pte Ltd. The two-company who work on renewable energy and waste management, are align with the NNCA’s top priority sector. Nusantara aims to build up to 7,16 gigawatt from renewable energy power plant to accommodate 1,9 billion population in 2045. The NDA will be followed up by data exchange to formulate the feasibility study as well as economics and market aspect of the investment.
NNCA commits to welcome all investors through Public Private Partnership, direct investment scheme along with tax and non-tax incentives, including land right up to 95 years. “NNCA have more than 300 investment packages with the total value 2,6 Billion USD consist of six top priority and twelve high priority sectors,” Agung Wicaksono said.
“SPIC believes that Nusantara is a great investment opportunity and we look forward to collaborate together,” Steven Yeo said after the signing NDA. Furthermore, Boediman Widjaja also said that “JOE Green is committed to support the sustainability through recycling material, and Nusantara with all of the incentives is a perfect place to invest.”
Ambassador of the Republic of Indonesia to Singapore, H.E. Suryo Pratomo, who witnessed the NDA signing welcomed the NDA signing which shows SPIC and Joe Green’s strong commitment to materialize their investments in the Nusantara development. The two companies are among those that show great support to IKN since the beginning. Not only offering their Letter of Intent, they even participated in the ‘Singapore Business Mission to Nusantara’ organized by the Embassy of Indonesia on 31 May 2023 to see directly Nusantara’s progress. The Ambassador looks forward to more NDA’s signing on Nusantara projects between NNCA and Singapore’s investors in the near future.
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