Jokowi Leads Groundbreaking of Chinese-Backed Delonix Nusantara Project in Nusantara Capital

 

Foto : Instagram(@jokowi)

On Wednesday, September 25, President Joko Widodo, commonly known as Jokowi, presided over the groundbreaking ceremony for the Delonix Nusantara project in Nusantara, Indonesia’s upcoming capital located in East Kalimantan. The project, funded by Chinese investor Delonix Bravo Investment, marks a significant step in the development of the new capital and reinforces the growing interest of foreign investors in Indonesia's ambitious plans.

This event followed several other key groundbreaking ceremonies, highlighting international confidence in Nusantara. Earlier that morning, Jokowi officiated the start of an Australian-backed educational investment, followed by a Russian-funded property initiative. Now, the focus shifted to Delonix Nusantara, a large-scale mixed-use property development financed by a Chinese investment firm.

In his speech, President Jokowi emphasized that these foreign investments signal the global business community's trust in Indonesia’s future capital. He explained that Delonix Bravo Investment, through its Delonix Group, plans to inject approximately Rp500 billion into the project. This major investment will cover the development of a 24,000 square meter plot of land, transforming it into a bustling hub that includes a hotel, serviced apartments, office spaces, a shopping center, as well as sports and fitness facilities.

 

A Growing Appeal for Investors

Jokowi proudly noted the international interest in Nusantara, which he believes reflects the city's potential as a prime investment destination. "This influx of investment not only strengthens our economy but also signals that Nusantara is seen as a promising location for global investors," he remarked.

The Delonix Nusantara project, with its diverse offerings, is designed to cater to a wide range of residents and businesses in the capital. The hotel and serviced apartments will provide accommodations for both long-term residents and visitors, while the shopping center, offices, and fitness facilities will support the local economy and lifestyle needs. This balanced combination of commercial, residential, and recreational spaces is expected to attract more stakeholders to Nusantara, making it a key part of the new city’s growth.

The President’s remarks also touched upon the broader implications of this development for Indonesia’s future capital. “As we continue to develop Nusantara, the Delonix project will serve as a beacon for other investors,” he stated, expressing his optimism that the project will help set the tone for additional foreign investment in the region.

 

Seizing Investment Opportunities in Nusantara

In a moment of practical advice for potential investors, Jokowi hinted that the timing of investments could be crucial. He urged them to take advantage of current land prices, which remain relatively low, before they inevitably soar in the near future. “Land prices might still be affordable this year, but things could change rapidly. Next year, the value could double, triple, or even increase tenfold. Now is the time to act if you’re planning to invest,” he warned.

This advice, aimed at both domestic and foreign investors, underscores the dynamic economic landscape surrounding the development of Nusantara. As the government continues to push forward with its plans for the new capital, the opportunity to capitalize on relatively low land prices will likely diminish quickly.

 

Delonix Nusantara: A Vision of Future Growth

Jokowi expressed his firm belief that the Delonix Nusantara project will become an integral part of Nusantara's progress. As Indonesia's future capital takes shape, projects like this are expected to drive both economic growth and the physical development of the city.

“With the ongoing development in Nusantara, I am confident that Delonix Nusantara will grow rapidly and play a key role in the transformation of the new capital,” Jokowi said. He further emphasized that the project will serve as a model for similar investments in the future, encouraging more international players to take part in the development of Nusantara.

The mixed-use property that Delonix Nusantara will offer is just one of many projects aimed at creating a vibrant and modern capital city. The combination of residential, commercial, and recreational spaces in one development will help create a thriving community within Nusantara. With such projects, Nusantara is poised to become not only a political and administrative hub but also an attractive location for businesses and residents alike.

 

A Strategic Vision for Indonesia's Future

The launch of the Delonix Nusantara project is part of a larger vision for Nusantara, which is set to replace Jakarta as Indonesia's capital by 2024. This relocation aims to alleviate the burdens faced by Jakarta, including severe congestion, pollution, and sinking land, while shifting the focus to a more sustainable and strategically positioned city in East Kalimantan.

The development of Nusantara is not just a national project but a global one, as reflected in the participation of international investors from Australia, Russia, and China. Jokowi has repeatedly stated that Nusantara will be a symbol of Indonesia's future—one that is greener, smarter, and more integrated into the global economy.

In his closing remarks, the President invited more investors to join in Nusantara’s development. "We are building a city for the future. I invite all investors, both local and international, to seize the opportunity and contribute to this monumental project," he said, reinforcing his vision for Nusantara as a magnet for global investment.

As the construction of Delonix Nusantara begins, there is widespread anticipation for how this project will set the pace for further developments. Investors, developers, and the government are all keeping a close eye on the next stages of the new capital's evolution, with hopes that the early groundwork laid by projects like Delonix Nusantara will accelerate Nusantara's journey to becoming a world-class city.

The groundbreaking of Delonix Nusantara represents not only the start of a significant real estate project but also a key milestone in the broader development of Nusantara, Indonesia’s future capital. With an investment of Rp500 billion from a Chinese company, this mixed-use development highlights the growing international interest in Nusantara as an attractive location for investment.

President Jokowi’s leadership in securing foreign investments from countries like China, Australia, and Russia reflects Indonesia’s strategic vision for its new capital. The Delonix Nusantara project, with its mix of residential, commercial, and recreational spaces, is a sign of things to come for Nusantara—a city poised to become a modern, sustainable, and globally competitive capital.

As Jokowi continues to encourage investors to take action now, before land prices skyrocket, it’s clear that the early phases of Nusantara’s development are critical. The successful completion of projects like Delonix Nusantara will be crucial in shaping the future of Indonesia's new capital and realizing the ambitious vision of a forward-thinking metropolis.