Jakarta, warta9.com – As the construction of the new State Capital (NSC) begins in Penajam Paser Utara (PPU) Regency, East Kalimantan, it seems that “not yet going smoothly”. The reason is that the prospective Japanese investor suddenly withdrew from the NSC funding project.
Reporting from Bloomberg, on Saturday (12/3/2022), the news of Softbank’s withdrawal from funding the NSC/IKN project, was revealed by the Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan, on Wednesday, March 9, 2022. “There are no more stories about Masayoshi. already out (of IKN funding),” said Luhut.
However, Luhut did not explain the reason for Softbank canceling the investment funding in the NSC.
Meanwhile, a spokesperson for Softbank Group confirmed that it had canceled its plan to invest in the IKN Nusantara development project in Indonesia. However, Softbank will continue to invest in Indonesia through companies in the Vision Fund portfolio. (**)
