Jokowi Seduces British and Japanese Investments in IKN


President Joko Widodo (Jokowi) persuaded Britain and Japan to invest or invest in the capital city of the archipelago (IKN).

Jokowi conveyed this suggestion during a bilateral meeting with British Prime Minister Rishi Sunak and Japanese Prime Minister Fumio Kishida at the Grand Prince Hotel, Hiroshima, today Saturday (20/5), separately.

In his meeting with Sunak, Jokowi hopes that Britain can expand the grants for sustainable transportation that have been given to several Indonesian cities of approximately US$11 million or Rp.164.2 billion.

“I hope it can be expanded to other cities, including the capital city of the archipelago,” Jokowi said in an official statement, Saturday (20/5).

He also hopes that the UK will realize its commitment in the Just Energy Transition Partnership, the development of the electric vehicle (EV) ecosystem including the supply of battery cells and the construction of an EV micro factory, as well as investment in the development of IKN, transportation, green energy and education.

On a separate occasion, Jokowi also expressed his appreciation to Kishida regarding the signing of five memorandums of understanding related to the construction of the National Science Institute.

“Regarding the construction of IKN, I welcome the signing of 5 Memorandums of Understanding with JICA, JBIC, JCODE, JIBH & UR,” said Jokowi.

In addition, Jokowi has also contributed to accelerating the realization of Japan’s commitment of US$500 million for low-carbon technology and accelerating the discontinuation of steam power plants (PLTU). He also asked for the implementation of business agreements by PLN, Pupuk Indonesia, Pertamina, with Japanese partners as an effort to achieve net zero emissions.

Jokowi attended the G7 summit (Summit) in Hiroshima, Japan, which started from 19-21 May 2023. Jokowi attended after being directly invited by Kishida.

During the event, Jokowi held a number of bilateral meetings with leaders of friendly countries, including Japan and the United Kingdom.

The meeting discussed trade and tourism cooperation, investment, and the situation in Myanmar.


[Gambas:Video CNN]


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