Saturday, November 15, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

$330 Million Investment Brings Nusantara Mall and Luxury Hotel to IKN

by Becky
2024-09-15
in Economic
A A
nusantara mall
Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, IndonesiaSentinel.com — On September 13, 2024, the Nusantara Consortium officially broke ground on the Nusantara Mall Duty Free and inaugurated Swissotel Nusantara in Indonesia’s new capital, Ibu Kota Nusantara (IKN).

Developed by ASRI, a subsidiary of Agung Sedayu Group, these ambitious projects have a total investment of IDR 5 trillion (approximately USD 330 million) and are designed with a nature-integrated concept.

The Nusantara Mall Duty Free project, covering 120,000 square meters, will feature a shopping complex, luxury hotels, serviced apartments, and various other facilities. It is part of a broader vision aimed at enhancing the quality of life through an integrated and sustainable environment.

RelatedPosts

Indonesia Imposes Anti Dumping Tariffs on Nylon Film Imports from China, Thailand, and Taiwan

Ministry of Maritime Affairs and Fisheries Seals 9.7 Tons of Imported Salem Fish in West Kalimantan

The mall’s design, described as “green and futuristic,” will occupy only a quarter of the nine-hectare site, leaving ample open green space for public use. ASRI emphasized the “people-oriented” layout, with the building mass aligned along the perimeter to engage with street activity while the open space provides a refreshing shopping experience.

ADVERTISEMENT

President Joko Widodo (Jokowi) expressed his support for the project, highlighting its potential to bring vitality to IKN. “Once this [Nusantara Mall Duty Free] is complete, it will bring more vibrancy to the new capital,” Jokowi said in an official statement, encouraging the consortium’s continued investment.

Swissotel Nusantara, the first five-star hotel in IKN, has been operational since August 17, 2024. It boasts 191 rooms, a high-end restaurant (NUSA), conference facilities, a swimming pool, and a fitness center, offering premium accommodations near the Presidential Palace and Government District.

Susi Pudjiastuti Expresses Disappointment Over Indonesia’s Decision to Resume Sea Sand Exports

The dual launch of these projects underscores the commitment of major Indonesian corporations, including Agung Sedayu Group, Sinar Mas Group, Adaro Group, and others, to contribute to the rapid development of IKN as Indonesia’s future hub for government and business.

(Ray)

Tags: HotelIKNInvestmentmallNusantara Mall
ADVERTISEMENT

Related Posts

Indonesia Economy

Indonesia Economy Expands 5.04% in Q3 2025, Driven by Manufacturing and Household Spending

2025-11-05

Jakarta, Indonesia Sentinel -- Statistics agency (BPS) reported Indonesia economy grew 5.04% in the third quarter of 2025 compared to...

Digital Rupiah Indonesia

Bank Indonesia Develop ‘Digital Rupiah’, The country’s Official Central Bank Digital Currency

2025-11-03

Jakarta, Indonesia Sentinel -- Bank Indonesia (BI) is moving forward with the development of the Digital Rupiah, the country’s official...

QRIS South Korea

Indonesia Expands Cross-Border QRIS Payment Trials to South Korea After Success in Japan and China

2025-10-30

Jakarta, Indonesia Sentinel -- Bank Indonesia (BI) has begun testing cross-border payments using the Quick Response Code Indonesian Standard (QRIS)...

Indonesia Carbon Credit

Indonesia Tradable Carbon Credit Potential Reach 13.4 Billion Tons, Eyes Rp127.98 Trillion Annual from Carbon Trading

2025-10-27

Jakarta, Indonesia Sentinel -- Minister of Forestry Raja Juli Antoni said that Indonesia total tradable carbon credit potential by 2050...

Indonesian Cloves

U.S. Importers Faces Shortage after FDA Imposes Restrictions on Indonesian Cloves Over Cesium-137 Contamination

2025-10-22

Jakarta, Indonesia Sentinel -- The U.S. Food and Drug Administration (FDA) has imposed temporary import restrictions on Indonesian cloves following...

Indonesian Shrimp

Thousands of Indonesian Shrimp Containers Cleared for Entry into the United States After FDA Agreement

2025-10-22

Jakarta, Indonesia Sentinel -- Thousands of containers of Indonesian shrimp en route to the United States have been cleared for...

West Java Investment

West Java Emerges as Top Investment Destination, Leads National Investment Realization in Q3 2025

2025-10-19

Jakarta, Indonesia Sentinel -- West Java recorded the highest investment realization nationwide in the third quarter of 2025, reaffirming its...

Indonesia investment

Indonesia’s Investment Realization Reached Rp1,434.3 Trillion in Nine Months of 2025

2025-10-19

Jakarta, Indonesia Sentinel -- Indonesia Investment Ministry, also known as the Investment and Downstreaming Ministry or the Investment Coordinating Board...

Indonesia State Budget Deficit

Indonesia 2025 State Budget Deficit Reaches Rp371.5 Trillion per 30 September 2025

2025-10-15

Jakarta, Indonesia Sentinel -- Indonesia state budget (APBN) recorded a deficit of Rp371.5 trillion ($22.7 billion), or 1.56% of gross...

Indonesia Debt

Indonesia Debt Rises, Reached Rp9,138.05 Trillion in June

2025-10-14

Jakarta, Indonesia Sentinel -- The Ministry of Finance revealed that Indonesia’s central government debt reached Rp9,138.05 trillion rupiah ($570 billion)...

Load More
Next Post
elon musk brazil

Brazil Orders $3M Seizure from Elon Musk X in Disinformation Battle

Popular

  • yandex

    How to Watch Viral Video on Yandex: What You Need to Know

    0 shares
    Share 0 Tweet 0
  • 15 Indonesian Provinces Lead in Sex Worker Locations, West Java Ranks First!

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • The Joyoboyo Prophecy: Historical Roots and Modern Resonance in Indonesian Society

    0 shares
    Share 0 Tweet 0
  • Jakarta Police Uncover ‘VCS’ Scams Operated by Siblings, Has Earned Over Rp100 Millions

    0 shares
    Share 0 Tweet 0

Recommended

Apple Porn App

Apple Allowed its First Ever Adult Content App called “Hot Tub” on iPhone

9 months ago
Jepara Wood Carvings

Jepara Wood Carvings, Indonesian Craftsmanship Heritage

1 year ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel