PMN Rejected, Other Opportunities Open for PT Bina Karya in IKN Development

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PMN Rejected, Other Opportunities Open for PT Bina Karya in IKN Development
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DPR Commission XI rejected the proposal for state capital participation in PT Bina Karya to support IKN development. The IKN Authority will hold further discussions so that the business entity continues to play a role in IKN development.

The following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found inHead of the Capital City Authority of Nusantara Bambang Susantono was interviewed in the city of Balikpapan, East Kalimantan, after attending a seminar entitled"Towards an Intelligent and Sustainable IKN" on Friday .

In the hearing held on September 14, 2023, Commission XI of the Indonesian parliament rejected the proposal to increase the state's capital injection into PT Bina Karya's Badan Usaha Otorita by Rp 500 billion. In response to the rejection from Commission XI, Head of IKN Authority Bambang Susantono stated that he could not get involved further in the matter. This is because PT Bina Karya is a business entity, whereas the IKN Authority is a regulator.The atmosphere of the working meeting of Commission XI of the DPR regarding the state capital injection together with the Ministry of Finance and state-owned enterprises, at the DPR Complex, Jakarta, on Tuesday .

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