PT Tirta Investama, the producer of Danone Aqua of drinking water, is open to the opportunity of investing in the Nusantara New Capital (IKN). The Corporate Communication Director of Aqua Arif Mujahidin said, “If the population moves to IKN, all businesses will follow accordingly. Aqua has to be close to its consumers since logistic costs are expensive.”
Arif mentioned that the company will examine first to observe the potential of economic and population growth. One of the examinations is concerning geological conditions in IKN, since Danone Aqua usually gravitates toward volcanic areas to search for the best water source. Meanwhile, Kalimantan province where IKN will be located, has no volcanoes.
The company however has been in touch with IKN Authority on a conservation program. Currently, Danone Aqua has several factories in different regions of the Indonesian archipelago.
Nusantara New Capital (IKN) is the future capital of Indonesia, scheduled to be inaugurated on 17 August 2024. It will replace Jakarta as the national capital, as part of the government’s plan to divert population, resources and economic growth out of the densely populated Java province. The ambitious new capital project is expected to cost US$35 billion and will be progressively constructed over 5 phases, fully completed only in 2045.