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Capital Moves IKN, Monas Area to be Made Similar to Central Park in New York

Capital Moves IKN, Monas Area to be Made Similar to Central Park in New York

"Dream - Minister of State-Owned Enterprises (BUMN) Erick Thohir aims to transform state assets around the National Monument (Monas) into a landmark like those in developed countries. One of the desires of the minister, who oversees hundreds of state-owned companies across Indonesia, is to change Monas to resemble Central Park in New York or Hyde Park in England. By transforming it into a world icon landmark, Erick believes that the Monas area will eventually have very high value."

The translation of "Rencana Erick Thohir" to English is "Erick Thohir's Plan".

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"This Monas will become a Central Park like in New York or a park like in England, Hyde Park, and this box will become a very high value place," he stated as quoted from Instagram @erickthohir, Friday, January 5, 2023.

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The translation of
The Capital Moves IKN, The Monas Area Will Be Made Similar to Central Park in New York

To realize his dream, Erick said the government wants to establish a Property Fund that is prepared to manage the grand assets of the government that will be left behind when the National Capital City (IKN) Nusantara is formed. "I hope this property fund becomes a reality. Our assets will be consolidated here, under the property fund," he said.

"This plan is also not separate from the relocation of Indonesia's capital to IKN Nusantara in 2024. Erick added that under the property fund, the Ministry of State-Owned Enterprises cannot possibly have two offices."

The Capital Moves IKN, The Monas Area Will Be Made Similar to Central Park in New York

"With the relocation of the capital to IKN Nusantara, Erick does not want the assets of the Ministry of State-Owned Enterprises in the Monas area to be neglected. "We will move to IKN, it is impossible for state-owned enterprises to have 2 ministry buildings and it is unlikely that the assets of state-owned enterprises in the 1st ring in the Monas area will be neglected," he stated."

"Besides property value, the Monas area also has other potential, namely to become a data center value. "Besides property value, it can also be a data center value," he said."

The Capital Moves IKN, The Monas Area Will Be Made Similar to Central Park in New York

Regarding the state-owned enterprise assets besides the Ministry of State-Owned Enterprises building, there are Pertamina, Telkom, BSI, Danareksa, and PP. All state-owned enterprise assets located in the first ring of the Modas area will be consolidated. \

"Erick's statement about the property fund also touched on the Ministry of State-Owned Enterprises along with the Special Delivery Unit, which has reviewed 79 ongoing programs, leaving 9 programs remaining. "Yesterday, I reviewed with the Special Delivery Unit from the 79 ongoing programs, leaving 9 that I want to push to complete by the end of this year. I also want to discuss the property fund," he revealed."

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