New IKN Satellite Yard in Balikpapan Indonesia

New IKN Satellite Yard in Balikpapan Indonesia

Apr 22, 2024

This is probably one of the largest projects in Asia of our time. PT. Aver Asia acted responsively to the economic and social developments of Indonesia. A new and strategically positioned satellite yard was set-up-and-ready-to-function in less than 3-months’ time to serve foreign investors visiting Nusantara.

Ibu Kota Nusantara (IKN) is slated to be the future capital of Indonesia. IKN is well-endowed by nature and is surrounded by hilly areas, forest and a natural bay. Today, roads are carved, and buildings are erected as part of the nation’s economic evolution to become a developed country by 2045.

The on-going phase 1 “Government Central Area Zone” is the initial development stage and comprises construction of government offices, schools, and hospitals. The entire project is estimated at USD $35 billion and will be finished in 5 phases.

This transformative and groundbreaking masterplan has consolidated the country’s construction capabilities to the new capital. The primary aim is to build a sustainable and smart city yet preserve the natural ecologies at IKN. The plan, over the next two decades, is for the green and walkable metropolis to become the forest capital powered with renewable energy. PT. Aver Asia stands tall with the responsibility to prioritise sustainability and provide environmentally friendly construction solutions.