CITIESTALK: Sofian Sibarani - Mencari Model Pembiayaan Ibu Kota Baru di Indonesia
This series of Citiestalk discussed a plan to develop ten new cities and metropolitan areas, as well as the discourse on moving the capital city. Through Indonesia’s Ministry of National Development Planning, Indonesia’s government planned to develop ten areas/regions into a new metropolitan area to decrease the regional disparity. The talks presented Bernardus Djonoputro as the moderator and Indonesian and International experts with various backgrounds.
The discussion summarized that many financing alternatives encourage accelerating new city development. In this session, Sofian Sibarani emphasized that optimizing government assets left behind in the former capital could become a strategic source of financing for the new capital city. He highlighted that underutilized government land and properties can be packaged, valued, and leveraged through lease, joint utilization, or partnership schemes, while also stressing the need for collaborative financing models and a dedicated institutional approach, such as a special purpose vehicle, to effectively develop and manage a city of such scale.
