Prabowo invites domestic and overseas investors to build the giant Sea Wall project

Jakarta -President of the Republic of Indonesia Prabowo Subianto has ensured that the giant sea wall or the giant sea of ​​the north coast of Java will soon begin. The development of the project aims to face the climate crisis as well as the protection of coastal areas. “This is a very important project. It has been planned since 1995, almost 30 years ago. But now there are no more delays. We will start,” Prabowo said in his statement on Sunday (6/15/2025). It was unveiled by Prabowo at the 2025 Conference on Infrastructure (ICI) meeting in Jakarta, some time ago. Prabowo explained that the giant Sea Wall project was designed to stretch about 500 kilometers from Banten to Gresik, East Java. The president said the investment value of this project estimated to reach US $ 80 billion with the initial stages of development in the Jakarta Bay, which is estimated to cost US $ 8 to 10 billion. Browse to continue with the contents of the president, emphasized that the government will not only rely on foreign investment, but will also actively participate in real funds from the state budget. “The government does not have empty hands. We enter as partners, not only ask for shares, but also with real money. It gives trust to foreign partners,” he said. To accelerate the implementation of this project, Prabowo revealed that he would soon form the Northern Coast Sea Authority Agency as a special institution responsible for the management and acceleration of the national strategic project. On the same occasion, Prabowo also said that the first construction phase would be focused on most areas such as Jakarta, Semarang, Pekalongan and Breede. He said he received support from the Governor of DKI Jakarta to participate in the funding project because the Jakarta Bay alone needs USD 8 billion. “It’s a mega project. I’ll start, I don’t know which president will complete. But we have to start, and we’ll start,” he said he opened the door to international businesses from China, Japan, Korea, Europe, to the Middle East to be involved, but emphasized that the project would work with or without foreign participation. “Companies from China, from Japan, from Korea, from Europe, from the Middle East who want to participate. Please, but we are not waiting, we will use our own power,” he said. Meanwhile, the Coordinating Minister for Infrastructure and Development of Agus Harimurti Yudhoyono (AHY) said that this project is not just about physical development, but reflects the seriousness of Indonesia in the protection of the environment and the sustainability of the lives of coastal communities. “Not only do we invite investments, but invite long -term partnerships into the spirit of global mutual cooperation. In accordance with the guidance of the president, we have formed the Javanese giant sea mall to consolidate and oversee the planning of coastal protection since the end of February,” Ahy said. Ahy emphasized that the giant sea wall is not just a giant wall, but a customizable system designed to handle tidal floods and climate crises, while maintaining ecosystems and the lives of coastal communities. “The guidance of the president is not just a technical reaction, it is a bold decision to save the future of millions of people on the north coast of Java. For the archipelago, the coastline is to protect our own existence, given the amount of this task, we are ready to work with all parties for mutual success,” Ahy said. For more information, the first international infrastructure conference in Indonesia was attended by 7,000 participants from more than 33 participants, including Indonesia, United States, Australia, the Netherlands, Japan, Canada, South Korea, Norwegian, the United Arab Emirates, China, the European Union, Spain, Vietnam, Iran, Singapore, Hungaria, Hungaria, Myanmar, Denark, France, British, Diran Finland, Hungaria, Myanmar, Denmark, France, France, British Switzerland, and Azerbaijan. ICI 2025 will be an important phase for international cooperation, with the presence of various investors and leading financing institutions, such as Macquarie (Australia), GIC (Singapore), World Bank, International Finance Corporation (IFC), Asian Development Bank (ADB) and the ASIA group. (AKD/AKD) HOEGENG Awards 2025 Read the inspiring story of the exemplary police candidate here