SUKABUMI – Director General of Operational Cooperation PT Kiniku Bintang Raya or KSO Budiman Sudjatmiko said that a Canadian investor has officially invested capital for the construction of the Algorithm Hill project in Cikidang and Cibadak areas, Sukabumi Regency.

When visiting Jabarekspres.com in Sukabumi on Sunday, April 18, 2021, Budiman said that this Canadian investor invested Rp. 18 trillion in the construction of the first phase of Algorithm Hill. “We are also negotiating with countries in Asia, the Middle East and Europe,” Budiman told jabarekspres.com

This Indonesian Democratic Struggle Party politician revealed that the initial investment for the Algorithm Hill project was divided into two types: cluster and ecosystem.

The 18 trillion rupiah funds from Canada will be used for the first phase of cluster investment to be carried out by state-owned PT Amarta Karya in the form of infrastructure development. “Meanwhile, investments in this ecosystem come from Germany and amount to IDR 1.4 trillion,” he said.

PT Amarta Karya President Director Nikolas Agung admitted that he would carry out the groundbreaking or laying of the foundation stone in mid-May. This will mark the start of work on the first phase of the Algorithm Hill project.

“After Eid, around mid-May, we will carry out the groundbreaking here. “Then we will move on to the construction of access road infrastructure,” Nikolas said.

He also responded to a statement by the Meteorology, Climatology and Geophysics Agency or BMKG that the Cikidang and Cibadak regions were earthquake-prone areas as they were flanked by the Citarik Fault and the Cimandiri Fault .

Nikolas Mangaku in 1995 himself had experience in building a geothermal power plant project or PLTP Mount Salak. “So I also know the nature of the soil. “If it’s in a location near geothermal sources, the terrain is usually unstable,” he said.

“Of course, we will take many approaches when planning. “We are learning from Japan's example and will adopt seismic construction technology,” he explained.

It is known that a number of private companies will build 4.0 industrial and technological development centers as well as human resources in the Cikidang and Cibadak areas of Sukabumi Regency.