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Agung Sedayu Group Profile: IKN Investor Called Gibran, Who Is the Owner?

Posted on December 24, 2023August 8, 2025 by syauqi wiryahasana

The name of the Agung Sedayu Group was also uttered by cawapres Gibran Rakabuming Raka in the inaugural 2024 cawapres debate which was held at the JCC, Senayan, Jakarta, Friday (22/12/2023).

At that time, Gibran mentioned Agung Sedayu as one of the investors who injected funds into the capital city of the archipelago (IKN), East Kalimantan.

Previously vice presidential candidate Mahfud MD had ‘attacked’ Gibran regarding IKN which had minimal investors. Suddenly, Gibran immediately replied to Mahfud by giving the example of several investors who participated in the construction of the IKN.

“To respond to Prof Mahfud, after returning home from the debate, maybe you can Google it, there are already many entries, Mayapada, Agung Sedayu and later we will add more,” Gibran replied to Mahfud.

Reflecting on what Gibran said, who is the owner of the Agung Sedayu Group?

Profile of the Agung Sedayu Group: Turns out it has two owners

A search of the official website of the Agung Sedayu Group found that the Agung Sedayu Group was founded in 1971 and had a slow but steady start. Agung Sedayu started as a house and shop contractor operating in Jakarta.

Initially, Agung Sedayu worked on several projects such as Harco Mangga Dua, Jakarta. This first project was considered successful because Harco was listed as the first electronic equipment shopping center in the capital city.

Agung Sedayu finally got the opportunity to work on larger projects such as the Taman Palem residential complex and Seaview Apartments.

Not enough there, Agung Sedayu is the contractor who worked on Mangga Dua Square and Kelapa Gading Square.

Many people don’t know that Agung Sedayu has two owners. This is because ownership is divided into 50% between two entrepreneurs.

The two entrepreneurs are none other than Steven Kusumo who is the boss of PT Cahaya Bintang Sejahtera (CBS) and Sugianto Kusumo alias Aguan who owns PT Cahaya Kusuma Abadi Sejahtera (CKAS).

Looking at Aguan’s wealth: Inject IDR 20 trillion into IKN

Sugianto Kusumo alias Aguan is one of the owners of Agung Sedayu who has attracted attention. This is because Aguan is predicted to inject trillions of rupiah into IKN development. It is recorded that Aguan invested IDR 20 trillion to support the construction of IKN.

President Joko Widodo alias Jokowi even personally expressed his gratitude to the figure of Aguan.

“Therefore, I would like to thank Mr. Aguan and his friends who were present. This afternoon gave confidence to the archipelago that investors are very interested in this,” said Jokowi when holding the ground breaking for the Nusantara Hotel in the capital city of the archipelago , Thursday (21/9/2023).

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