00:00The treasurer is not hesitant to increase the amount of new investors under I2A and the function of I2A will continue until the agreement ends with 12 active investors.
00:16Currently, there are still 8 active investors under the financial support agreement and 4 active investors under the facilitation agreement.
00:25The last investor that will end the agreement is in 2027.
00:30I2A does not generate any operating income and performs its function through direct financial allocation by the National Treasury.
00:41In 2020, the decision has been concluded to integrate I2A Ventures with Iskandar Investment Berhad IIB
00:52and to change I2A Ventures from an active company with the permission of an active operating company to a non-active non-operating company.
01:01I2A Ventures has signed a service level agreement with IIB to carry out and take over the function of I2A Ventures management to continue to advance the ecosystem in Iskandar Kutri.
01:18I2A Ventures through IIB will continue to monitor the achievement of KPI and transfer funds to still active investors.
01:26IIB as an Indo developer or master developer to Iskandar Kutri will continue to make efforts to advance the Iskandar Kutri ecosystem.
01:36This is in line with the efforts of IIB to promote Iskandar Kutri which ensures that the established KPI program can be achieved.
01:44In line with the short audit, IIB will re-examine the function of I2A Ventures after resolving all commitments and agreements with investors in 2020-2025.
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