PUPR Ministry completes 10 development packages in IKN
JAKARTA, 28 July 2023 – The Public Works and Public Housing (PUPR) Ministry stated that 10 basic infrastructure development packages in the new capital city of Nusantara (IKN) had been completed, including Sepaku Semoi Dam, North Penajam Paser, East Kalimantan. “From the total of 75…
Presidents of Indonesia and China meet to discuss joint projects and regional politics
BEIJING, 27 July 2023 — Indonesian President Joko Widodo met Chinese President Xi Jinping on Thursday in southwestern China for talks about joint projects that include Indonesia’s development of a new capital. Indonesian Foreign Minister Retno Marsudi said the governments of China and Indonesia signed…
Indonesia’s parliament approves $1 billion budget top-up for new capital
JAKARTA, 9 June 2023 – Indonesia’s parliamentary budget committee has approved additional 15 trillion rupiah ($1.01 billion) to speed up construction of the flagship new capital Nusantara, a senior lawmaker said on Friday. Said Abdullah, the committee’s chair, said the additional 15 trillion will go…
Nusantara Offers 80-Year Land Titles for Industrial Use
JAKARTA, 26 May 2023 – The government will grant land titles that span eight decades for industrial and residential properties in Nusantara, Indonesia’s planned new capital city which lies in East Kalimantan. “Nusantara will provide [investors] ease of doing business by granting land rights based…