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Nusantara (Indonesian pronunciation: [nusanˈtara] ⓘ), officially the Capital City of Nusantara (Indonesian: Ibu Kota Nusantara, abbreviated IKN), is the future capital of Indonesia, located between Kutai Kartanegara Regency and Penajam North Paser Regency, East Kalimantan, on the island of Borneo. [1][2][3] Nusantara is planned to be a ...
August 17, 2024 at 8:46 PM. [Reuters] Indonesia has celebrated Independence Day in its future new capital city Nusantara for the first time - with scaled-back festivities as construction continues ...
Indonesia is moving its capital from Jakarta to a new city being built on the island of Borneo. Nusantara is far from finished. But that hasn't stopped the president from moving in.
The construction of the new capital began in mid-2022, spread over an area of about 2,600 square kilometers (1,000 square miles) carved out of Borneo's jungle. Officials say it will be a futuristic green city with abundant forests and parks, powered by renewable energy sources and using smart waste management.
Status: In force (amended) Law on State Capital (Indonesian: Undang-Undang Ibu Kota Negara/UU IKN) is an omnibus law to relocate capital of Indonesia from Jakarta to Nusantara at East Kalimantan as new capital of Indonesia. [1] The omnibus bill of the law was passed into law on 18 January 2022, [2][3] and finally commenced on 15 February 2022.
Most of the new capital's investors are Indonesian companies. The government is contributing 20% of the $33 billion budget and relying significantly on private sector investment for the rest.
The 2023 State Capital Act ( Indonesian: Undang-Undang Ibu Kota Negara/UU IKN 2023) is an omnibus bill to amend the previous Law on State Capital, a piece of law to relocate capital of Indonesia from Jakarta to Nusantara at East Kalimantan as new capital of Indonesia. Introduced on 21 August 2023, [1] the omnibus bill was passed into law on 3 ...
By Zahra Matarani. NUSANTARA, Indonesia (Reuters) - Indonesian President Joko Widodo spent his first night in the eagle-shaped palace of the country's proposed new capital Nusantara ahead of ...