Search results
Results From The WOW.Com Content Network
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 ...
Indonesian President Joko Widodo held his first cabinet meeting in his planned new capital, Nusantara, on Monday, as the outgoing leader seeks to reassure investors his $32 billion mega-project ...
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.
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 ...
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 ...
For the record: 9:31 a.m. Aug. 16, 2024: An earlier version of this article reported that Nusantara would replace Jakarta as the capital of Indonesia on Saturday.The government has not set an ...