by Teuvo Tuomi | Feb 23, 2025 | Finland, Indonesia, Infrastructure, News
Basuki Hadimuljono, Head of the Nusantara Authority, proposes providing free land for foreign embassies in East Kalimantan, where Indonesia’s new national capital will be located. Basuki clarifies that final approval rests with President Prabowo Subianto. “I will...
by Teuvo Tuomi | Aug 13, 2024 | Indonesia, News, Society
Preparations for Indonesia’s Independence Day ceremony on 17 August in Nusantara are over 90% finished, the Ministry of Communication and Informatics reports. Nusantara is the country’s new capital in East Kalimantan. The government will hold the ceremony...
by Teuvo Tuomi | Jul 16, 2024 | ASEAN, Business, Indonesia, Infrastructure, Investment, News, Southeast Asia
President Joko “Jokowi” Widodo has signed a presidential regulation that grants investors certain rights in the Nusantara Capital City (IKN) megaproject in East Kalimantan, the future capital, including land rights of up to 190 years. The regulation stipulates that...
by Teuvo Tuomi | Jul 10, 2024 | Indonesia, Business, Economy, Investment, News, Society, Visions
The US$32 billion Nusantara Capital City (IKN) project has met with another delay, as key infrastructure remains incomplete just weeks before its planned inauguration in mid-August in East Kalimantan. President Joko “Jokowi” Widodo says that the issuance of a...
by Teuvo Tuomi | Mar 1, 2024 | Indonesia, Economy, News, Travel
Indonesian President Joko Widodo (Jokowi) says he will start working from the new national capital Nusantara in East Kalimantan in July this year. Meanwhile, the Indonesian government is targeting to commence government activities in the new capital on 17 August 2024,...
