Revision of Capital City Law Becomes National Priority


The House of Representatives and the Indonesian government agreed to include the revision of Law No. 3/2022 on the Nusantara capital city (IKN) in the 2023 National Legislation Program (Prolegnas). Law and Human Rights Minister Yasonna Laoly explained that the revision would focus on attempts to accelerate the relocation process, aside from changes in funding and managing state assets.

The IKN Law will regulate financing and investment and guarantee aspects for the continuity of the IKN project. "The regulation is also related to the processing of IKN's assets," Yasonna said on Wednesday. DPR's Legislative Body chairman Supratman Andi Agtas said six factions approved the inclusion of the revision of the Capital City Law into the 2023 Prolegnas, namely the Indonesian Democratic Party of Struggle, the Golkar Party, the Gerindra Party, the National Awakening Party, the National Mandate Party, and the United Development Party.

Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.