Nusantara Project Goes Ahead without Foreign, Private Investors

Indonesia's New Capital Nusantara
Summary

Presidential Chief of Staff Moeldoko revealed that infrastructure development in the Nusantara Capital City (IKN), North Penajam Paser Regency, East Kalimantan, had gone according to the plan. He was confident that, at the current rate, the infrastructure would be ready in no time. "The task force's head informed me that the construction was 15 percent complete already," he said while visiting the construction site with Presidential Office first deputy Febry Calvin Tetelepta and Nusantara Infrastructure Development Task Force head Danis Sumadilaga on Thursday.

According to the official press release, Moeldoko particularly observed the construction of the new presidential palace and ministry offices from the Palace Viewpoint. He said that, despite poor weather, the IKN infrastructure construction had gone according to the plan and schedule.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" 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…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.