The investment realization in Indonesia's new capital, Nusantara, on Kalimantan Island has reached 47.5 trillion rupiah (around 3 billion U.S. dollars). "Investment realization has reached 41.4 trillion rupiah (around 2.6 billion dollars) i...
KALIMANTAN Timur (Indonesia)BORNEOCAPITAL citiesECOTOURISMSCIENTIFIC literatureENVIRONMENTAL degradationRESEARCH questionsCOLLECTIVE actionThe purpose of this paper is to explore the positive and negative impacts of relocating the new national capital (IKN) to East Kalimantan on ecotourism ...
Indonesia celebrated its 79th Independence Day in Nusantara, the future capital city, which is a major project of President Joko Widodo. However, the construction of Nusantara has faced significant delays and rising costs. Key government buildings are incomplete, and the number of guests for the c...
Investors in Indonesia’s planned new capital, Nusantara, will enjoy numerous benefits afterGovernment Regulation No. 12/2023took effect on 6 March 2023. Infrastructure and public services investors get a tax holiday of 30 years if they invest between 2023 and 2030; hotels and shopping malls inves...
Indonesian President Joko Widodo (2nd R) has a trial ride of an Autonomous Rail Rapid Transit system in Nusantara, the new capital of Indonesia, on Aug. 13, 2024. (Muchlis Jr/Presidential Press Bureau/Handout via Xinhua) NUSANTARA, Indonesia, Aug. 13 (Xinhua) -- Indonesian President Joko...
Indonesian President Joko Widodo (2nd R) has a trial ride of an Autonomous Rail Rapid Transit system in Nusantara, the new capital of Indonesia, on Aug. 13, 2024. (Muchlis Jr/Presidential Press Bureau/Handout via Xinhua) NUSANTARA, Indonesia, Aug. 13 (Xinhua) -- Indonesian President Joko...
Indonesia is planning to move its capital from the congested and sinking Jakarta to a new city named Nusantara on Borneo Island. Fathan Sembiring, chairman of the Indonesia-China Alumni & Cooperation Association, discusses what makes China such an
Another commitment has come from the Asian Development Bank (ADB). The Manila-based institution said in a statement that it would help Indonesia design its new capital city as an inclusive and carbon-neutral city, assess its potential environmental and social impacts, and raise funds from the go...
nal capital city from Jakarta, on the island of Java, to the province of East Kalimantan, in Borneo. The plan is a very ambitious project, which, in our view, poses more threats and challenges than giving opportunities to the country. In this paper, we argue that the difficulties implied...
Bisnis Indonesia - Nusantara Capital City Authority is continuously busy with the heavy flow of investments from various private companies all over the world. Until now, there are at least 223 letters of intent to invest in the new capital city.