Funding for Indonesia’s new capital

Funding is being secured for the construction of Indonesia’s new capital.
By MJ Woof February 6, 2025 Read time: 1 min
Construction is underway for Indonesia’s new purpose-built capital, Nusantara – image courtesy of © Fuad Abdullah| Dreamstime.com


The necessary funding is being secured for the construction of Indonesia’s new purpose-built capital, Nusantara. The Indonesian Government plans to spend US$3 trillion to develop the second phase of Nusantara’s construction programme. This is around half of the budget set aside for the first phase of the project, which was carried out between 2022 and 2024.

The works are being managed by the Nusantara Capital Authority, which was awarded responsibility for the project by Indonesia’s Public Works Ministry and Housing and Urban Development Ministry.

Construction is being carried out under a series of PPPs, managed by the Nusantara Capital Authority. Six road projects are included amongst the PPPs, as well as a series of infrastructure works for utilities and power supply.

The new capital is being built due to the numerous problems with Indonesia's traditional capital, Jakarta. The city suffers serious traffic congestion and pollution and is also sinking, putting it at risk from climate change.

 

Finance & Funding

Related Content

  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More
  • Transpordiamet opens Tartu procurement
    May 20, 2021
    The Estonian Transport Administration - Transpordiamet - is tendering for the Tallinn–Tartu–Võru–Luhamaa highway section of the planned Western Tartu Bypass.
    Read More
  • Nicaragua is planning major road investments
    March 30, 2015
    The Nicaraguan Government is setting out major plans for road infrastructure development. The country's master plan for road infrastructure envisages work to a total of 4,200km of main roads across the country. This programme is expected to cost in the order of US$5.20 billion, according to pre-feasibility studies carried out by Korea Expressway Corporation (KEC). Funding is being sought at present by the Nicaraguan Government, which is in discussion with a number of bodies.
    Read More
  • New Italian transport infrastructure construction works planned
    April 13, 2023
    New Italian transport infrastructure construction works are being planned.
    Read More

Highlighted Content