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

  • Moscow plans series of road upgrades
    January 27, 2017
    Moscow is planning a series of projects to upgrade roads in and around the city. The traffic situation in Moscow is notorious with the city regularly suffering serious delays at peak periods, making it one of the 10 worst cities in the world for congestion. In a bid to improve the situation and reduce the jams, the city authorities are embarking on a series of road upgrades, as well as the construction of new urban links. In all some 103km of new roads will be built. There will also be new bridges, tunnels
    Read More
  • Australian transport infrastructure development
    November 4, 2022
    The Australian Government is targeting transport infrastructure development.
    Read More
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
    Read More
  • A major coal mine project in Indonesia will be connected with a new road link
    April 16, 2012
    A new road link will be constructed in Indonesia to connect a coal mine development. The 100km road forms part of a US$764 million development for the coal project, with the link being constructed by Citra Marga Nusaphala Persada, an Indonesian toll road operator in South Sumatra, Indonesia. Work on the road will commence in either the second half of 2012 or the first half of 2013. According to Operational Director of the firm, Hudaya Arryanto, the road is for supporting the coal mining industry, which is n
    Read More

Highlighted Content