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

  • New section planned for the Pennsylvania Turnpike
    March 27, 2020
    A new stretch of road is needed for the Pennsylvania Turnpike.
    Read More
  • Japan loan for Chennai Peripheral Ring Road
    March 5, 2024
    Chennai’s new ring road is one of several Indian highway projects to get more cash injections from Japan economic development loans.
    Read More
  • Road funding from Japan for Philippines
    November 11, 2019
    The Japan International Cooperation Agency (JICA) is providing the funding for a series of major infrastructure projects in the Philippines. In all eight road and bridge projects being built in the Philippines at present are being funded by the JICA. These are worth around US$1.2 billion. The projects include the Central Luzon Link Expressway, the Metro Manila Interchange, the Arterial Road Bypass, a programme of road upgrades across the nation, the Marawi road project, road improvements in Mindanao and th
    Read More
  • Canadian tower tops out on Gordie Howe
    December 21, 2023
    The six-lane cable-stayed bridge project includes new customs plazas in both Detroit and Windsor as well as a new link to the I-75 interstate highway in Detroit.
    Read More

Highlighted Content