nusantara capital Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/nusantara-capital/ Latest business news media headlines platform today | Lets talk Business Mon, 02 Dec 2024 11:49:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png nusantara capital Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/nusantara-capital/ 32 32 AHY reveals the continuation of IKN megaproject under President Prabowo https://heaptalk.com/govact/ahy-reveals-the-continuation-of-ikn-megaproject-under-president-prabowo/ Mon, 02 Dec 2024 11:49:25 +0000 https://heaptalk.com/?p=44615 Heaptalk, Jakarta — The Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono (AHY), shared updates on the future of Indonesia’s new capital city, Nusantara Capital (IKN) megaproject, under President Prabowo Subianto’s administration. According to AHY, the IKN megaproject will continue, focusing on the completion of its government center. “The continuation of IKN’s construction […]

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]]> Ministry of Law to move to IKN once Parliament and Supreme Court Buildings are completed https://heaptalk.com/govact/ministry-of-law-to-move-to-ikn-once-parliament-and-supreme-court-buildings-are-completed/ Sun, 24 Nov 2024 08:54:40 +0000 https://heaptalk.com/?p=44416 Heaptalk, Jakarta — Minister of Law Supratman Andi Agtas stated that there is no specific target or deadline for issuing a Presidential Decree (Keppres) regarding the relocation of Indonesia’s capital from Jakarta to the new Nusantara Capital (IKN). The Ministry will move to IKN once the Parliament and Supreme Court Building are completed. “The President […]

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]]> Jokowi urges IKN’s readiness before signing Presidential Decree on Capital Relocation https://heaptalk.com/govact/jokowi-urges-ikns-readiness-before-signing-presidential-decree-on-capital-relocation/ Fri, 20 Sep 2024 04:39:01 +0000 https://heaptalk.com/?p=39251 Heaptalk, Jakarta — President Joko Widodo (Jokowi) stated that weighty attention to readiness is necessary before he signs the Presidential Decree (Keppres) regarding relocating the capital from Jakarta to Nusantara Capital. He conveyed this during a press statement after inaugurating the Indonesia International Geothermal Convention and Exhibition (IIGCE) 2024 at JCC Senayan, Jakarta (09/18). “We […]

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]]> Govt confirms cost of 79th Independence Day Ceremony in IKN reaches US$5.6m https://heaptalk.com/govact/govt-confirms-cost-of-79th-independence-day-ceremony-in-ikn-reaches-us5-6m/ Thu, 15 Aug 2024 03:04:23 +0000 https://heaptalk.com/?p=37080 Heaptalk, Jakarta — The Presidential Palace announced on Tuesday (08/13) through the Presidential Staff Office that the cost of the 79th Independence Day ceremony in the Nusantara Capital (IKN) reached Rp87 billion, approximately US$5.6 million (US$1 equals Rp15,606). Minister of State Secretariat Pratikno acknowledged that the 79th Independence Day commemoration budget is larger than in […]

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]]> Govt: Garuda Palace in IKN needs time to turn green https://heaptalk.com/govact/govt-garuda-palace-in-ikn-needs-time-to-turn-green/ Sat, 10 Aug 2024 09:51:01 +0000 https://heaptalk.com/?p=36786 Heaptalk, Jakarta — The Garuda Palace in the Nusantara Capital (IKN) has drawn criticism on social media as its black, bat-like appearance diverges from expectations of its Garuda-inspired design. In response, Minister of Public Works and Housing (PUPR) Basuki Hadimuljono, who is also the Acting Head of the IKN Authority, stated that the Garuda Palace […]

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]]> Autonomous rail transit and flying taxis to begin trials in IKN at the end of July https://heaptalk.com/govact/autonomous-rail-transit-and-flying-taxis-to-begin-trials-in-ikn-at-the-end-of-july/ Fri, 19 Jul 2024 10:37:46 +0000 https://heaptalk.com/?p=35360 Heaptalk, Jakarta — Ahead of the 79th Indonesian Independence Day celebration on August 17, the government is accelerating the provision of advanced mass transportation infrastructure in Nusantara Capital (IKN), including preparing advanced transportation systems such as autonomous rail transit (ART) and flying taxis. “The Proof of Concept (PoC) or trial of the Urban Air Mobility […]

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]]> Construction progress at 15%, IKN still needs investors https://heaptalk.com/govact/construction-progress-at-15-ikn-still-needs-investors/ Fri, 19 Jul 2024 06:07:51 +0000 https://heaptalk.com/?p=35220 Heaptalk, Jakarta — President Joko Widodo (Jokowi) stated that the construction of the Nusantara Capital (IKN) had reached 15% completion as of Tuesday (16/07). A major project similar to Nusantara Capital is not built in 2-3 years. This is a long-term project with a timeline of 15-20 years. “On August 17, the independence ceremony is […]

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]]> Criticized by Jokowi, PUPR accelerates the clean water installation in IKN https://heaptalk.com/govact/criticized-by-jokowi-pupr-accelerates-the-clean-water-installation-in-ikn/ Tue, 16 Jul 2024 07:40:09 +0000 https://heaptalk.com/?p=35060 Heaptalk, Jakarta — The Head of IKN Infrastructure Construction Task Force, Danis H. Sumadilaga, accelerated the completion of clean water infrastructure in Nusantara Capital (IKN) to respond to President Joko ‘Jokowi’ Widodo’s statement regarding his moving plan, which was postponed due of the lack of basic infrastructure in the area. According to Danis, the supply […]

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]]> Boost investment in IKN, Jokowi extend Right to Cultivate (HGU) up to 190 years https://heaptalk.com/govact/boost-investment-to-ikn-jokowi-extend-right-to-cultivate-hgu-up-to-190-years/ Mon, 15 Jul 2024 06:40:09 +0000 https://heaptalk.com/?p=34954 Heaptalk, Jakarta — Indonesia’s President Joko ‘Jokowi’ Widodo signed the policy of Right to Cultivate (HGU) of up to 190 years for investor who invest their capital in Nusantara Capital (IKN). This regulation is stipulated in President Regulation No. 75 Year 2024 regarding the Acceleration of the Nusantara Capital Establishment. “Many investors intend to invest […]

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]]> The construction activity in IKN will be halted starting from 10 August https://heaptalk.com/govact/the-construction-activity-in-ikn-will-be-halted-starting-from-10-august/ Tue, 09 Jul 2024 09:01:04 +0000 https://heaptalk.com/?p=34631 Heaptalk, Jakarta – After a shocking announcement from the former Nusantara Capital (IKN) Authority Head of Bambang Susanto about his resignation, the IKN establishment has been hit by unpleasant issues oftentimes. Recently, the Indonesian government, through its official Youtube, announced to halt the construction of IKN starting from August 10, 2024. According to Task Force […]

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]]> Jokowi: IKN will become a new economic growth hub https://heaptalk.com/govact/jokowi-ikn-will-become-a-new-economic-growth-hub/ Tue, 09 Jul 2024 06:39:05 +0000 https://heaptalk.com/?p=34596 Heaptalk, Jakarta — As the Nusantara Capital (IKN) development in Kalimantan progresses, President Jokowi expressed his optimism that IKN will become a new economic growth hub during his recent statement in Kalimantan. He voiced that the presence of Nusantara Capital will also boost the demand for agricultural products such as rice, vegetables, and onions, which […]

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]]> Toll roads construction in IKN is sped up ahead of the National Independence Day https://heaptalk.com/govact/toll-roads-construction-in-ikn-is-sped-up-ahead-of-the-national-independence-day/ Wed, 03 Jul 2024 09:24:23 +0000 https://heaptalk.com/?p=34299 Heaptalk, Jakarta – The Ministry of Public Works and Housing (PUPR) announced to expedite the construction of toll roads in the Nusantara Capital (IKN) ahead of Indonesian Independence Day on 17 August this year. The Director General of Bina Marga PUPR Rachman Arief stated that this acceleration will be carried out in IKN toll road […]

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]]> Govt has not permitted flying taxis to operate in IKN https://heaptalk.com/govact/govt-has-not-permitted-flying-taxis-to-operate-in-ikn/ Thu, 13 Jun 2024 10:22:40 +0000 https://heaptalk.com/?p=32959 Heaptalk, Jakarta — Minister of Transportation Budi Karya Sumadi stated that the government has not yet found appropriate regulations for flying taxis or passenger-carrying drones. “We are looking at regulations from developed countries, and even America has not yet given formal permission. There are risks involved. Therefore, we have not granted permission for flying taxis. […]

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]]> Pakuwon Jati maintains a US$307m investment in IKN despite authority head’s resignation https://heaptalk.com/industry/pakuwon-jati-maintains-a-us307m-investment-in-ikn-despite-authority-heads-resignation/ Thu, 13 Jun 2024 10:18:48 +0000 https://heaptalk.com/?p=32993 Heaptalk, Jakarta — The resignation of the Head of the Authority does not affect investors who have invested in Nusantara Capital or IKN, including Pakuwon Jati, who remains committed to investing there. Alexander Stefanus Ridwan Suhendra, President Director of Pakuwon Jati (PWON), stated that Bambang and Dhony’s resignations would not disrupt the continuity of PWON’s […]

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]]> GoTo presents Gojek and Gopay in IKN to digitalize the ecosystem https://heaptalk.com/technology/goto-presents-gojek-and-gopay-in-ikn-to-digitalize-the-ecosystem/ Mon, 10 Jun 2024 10:07:56 +0000 https://heaptalk.com/?p=32733 Heaptalk, Jakarta — PT GoTo Gojek Tokopedia is bringing its on-demand service Gojek and fintech service Gopay to the Nusantara Capital (IKN) to promote the development of the digital economy around the region (06/07). The presence of Gojek and Gopay in Nusantara Capital aims to facilitate mobility, food delivery, financial technology services, and secure digital […]

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]]> BPK: Nusantara Capital is not an overnight project https://heaptalk.com/govact/bpk-nusantara-capital-is-not-an-overnight-project/ Fri, 07 Jun 2024 07:22:03 +0000 https://heaptalk.com/?p=32620 Heaptalk, Jakarta — In a press release on Thursday (06/06), the Audit Board of Indonesia (BPK) emphasized that the megaproject of Nusantara Capital (IKN) initiated by President Joko Widodo (Jokowi) does not resemble the legend of Roro Jonggrang, where the capital can be moved in only one night. “It requires a process; therefore, the relocation […]

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]]> BTN to establish a head office in Nusantara Capital https://heaptalk.com/industry/btn-to-establish-a-head-office-in-nusantara-capital/ Fri, 07 Jun 2024 07:05:56 +0000 https://heaptalk.com/?p=32586 Heaptalk, Jakarta — PT Bank Tabungan Negara (BTN) is establishing a head office in Nusantara Capital (IKN), North Penajam Paser Regency, East Kalimantan Province. President Joko Widodo conducted the groundbreaking ceremony to construct BTN’s office building (06/05). President Jokowi’s vision for Nusantara as Indonesia’s future is a key driver behind BTN’s strategic investment in Nusantara […]

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