Widodo recently offered incentives for the new capital, including land rights lasting up to 190 years and generous tax incentives. With a population of about 275 million, Indonesia is South-East ...
JAKARTA--Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is leaving, and moving the country’s capital to the island of Borneo.
Under current rules, Jakarta will remain Indonesia’s capital until the president issues a decree officially naming Nusantara as the new capital, which is expected sometime this year. The ...
The Nusantara Capital City (IKN) Authority announced the opening of parts of the city to the public in a press statement on Sunday, saying that the new city will open every day from 9am to 5pm ...
Indonesia is preparing about 8 trillion rupiah ($487.21 million) of capital injection for the new state firm Agrinas Palma ...
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