Nusantara

East Kalimantan, IndonesiaNew CityUnder development

Indonesia's new capital city under construction on the island of Borneo, planned to replace Jakarta as the country's administrative center.

Last verified: 2026-05-01Submit a correction →Visit site

Founded

2022

Status

Under development

Operating entity

Otorita Ibu Kota Nusantara (OIKN) — Nusantara Capital City AuthorityIndonesia (cabinet-level agency under the President; Presidential Reg. 62/2022)[src]

Total funding

$4.7Bas of 2022–2024

Population

0 / 0current / target

Target completion

2045 (full)

Founders & Leadership

Basuki Hadimuljono[src]
Head, OIKN (current); former Public Works minister
Bambang Susantono
Previous Head (resigned)
Mohammed Ali Berawi
Deputy (resigned)

Funding

Total raised: $4.7B (as of 2022–2024)

Rp 75.8T (~$4.7B) spent 2022–2024; Rp 48.8T (~$2.96B) approved Phase II 2025–2029; Rp 225T (~$13.6B) private investment commitments per Oct 2025.

Investors

Government of Indonesia (state budget)
Government
Sarawak Energy (Malaysia, hydropower stake)
Firm
Brunei consortium ($300–450M housing)
Firm
USTDA (US grant)
Government

How to join

Civil servant relocation
Job
Private investment
Business incorporation
Future residency / business
Residency

Goals

Replace Jakarta as capital. Total budget framework Rp 466T (~$32B). Completion 2045.

Target completion — 2045 (full)

Press

WikipediaNusantara Capital City Authority (Wikipedia)

Official channels

Unverified or unconfirmed

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