Nusantara Capital City of Republic of Indonesia

_Nusantara Capital City_ or _IKN - Ibu Kota Nusantara_ is Indonesia's new planned capital city. _1\. The Basics_ \- _Location_: East Kalimantan Province, on the island of Borneo. Specifically in North Penajam Paser Regency and Kutai Kartanegara Regency \- _Why move?_: Jakarta is overcrowded, sinking ∼10cm per year, and prone to floods. Only 0.8% of Indonesia's land but 10% of population \- _Vision_: To build a "Sustainable Forest City" as the center of government that represents Indonesia as a nation \- _Name_: "Nusantara" = "Archipelago" in Old Javanese. Announced by President Jokowi in 2022 _2\. Key Concepts_ IKN is designed with 4 main principles: 1\. _Green_: 65% of area will be green space + forest. Net Zero Carbon target by 2045 2\. _Smart_: Digital-first government, smart mobility, smart utilities 3\. _Inclusive_: A city for all Indonesians, not just elites 4\. _Resilient_: Less disaster risk than Jakarta The core area is only 6,671 hectares. The larger development area is 256,142 hectares - about the size of Jakarta. _3\. Timeline_ \- _Law passed_: Jan 2022 - UU IKN \- _Groundbreaking_: Started mid 2022 \- _Phase 1_: 2022-2024 - Build core government area. Presidential Palace, VP Palace, Ministries, Parliament \- _Independence Day 2024_: First ceremony held in IKN on Aug 17, 2024 \- _Full target_: 2045 - Complete move of civil servants and become a world-class city _4\. What's Being Built_ \- _Government Core_: Presidential Palace shaped like Garuda, 16 ministries, DPR/MPR building, Supreme Court \- _Infrastructure_: Toll roads, airport "Nusantara Airport", smart grid, water management, waste-to-energy \- _Residential_: Housing for civil servants, military, police \- _Investment focus_: Green technology, renewable energy, health, education, and digital economy. Not moving all of Jakarta's business there _5\. Funding Model_ Not 100% from state budget. Model is PPP - Public Private Partnership. Target: 20% State Budget, 80% from private investment, SOEs, and cooperation. Many countries including Austria, UAE, South Korea, Japan are exploring green tech and infrastructure partnerships. _In short_ Nusantara is Indonesia's bet to build a new capital from scratch in the middle of Borneo. The goal is to decentralize development to Eastern Indonesia, fix Jakarta's problems, and create a modern, green, smart capital for 2045.