Key insights and market outlook
The Indonesian government has reaffirmed its commitment to the Nusantara Capital City (IKN) project in East Kalimantan, with President Prabowo Subianto's recent visit 2
The Indonesian government has provided strong reassurance about the continuity of the Nusantara Capital City (IKN) project in East Kalimantan. Following President Prabowo Subianto's recent two-day visit to the location on January 12-13, 2026 2
Minister of Public Works, Dody Hanggodo, stated that the IKN project will continue according to its predetermined stages 1
The head of the IKN Authority, Basuki Hadimuljono, highlighted that President Prabowo's visit was a clear signal of the government's commitment to the project 2
The IKN project is a massive infrastructure development valued at Rp592 trillion, representing a significant investment in Indonesia's future 2
Presidential Visit to IKN
Government Reaffirms IKN Commitment
Major Infrastructure Project Update