(Jakarta, 25th) — The Nusantara Capital Authority of Indonesia has signed an agreement worth 4 trillion Indonesian rupiah (about 967 million ringgit) with the United Arab Emirates construction company, Ayedh Dejem Group, to develop a mixed-use project in Indonesia’s new capital.
According to a statement released Saturday (January 24) by the Nusantara Capital Authority and cited by Reuters, Ayedh Dejem Group will develop offices, commercial districts, shopping centers, and religious facilities in Nusantara. The statement added that construction on this project is expected to begin in mid-2027.
The planning area for Nusantara covers parts of two regencies in East Kalimantan Province: Kutai Kartanegara and North Penajam Paser. According to a survey jointly released last month by Indonesia’s Central Statistics Agency, the National Development Planning Agency (Bappenas), and the Nusantara Capital Authority, there are a total of 147,430 residents in Nusantara, from 43,293 households.
Data also show that 41.16% of Nusantara’s population was born in other regions, mainly from East Kalimantan, South Sulawesi, and East Java. The current population of Nusantara is highly concentrated in a few villages; these high-density areas will become priority targets for the development of basic public services and infrastructure in the future.
The planning area for Nusantara covers parts of two regencies in East Kalimantan Province: Kutai Kartanegara and North Penajam Paser. According to a survey jointly released last month by Indonesia’s Central Statistics Agency, the National Development Planning Agency (Bappenas), and the Nusantara Capital Authority, there are a total of 147,430 residents in Nusantara, from 43,293 households.
Data also show that 41.16% of Nusantara’s population was born in other regions, mainly from East Kalimantan, South Sulawesi, and East Java. The current population of Nusantara is highly concentrated in a few villages; these high-density areas will become priority targets for the development of basic public services and infrastructure in the future.