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Realized value of investment for Nusantara city development Indonesia 2024, by source

Published by Statista Research Department, Feb 23, 2024

As of January 2024, the majority of investment realization for Nusantara development came from private investors, amounting to over 39 trillion Indonesian rupiah. The Indonesian government is currently developing the Capital City of Nusantara (Ibu Kota Nusantara/IKN), which is located in East Kalimantan, to replace Jakarta as its national capital. The development of Nusantara has started at the end of 2022 and is aimed to be fully completed by 2045. The government estimated that Nusantara would be ready to be occupied and inaugurated in 2024.

Realized value of investment in the development of the new Capital City of Nusantara in Indonesia as of January 2024, by source (in trillion Indonesian rupiah)

Characteristic	Investment value in trillion Indonesian rupiah
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Release date

January 2024

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Region

Indonesia

Survey time period

2023 to January 2024

Supplementary notes

*Known in Indonesia as BUMN (Badan Usaha Milik Negara).

One thousand Indonesian rupiah is equal to approximately 0.064 U.S. dollars and 0.060 euros as of February 2024.

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