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APBN

Indonesia allocates Rp6.26 trillion for IKN in 2026, down from previous years

The government has allocated Rp6.26 trillion (US$387 million) for two development programs of the Nusantara Capital City (IKN) Authority for 2026, down by more than half from the Rp13 trillion allocated in 2025.

IKN, Image source: kemenparekraf.go.id

IKN Authority puts Rp18.46 T in construction projects up for tender

The Nusantara Capital(IKN) Authority is auctioning 24 construction projects worth Rp18.46 trillion (US$1.1 billion) this month, focusing on the development of legislative and judicial complexes, along with supporting infrastructure in Indonesia’s new capital.

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