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Nusantara Capital Authority (OIKN)

Nusantara Capital Authority (OIKN)

Special government agency

Appears in 1 story

Stories

Indonesia builds Nusantara as a second capital

Built World

Lead developer and future city manager

Indonesia has been building a brand-new capital in the jungles of East Kalimantan since 2022. On December 12, 2025, construction crews broke ground on the legislative and judicial districts of Nusantara — the buildings meant to house parliament, the Supreme Court and the Constitutional Court — under multi-year contracts worth roughly Rp20 trillion (about $1.2 billion).

Updated 2 hours ago