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🇮🇩 Indonesia /Economy & Trade

Danantara Reviews IKN Development: What Are the Results?

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • PT Hutama Karya hosted a visit from PT Danantara Asset Management's Board of Commissioners to inspect the development of the new capital city, Nusantara (IKN).
  • Progress reports show high completion rates for some road projects, with others in early construction phases.
  • The visit highlights the connection between IKN development and broader national strategic agendas, including energy and downstream industries.

PT Hutama Karya welcomed a delegation from PT Danantara Asset Management (DAM) to tour the ongoing construction of Indonesia's new capital city, Nusantara (IKN), in East Kalimantan. The visit underscored the strategic importance of the project.

Rabin Indrajad Hattari, Chief Commissioner of PT DAM, stated that the inspection is part of monitoring a wider national strategic agenda. "The development of the capital city of Nusantara does not stand alone but is connected to the larger agenda of strengthening the energy sector and downstream industries, which we are overseeing. Reliable infrastructure is a support for the growth of new economic centers," Hattari said.

The development of the capital city of Nusantara does not stand alone but is connected to the larger agenda of strengthening the energy sector and downstream industries, which we are overseeing. Reliable infrastructure is a support for the growth of new economic centers.

— Rabin Indrajad HattariChief Commissioner of PT DAM explaining the broader significance of the IKN project.

Gunadi, Operations Director I at Hutama Karya, reported on the progress of various projects. He noted that several ongoing projects are ahead of schedule. As of May 2026, the IKN Toll Road Project, Segment 5B (Pulau Balang Bridge-Simpang Riko), reached 96.24% completion. Segment 3A-2 (Karangjoang-KKT Kariangau) stood at 88.35%, while the construction of the IKN Judicial Area Road was at 22.20%.

Construction on the Supreme Court Building and Justice Plaza, along with the MPR Building, has begun, with progress at 7.26% and 6.01% respectively as of June 24, 2026. Gunadi emphasized Hutama Karya's commitment to executing its assignments for these National Strategic Projects with discipline and good governance, aligning with the government's "Asta Cita" (eight priority programs). "We are grateful for the presence of the Danantara Commissioners who directly reviewed the project developments in IKN," Gunadi added.

We are grateful for the presence of the Danantara Commissioners who directly reviewed the project developments in IKN.

— GunadiHutama Karya Operations Director I thanking the visiting delegation.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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