Indonesia allocates $340 million for new capital's legislative, judicial areas

Indonesia's Nusantara Capital Authority (OIKN) has earmarked Rp5.3 trillion to advance the construction of the legislative and judicial precincts within the new capital city. This significant allocation is part of the OIKN's indicative budget of Rp6.7 trillion for the 2027 State Budget. The funds are designated for continuing the development of judicial and legislative facilities, alongside operational management. The indicative budget for OIKN in the 2027 draft state budget represents an increase of approximately Rp400 billion from the previous Rp6.3 trillion. This increased funding aligns with the ambitious target of completing several key infrastructure projects in Nusantara by 2027. Beyond new construction, the budget also covers the ongoing management and maintenance of existing assets, with annual infrastructure management costs currently estimated at around Rp500 billion, a figure expected to rise as more assets are transferred to OIKN.

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From Rp6.7 trillion, that's the first indicative ceiling. But the Rp5.3 trillion is to continue the judicial and legislative construction that follows. The rest is for management.