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Search result with “State Capital Nusantara” as a keyword founded 215 news.

Nusantara Secures Rp 1.2 Trillion Investment for Public Facilities

... capital, Nusantara, East Kalimantan. The agreements, signed on Monday, involve Surabaya State ... University and four construction companies: Balikpapan Ready Mix Nusantara, ... ’s ongoing infrastructure expansion. Nusantara Authority Head Basuki Hadimuljono ...
Business Feb 25, 2025 | 12:01 pm

Danantara to Eventually Oversee Entire SOE Portfolio, CEO Rosan Says

... fund, Daya Anagata Nusantara (Danantara), will oversee all state-owned enterprises (SOEs ... signaling a major restructuring of Indonesia’s state assets. The initial phase will ... billion (Rp 325.8 trillion), channeling capital into strategic projects focused on ...
Business Feb 24, 2025 | 7:07 pm

Prabowo Appoints Rosan, Pandu, and Dony to Lead $900 Billion Danantara Fund

... wealth fund, Daya Anagata Nusantara (Danantara). The fund ... Seabank Indonesia, and Intermedia Capital (MDIA), the parent company ... Oskaria A longtime executive in state-owned enterprises, Dony was ... of state-owned assets. The entity will drive capital allocation ...
Business Feb 24, 2025 | 5:06 pm

Indonesia Drops Nusantara Study Visits to Egypt, Turkey, and India Due to Budget Constrains

... building designs in Indonesia’s new capital, Nusantara, due to budget efficiency measures ... Minister Agus Harimurti Yudhoyono and Nusantara Capital Authority Head Basuki Hadimuljono ... 38 trillion ($5 billion) reduction in state spending. The cuts have impacted ...
News Feb 22, 2025 | 11:22 am

Luhut Reassures Public on Danantara as Calls to Withdraw Funds from State Banks Rise

... the country’s reliance on state budgets and international lenders. ... , short for Daya Anagata Nusantara (meaning “the future power ... management of Indonesia’s largest state-owned enterprises (SOEs), ... founding partner of venture capital firm AC Ventures and ...
Business Feb 18, 2025 | 3:56 pm

Turkish President Erdogan Backs Prabowo’s 3 Million Housing Dream

... on the multibillion-dollar capital relocation. Indonesia is currently ... constructing an entirely new capital from scratch in East ... part in [Indonesia’s new capital] Nusantara development by involving our ... idle lands owned by state-owned enterprises such as ...
News Feb 12, 2025 | 9:05 pm

What We Know About Danantara, Indonesia’s Second Sovereign Wealth Fund

... manage $10.5 billion in capital and state assets, becoming operational in 2021 ... have overlapping responsibilities in managing state investments in strategic sectors. A key ... completion of the new national capital, Nusantara, a project initiated by Jokowi and ...
Business Feb 5, 2025 | 6:29 am

Prabowo to Continue Nusantara Development with $3 Billion Budget Until 2029

... development of the new national capital, Nusantara, in East Kalimantan, a project initiated ... a meeting with Prabowo at the State Palace in Jakarta. With the ... State Palace and the Garuda Palace ...
Business Feb 4, 2025 | 3:29 am

DPR Set to Approve Revised SOEs Law, Paving the Way for Danantara Investment Superholding

... of investment superholding Daya Anagata Nusantara (Danantara), that would manage ... managing state-owned enterprises' investments. The law stipulates that the minimum capital ... law. Establishing the Daya Anagata Nusantara Investment Management Agency (BPI ...
Business Feb 3, 2025 | 5:47 pm

Axiata, Sinar Mas Ink LoI on XLSmart $6.5 Billion Merger

... construction site of the new state capital Nusantara in East Kalimantan, on June ...
Tech Jan 28, 2025 | 10:52 am

Prabowo Remains Fully Committed to Nusantara Despite Lack of Visit as President: Spokesman

... . “Prabowo’s commitment to the new capital Nusantara development is no less than ... up pace for the State Mosque in Nusantara, which broke ground early ... would gradually allocate less state budget to the capital relocation. Dedek also ...
News Jan 20, 2025 | 8:00 am

Banks in New Capital to Begin Operations Next Year

... Construction in the new capital Nusantara is very much in progress ... in the new capital, including the state-run bank Mandiri and ... its digital services office in Nusantara last February. BRI is ... government officials, will move to Nusantara later in the future. ...
Business Jan 20, 2025 | 7:25 am

Jokowi Doesn’t Mind Prabowo Evaluating His National Strategic Projects

... construction work of Indonesia's new capital Nusantara in East Kalimantan on Nov ... currently building an entirely new capital called Nusantara in East Kalimantan from ... the state budget for the relocation. [I] have long entrusted [the capital relocation ...
News Jan 14, 2025 | 4:15 pm

Indonesia Spends $2.69 Billion for Development of Future Capital Nusantara

... the State Budget in 2024 for the development of Indonesia's future capital, Nusantara ... buildings in the State Palace area, ministry offices, the Nusantara Authority building ... and flood control measures around Nusantara. Suahasil highlighted the positive impact ...
News Jan 6, 2025 | 5:25 pm

The Foreign Investors Who Invested in Indonesia in 2024

... material producer after China. New Capital Nusantara Indonesia is planning to replace ... of Jakarta with the new capital Nusantara in East Kalimantan. Jokowi has ... a meeting with Jokowi at the State Palace in Jakarta, Wednesday, April ...
Business Dec 31, 2024 | 4:55 pm

From Jokowi to Prabowo: 2024 Marks New Chapter for Indonesia

... 'Jokowi' delivers his last state of the nation address at ... of all is the new capital Nusantara, which lies in East Kalimantan ... repent by returning the stolen state assets. As president, Prabowo -- ... like the G20 and make state visits. Outgoing US President ...
News Dec 30, 2024 | 12:53 pm

Trump and SoftBank to Announce $100 Billion US Investment Plan

... the construction of Indonesia’s new capital city, Nusantara. Former Chief Investment Minister ... billion, relies on a combination of state funding and private investment. SoftBank ... begin working from the new capital, Nusantara, in August 2028.
Business Dec 16, 2024 | 10:09 pm

Nusantara Prepares Additional Residences for New Cabinet Ministers

... Subianto's administration within the future capital, Nusantara. During President Joko "Jokowi" Widodo ... facilitate the gradual relocation of state officials beginning in 2025. "For ... the first phase of the State Civil Apparatus relocation is on ...
News Nov 18, 2024 | 6:08 pm

PTPP Records Rp 24.4 Trillion New Contracts as of October

Jakarta. State-owned construction and investment firm ... .76 percent came from fellow state-owned enterprises, while the private ... 4 residential towers in the new capital Nusantara. Q3 Financial Performance As of ...
Special Updates Nov 12, 2024 | 3:57 pm

Prabowo Picks Basuki Hadimuljono to Lead New Capital Authority

... the development of Indonesia’s new capital Nusantara. Basuki was previously the acting ... head of the Nusantara Capital Authority, succeeding Bambang Susantono who ... Widodo inaugurates the State Palace at the new capital Nusantara, East Kalimantan, on ...
News Nov 5, 2024 | 2:37 pm
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