IKN earmarks US$298mil for judicial buildings


Nusantara Capital Authority (OIKN) head Basuki Hadimuljono leads the Sacred Reflection Night ceremony ahead of Indonesia’s 81st Independence Day at Kusuma Bangsa Park in Nusantara, East Kalimantan, on Aug. 16, 2026. — The Jakarta Post

JAKARTA: The Nusantara Capital City (IKN) Authority plans to allocate 5.3 trillion rupiah (US$298mil) of its proposed 6.7 trillion rupiah budget for 2027 to continue the construction of legislative and judicial facilities in Indonesia’s future capital, IKN Authority head Basuki Hadimuljono says.

The allocation accounts for nearly 80% of the authority’s budget ceiling indicated in the 2027 state budget draft.

The proposed ceiling is around 400 billion rupiah higher than the 6.3 trillion rupiah allocation set previously.

“The 5.3 trillion rupiah is for continuing the construction of the judicial and legislative complexes.

“The rest is for management,” Basuki said in Penajam Paser Utara, East Kalimantan, as quoted by news agency Antara.

The IKN is targeting completion of the two government complexes by end-2027, as the construction of Nusantara’s core government area progresses.

The judicial complex, which will house the Supreme Court, Constitutional Court and Judicial Commission, as well as a justice plaza and a mosque, is scheduled for completion on Dec 25, 2027. — The Jakarta Post/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Strengthening competitive edge
When the chips are down
DC boom energises power players
Make cities spongy
Price homes affordable at cost
Hotel ownership, one suite at a time
Charting a new growth phase
Branching out beyond palm oil
Divided over AI fears
Indonesia faces an investor exodus

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read