Welcome to Ibu Kota Nusantara, known locally as just Nusantara or IKN. Eventually, if all goes according to plan, it will be a brand new city housing the 287 million-person archipelago\u2019s seat of government.<\/p>\n
For now, it is still a jungle. But investors from China are clearing away a lot of that land to build the capital. Without them, the flora and fauna would keep a firm grip on the area.<\/p>\n
Indonesian<\/a> government figures show that Chinese investors had spent US$29 million during 2025 to develop pieces of the capital and committed US$3.08 billion more.The Chinese investors, a pillar for the new capital\u2019s construction during a budget cut year, hope to cement long-term relations in the massive Southeast Asian market and most locals are keen to see what they can do<\/a>.Specifically, Shenzhen-based investment group Delonix, the first Chinese firm to come aboard at IKN, is developing a mixed-use commercial project. Chinese tech hardware giant Huawei Technologies<\/a> is working with local partners on \u201csmart city\u201d infrastructure, and Citic Construction is building homes.<\/p>\n Chinese firms are also taking part in road and tunnel construction work worth 27 trillion rupiah (US$1.57 billion) and mass transit projects for 28 trillion rupiah, according to data compiled by Asia-Pacific Economics.<\/p>\n \u2018The smell is awful\u2019: Indonesian capital drowning in waste<\/p>\n \u2018The smell is awful\u2019: Indonesian capital drowning in waste<\/p>\n","protected":false},"excerpt":{"rendered":"After an hour\u2019s drive through the jungle of Borneo, you reach more jungle. Your rental van from the…\n","protected":false},"author":2,"featured_media":631498,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[305885,305887,64,63,305883,298501,99,512,305886,244538,305884,164,7029,305882,4805,75403,43241,88217,49944],"class_list":{"0":"post-631497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-aniello-iannone","9":"tag-asia-pacific-economics","10":"tag-au","11":"tag-australia","12":"tag-balikpapan","13":"tag-borneo","14":"tag-business","15":"tag-china","16":"tag-citic-construction","17":"tag-dbs-bank","18":"tag-delonix","19":"tag-economy","20":"tag-huawei-technologies","21":"tag-ibu-kota-nusantara","22":"tag-indonesia","23":"tag-jakarta","24":"tag-java","25":"tag-nusantara","26":"tag-prabowo-subianto"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/631497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=631497"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/631497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/631498"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=631497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=631497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=631497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/04\/1777184770_751_maxresdefault.jpg\"\/)
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