Indonesia mulls offering land plots for embassies in Nusantara city

The plan is to encourage and facilitate countries to relocate the headquarters of their diplomatic missions from Jakarta to the future capital by 2028, said head of the IKN Authority Basuki Hadimuljono on February 17.

The design for the diplomtic compound of Indonesia's future capital city Nusantara (Photo: Antara)
The design for the diplomtic compound of Indonesia's future capital city Nusantara (Photo: Antara)

Jakarta (VNA) - The Indonesian government is considering offering free land plots to establish embassy complexes in an area designated as the diplomatic compound within Indonesia's new capital, Nusantara (IKN).

The plan is to encourage and facilitate countries to relocate the headquarters of their diplomatic missions from Jakarta to the future capital by 2028, said head of the IKN Authority Basuki Hadimuljono on February 17.

Hadimuljono highlighted President Prabowo's target of 2028 for IKN to function as the centre of political activities. The OIKN has prepared 62.9 hectares of land dedicated to the planned diplomatic compound to reach this end, he added.

The compound, situated in Nusantara's Central Government Core Area (KIPP), is envisioned as a compact and integrated facility for foreign diplomatic officials.

This premise is also designed to align with international standards and Nusantara's forest city concept, which advocates sustainable development.

According to the plan, the area will encompass entertainment venues, retail and commercial spaces, restaurants, and parks. In addition to the diplomatic compound, the OIKN has prepared land for offices of international organizations in the KIPP.

Under President Prabowo’s administration, the development of Nusantara continues, with plans to govern it as the political capital city in the next four to five years. Construction for executive institutions, such as ministries and national agencies, is nearly complete, and work has begun on buildings for legislative and judicial institutions./.

VNA

See more

Indonesia to develop new DeepSeek

Indonesia to develop new DeepSeek

According to last year’s e-Conomy SEA report, Southeast Asia’s young, digital-savvy population has a keen interest in AI-powered products while AI-related searches in the region grew 11 times from 2020 to 2024.

Participants at the Cambodia-ASEAN Business Summit 2024 in Phnom Penh, Cambodia. (Photo: https://www.khmertimeskh.com/)

Cambodia-ASEAN summit to boost intra-bloc economic cooperation

The Cambodia ASEAN Business Summit 2025 is poised to be a pivotal event, attracting a diverse audience and contributing significantly to accelerating economic growth, strengthening regional integration, and promoting sustainable development in Cambodia and the ASEAN region.

A high-mobility vehicle of the Ground Self-Defense Force. (Photo: Yomiuri Shimbun)

Japan, Philippines plan to establish defence equipment export framework

Japanese Defence Minister Gen Nakatani is expected to visit Manila from February 22 and reach an agreement with Philippine Secretary of National Defence Gilberto Teodoro Jr. on the envisaged framework. The establishment of this new framework aims to strengthen Japan-Philippines defence cooperation.

Minister of Micro, Small, and Medium Enterprises Maman Abdurrahman (Photo: antaranews.com)

MSMEs drive Indonesia’s economic growth

Indonesian Minister of Micro, Small, and Medium Enterprises (MSMEs) Maman Abdurrahman also introduced three government initiatives to support the sector, namely enhancing management and production quality, providing financial assistance, and building a sustainable business ecosystem.

The Republic of Korea’s powdered milk products have surged in popularity across Southeast Asia. (Photo: Getty Images)

RoK’s powdered milk export to ASEAN soars

Korean powdered milk export to Vietnam has risen 1.6-fold over the past decade, reaching 15 million USD last year. Lotte Wellfood, the confectionery arm of Lotte Group, has seen strong export growth, having introduced a Vietnam-specific formula product in 2019.

Philippines considers nickel export ban

Philippines considers nickel export ban

The Philippine Government is considering a ban on raw nickel ore exports to boost its domestic processing industry, which could lead to higher international nickel prices.

Illustrative photo (Photo: omy.sg)

Singapore’s gold export to US increases sharply

According to data from state agency Enterprise Singapore, volumes of gold shipped from Singapore to the US rose to about 11 tonnes in January, up 27% from December, and the largest amount since March 2022.