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Indonesia's Nusantara grant 2.49 million USD from US for smart city planning

The project is supported through a grant from the US Trade and Development Agency (USTDA), aimed at promoting economic development in developing countries while strengthening trade and investment partnerships.

Jakarta (VNA) – Indonesia’s Nusantara Capital Authority (OIKN) has received a 2.49 million USD grant from the US government to help strengthen smart city planning, reflecting international confidence in the sustainable development of the country’s new capital.

Head of the Nusantara Capital Authority (OIKN) Basuki Hadimuljono said the grant support reflects international trust in the vision of developing IKN as a future city based on technology and sustainability.

The project is supported through a grant from the US Trade and Development Agency (USTDA), aimed at promoting economic development in developing countries while strengthening trade and investment partnerships.

A cooperation contract for the technical assistance was signed at the OIKN office a day earlier, the authority said.

Hadimuljono stated this cooperation is a strategic step to strengthen planning of IKN’s integrated, investment-ready and implementable smart city blueprint, in order to accelerate Nusantara’s transformation into a smart, sustainable city that is attractive to global investors.

The technical assistance will produce strategic and technical documents, including a Smart City Enterprise Architecture, procurement-ready request-for-proposal packages, a financial and investment model, an ESG-compliant framework, a capacity-building roadmap and an implementation phasing plan.

OIKN said all of these components are designed to ensure that the implementation of IKN’s smart city is carried out in a structured and transparent manner, aligned with Environmental, Social, and Governance (ESG) principles, through a consortium-based project approach.

Hadimuljono added digital transformation is the main foundation of Nusantara’s development. Moreover, the vision is very clear, Nusantara must become a green, sustainable, and fundamentally smart city.

Meanwhile, Subhranshu Sekhar Das, an advisory board member of Frost & Sullivan America and project director of the initiative, outlined the long-term vision for developing a cognitive city.

He said Nusantara has the opportunity to become more than just a smart city, it can evolve into a cognitive city. As the global knowledge industry transforms, cities must shift from static digital infrastructure toward adaptive intelligence systems./.

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#Indonesia #smart city #Nusantara #US government #Nusantara Capital Authority Indonesia
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