US supports Indonesia in developing new capital city
Jakarta (VNA) – The US Trade and Development Agency
(USTDA) has approved grant funding of 31.3 billion IDR (over 2 million USD)
to Indonesia to develop its new capital city of Nusantara (IKN).
Speaking at a press conference held by the US Embassy in
Indonesia on March 7, USTDA Director Enoh T. Ebong said that the US
provides funding to the Nusantara Capital Authority for technical assistance to
develop detailed designs, technical specifications, procurement documentation,
and a capacity building strategy to support the development of Nusantara’s
priority smart city infrastructure.
Next month, the USTDA will host a reverse trade mission to bring
to the US an Indonesian delegation of senior officials and decision-makers to New York, Texas and California to meet US experts on infrastructure, policy and management in order to help the Southeast Asian overcome challenges on infrastructure that developing countries are facing.
At the press conference, Chairman of the Nusantara National
Capital Authority (IKN) Bambang Susantono said that IKN will not only be a
green capital city but also a smart, inclusive and sustainable one. It applies
the latest technological advancements in various fields as a basis for city
development to create a comprehensive ecosystem in addressing various aspects
including smart governance, transportation and mobility, smart living,
resources, energy, smart industry, human resources, environment and
infrastructure.
According to the official, 20% of the investment in IKN is from the national budget, while the remaining funding is private capital./.