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ADB grants Indonesia USD2.4m for new capital Nusantara

The Asian Development Bank (ADB) has provided Indonesia with IDR37.22bn (USD2.4m) in technical assistance for the development of its new capital, Nusantara, in East Kalimantan. ADB Country Director for Indonesia, Jiro Tominaga, stated that the grant will focus on planning and design, minimising construction impacts, and financial mobilisation for the sustainable and habitable development of the city. While the long-term economic impact of this urban relocation project remains uncertain, the ADB’s involvement is key in aligning the city’s development with Indonesia’s vision of a green and smart capital. Furthermore, the ADB has approved a substantial USD650m loan to improve Indonesia’s healthcare facilities. This funding aims to standardise primary healthcare services and increase accessibility, especially for the poor and those in rural or remote areas.


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