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US provides $4m grant to support Nusantara, RI-Malaysia power grid study
The initial $2 million grant for new capital would be used for technical assistance in designing and developing smart city infrastructure.
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Meeting to discuss future US$2 million funding for the new capital city Nusantara from the United States Trade and Development Agency (USTDA), (left to right) United States Embassy in Jakarta acting deputy chief of mission Eric Alexander, US Trade and Development Agency (USTDA) director Enoh T. Ebong, Nusantara Capital City (IKN) Authority head Bambang Susantono and IKN Authority deputy for green and digital transformation Ali Berawi pose for a photo in a press briefing at Four Seasons Hotel in Jakarta on March 7. (JP/Ruth Dea Juwita)
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he United States is providing a US$4 million grant to support the development of Indonesia’s future capital city Nusantara and to fund a study on power transmission lines connecting Indonesia and Malaysia.
The US Trade and Development Agency (USTDA) would provide the first $2 million to the Nusantara Capital City (IKN) Authority, which it would use as part of technical assistance in designing and developing smart city infrastructure for the new capital in East Kalimantan.
“This is the work that needs doing, to define the technical requirements and to attract the financing investment needed for further implementation,” said USTDA director Enoh T. Ebong in a press briefing on Thursday.
“On Friday, I will travel to the future site of Nusantara to see it firsthand and inform our future programming in support of its development.”
The agency also seeks to host a business forum in Jakarta this month to connect US companies with both Indonesian officials and the private sector interested in partnering on smart city projects for the new capital.
In April it plans to bring Indonesian officials to the US to learn about US smart city technologies and to explore potential financing and investment opportunities.
Read also: IKN draws no foreign funds so far, but lots of interest: Jokowi
