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View all search resultsA surprise press conference revealed on Monday that the IKN Authority head and deputy head had both quit, weeks after the President had received their resignation letters, which experts say could be a bad sign for the nation's new capital and both existing and potential investors.
President Joko “Jokowi’’ Widodo’s ambition to relocate the national capital to Nusantara in East Kalimantan as his signature legacy will hinge on his success in holding a ceremony to mark Indonesia’s independence anniversary on Aug. 17 in the new city. The major hurdle to the plan is moving thousands of civil servants to Nusantara in a relatively short time.
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