The new capital of Indonesia, Nusantara, planned for East Kalimantan, on the island of Borneo, is scheduled to be completed by 2024. To aid in its completion, the government has enacted regulations to provide various incentives for businesses to contribute to its development.* Incentives include:

• simplification and/or exemption in relation to various business licences;
• exemptions relating to affordable housing;
• generous residency permits for foreign workers;
• various tax incentives.

Various criteria apply to each incentive.

*Government Regulation Number 12 Year 2023 on the Issuance of Business Licenses, Ease of Doing Business, and Investment Facilities for Business Actors in Capital City of Nusantara.