Saturday, 08 August 2026
Indonesia’s new capital, Nusantara, is attracting attention from international businesses, and Spain is one of the countries showing interest. Representatives from Spain expressed interest in cooperating with Indonesia in the development of IKN, adding another international connection to the country’s ambitious new capital project.
The interest came during a meeting between representatives from Spain, Finland, and Indonesia’s IKN Authority. Spanish representatives included Spain’s Ambassador to Indonesia, Francisco Aguilera Aranda, and Spanish trade attaché Jose Angel Molero Gonzalez.
For Spain, Nusantara is more than just a new city. It could become a potential market for companies with expertise in infrastructure, urban development, technology, and sustainable projects.
The Spanish side also had an interesting reason for being interested in the project. The Spanish ambassador pointed out that Spain had experienced a capital-city move in the past, suggesting that the country could share its experience with Indonesia as Nusantara develops.
This creates an interesting opportunity for Spanish businesses. Developing a completely new capital requires a huge range of services and solutions. From transportation and infrastructure to digital systems and sustainable urban planning, there are many areas where foreign companies could potentially participate.
Indonesia’s IKN Authority has also made it clear that it is open to cooperation with investors from different countries. At the time, several countries, including South Korea and Saudi Arabia, had already shown interest in working with the authority.
One of the most attractive aspects of Nusantara is its vision as a sustainable and smart city. The development plan aims to maintain a large proportion of the city as green space. According to the IKN Authority, buildings are planned to occupy around 25 percent of the city’s area, while approximately 75 percent is intended to remain green. About 65 percent of that green area is planned as tropical forest that can function as a carbon sink.
That vision could create opportunities for businesses specializing in green technology and sustainable urban solutions. Spain itself has companies with experience in areas such as infrastructure, renewable energy, transportation, construction, and urban technology, making the Indonesian market potentially interesting for future cooperation.
However, it is important to understand that an expression of interest is not the same as a confirmed investment. At this stage, the Spanish interest should be viewed as an early indication that Indonesian infrastructure projects are attracting international attention.
For Indonesia, this international interest is still meaningful. The development of Nusantara requires not only government funding but also partnerships, technology, expertise, and private-sector participation.
As construction and development continue, more international companies may look at Nusantara as a new economic opportunity. Spanish businesses could potentially become part of that story if discussions develop into concrete projects.
In the bigger picture, Spain’s interest shows how the development of Indonesia’s new capital is becoming an international business conversation. Nusantara is still a work in progress, but its ambition to become a modern, sustainable city is already attracting attention beyond Indonesia.
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