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View all search resultsEuropean Union (EU) Ambassador to Indonesia Vincent Piket has said that EU companies are keen on investing in Indonesia’s new capital city, signaling the availability of more private funding options for the multibillion dollar project.
Indonesia has put on the backburner President Joko Widodo's ambitious $33-billion project to relocate the capital city to the island of Borneo as it grapples to rein in the coronavirus pandemic, the planning minister said.
East Kalimantan Governor Isran Noor has called on the central government to be more mindful of the lush forests covering parts of the province as Jakarta moves forward with its long-term plan to relocate the country's capital city to the region.
Indonesia’s future capital is to be turned into an autonomous province, with the exception of the city’s center of government, which is to be a special region, according to the National Development Planning Agency (Bappenas).
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