Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsBut with the elections in the horizon, many investors, at home and overseas, will naturally opt to wait until Indonesia chooses a new leader who is committed to realizing the capital relocation dream.
The head of the authority tasked with planning Indonesia's new capital offers insights into the culture of his organization as well as the challenges, opportunities and excitement surrounding the most ambitious project in the country.
The relocation of the nation’s capital to East Kalimantan will require a huge sum, some Rp 466.5 trillion (US$31.31 billion). Funds from the state budget are estimated at only Rp. 91.3 trillion, or 19.6 percent of total financing needs.
A nuclear-powered submarine or a warship belonging to a foreign country could pass through the Makassar Strait very closely to the new capital Nusantara, even without giving prior notification to, or getting permission from, Indonesia.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.