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World 6 years ago
PREMIUM
Discourse: Brasilia constructed for sovereignty, equal development
There are many things a country can do to maintain its sovereignty. For Brazil, it was to build a new capital city in 1960 about 1,000 kilometers northwest of Rio de Janeiro, which had been the capital for centuries. The Jakarta Post’s Apriza Pinandita talked with Brazilian Ambassador to Indonesia Rubem Antonio Correa Barbosa about the country’s experience relocating the capital.
Business 6 years ago
PREMIUM
4 cities to be transformed into major metropolises in new plan to improve economic equality
Aside from the capital relocation, the government has also set its sights on transforming four regional cities into major metropolises, namely Palembang in South Sumatra, Banjarmasin in South Kalimantan, Makassar in South Sulawesi and Denpasar in Bali.
Opinion 6 years ago
PREMIUM
Capital city relocation and government property management
The government has decided to relocate its capital city from Jakarta to East Kalimantan. The whole development is estimated to cost Rp 460 trillion (US$32.8 billion), of which about 20 percent is expected to be financed by the proceeds from asset optimization, particularly from property surplus in Jakarta.
Business 6 years ago
New capital city to contribute little to Indonesia’s economic growth: Indef
Indonesia’s new capital city will only contribute an additional 0.02 of a percentage point to the country’s economic growth, and the impact will also be short lived, according to Institute for Development of Economics and Finance (Indef) research.
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