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View all search resultsResistance has been growing against a plan to erect a 100-meter-tall statue of Indonesia’s founding father Sukarno in a new economic hub in West Java, as some observers have questioned the urgency and purpose of the costly project.
The government will inject US$1.34 billion of state capital injection to state-owned construction Hutama Karya (HK) and Wijaya Karya. It also plans to transfer ownership of Waskita Karya to HK.
Construction work in the new capital will pressure a fragile physical and socioeconomic environment as land is cleared for new office buildings, homes and the infrastructure needed for a modern national government.
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