TheJakartaPost
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There is a policy vacuum in the land use and zoning of the Jakarta-Bandung high-speed railway project, as most developments along the route focus on real estate rather than multimodal access or job creation.
While the Rp 757.8 trillion (US$46.82 billion) budgeted for education next year has been hailed as the largest in modern history, experts have pointed out that deducting the free meals allocation would leave just Rp 422.8 trillion, the smallest in recent years.
The scheme will offer interest rates as low as 0.5 percent to regional administrations with eligible projects and will be channeled through state-owned infrastructure financing firm PT Sarana Multi Infrastruktur (SMI).
The future capital has a very limited water supply area, with only 0.51 percent of its total area considered high-water areas, 20.41 percent vegetation water areas and the remaining 79.08 non-water areas.
