IndonesianPresident Joko Widodo has announced that the country will relocate its capitalJakartato the island ofBorneo. Taking on concerns of overcrowding, pollution, and income disparity, the move also hopes to address issues of extreme land subsidence. The new city would be built over 800 miles a...
Indonesia mulls moving its bursting capitalALI KOTARUMALOS
Jakarta is soon to become an ex-capital city. Indonesia is planning to move its administrative headquarters from its richest island of Java to the forest island of Borneo. President Joko Widodo is betting that a new capital for the Southeast Asian nation will better spread the wealth among its...
Pardede said these loans can be used to finance the country's infrastructure projects, including the construction of Nusantara Capital City, Indonesia's planned new national capital. Muhammad Habib Abiyan Dzakwan, a researcher at the ...
JAKARTA, Feb. 26 (Xinhua) -- Indonesia on Monday strongly condemned the United States' plan to start moving its embassy to Jerusalem in May, saying that the move would violate United Nations resolutions and derail the peace process based on two-state solution. ...
Moving up the competitiveness ladder Indonesia has improved its performance on the IMD Global Competitive Index over the last few years, ranking 34h in 2023. 03 An emerging middle-income country This G20 member has been working to reduce poverty and map out impressive economic growth since the ...
Investment Introduction Indonesia welcomes foreign investment on its own terms. Government policies aim at ensuring that foreigners work with Indonesians to assist in development of the country's economy and skill-base. There is a general recognition that Indonesia needs the development capital, and ...
In February 2019 Indonesian President Joko Widodo filed a letter of intent with the International Olympic Committee (IOC) declaring current capital Jakarta’s bid to host in 2032, but last August the nation with a population of over 270 million people approved plans to ...
Moving the capital off the island of Java is also a way of strengthening national unity by integrating Indonesia as a whole and rebalancing economic activity across the country. Nusantara lies at the centre of the Indonesian archipelago and its 17,000 islands, whereas Jakarta i...
Related article Indonesia plans to relocate its capital from Jakarta It’s also one of the fastest-sinking cities on Earth, according to the World Economic Forum, dropping into the Java Sea at an alarming rate due to over-extraction of groundwater. The city sits on swampy ground and hugs...