Indonesia celebrated its 79th Independence Day in Nusantara, the future capital city, which is a major project of President Joko Widodo. However, the construction of Nusantara has faced significant delays and rising costs. Key government buildings are incomplete, and the number of guests for the c...
Indonesia's new capital city mega project has been estimated to cost around 466 trillion rupiahs (about 32 billion U.S. dollars). Previously, Japan's SoftBank Group, a noted investor, was reportedly ready to invest no less than 30 billion dollars on the construction of the new capital but...
Indonesia's new capital city 印尼总统宣布迁都计划 A jungle-covered area on the east side of Borneo Island is set to be transformed into Indonesia's new capital city. Concerns over the sustainability of the congested and rapidly sinking political center of Jakarta prompted the need for a new ca...
Previously, Softbank had expressed its intention to fund the new capital city project, but the Japanese investor canceled it. "Softbank has resigned since its shares dropped," said Pandjaitan. Another commitment has come from the Asian Development Bank (ADB). The Manila-based institution said i...
Indonesia is moving its capital from Jakarta to a new city. In this session, we'll explore how Indonesia’s Ministry of Public Works and Housing is implementing building information modeling (BIM) in megaproject “Indonesia’s New Capital City,” specifically the highway pr...
Experts and activists say the construction of Indonesia’s new capital city upstream of Balikpapan Bay on the island of Borneo fails to mitigate against damage to the marine ecosystem.
as an enabler of smart city development, will be utilized as a solution to tackle urban problems. For the well-being of societies, technological innovation will surely contribute to the development of a new model of social, economic, and environmental growth to make the capital city more modern...
There is a continual demand for new infrastructure development, as shown by the ongoing new capital city project, Nusantara. It’s projected that, in the five years to the end of 2024, the country will need over US$400bn in infrastructure investment. To bridge that funding gap, Indonesia ...
Indonesia is expected to start the realization of a housing project in the new capital in the second quarter of the current year, which may support local steel manufacturers. In Q2, the country is forecasted to begin the construction of apartments worth $2.7 billion in its new capital city ...
Among all candidates, Subianto came as the one who pledged that he would continue Widodo's efforts to develop downstream industries and New Capital City project. Anies Baswedan and his running mate Muhaimin Iskandar held their last campaign at the Jakarta International Stadium (JIS) in north Jakart...