Indonesian Political, Business & Finance News

Archive: 13 August 2024

1 article found

Projected Readiness of Indonesia's New Capital City: Nusantara

Indonesia is constructing Nusantara, a new capital city in East Kalimantan designed as a smart, sustainable alternative to overcrowded and sinking Jakarta, with its initial administrative phase projected for completion by the end of 2024 and full development by 2035. The massive infrastructure project, approximately 20% complete, aims to set new standards for urban development in Southeast Asia whilst addressing significant challenges including securing investment, protecting biodiversity, and m