Indonesia's President Prabowo to spend $3 billion on new capital city through 2029
Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of relocating the government there ...
Eco-business8d
In pictures: Indonesia’s new capital – futuristic forest city or white elephant?
Around 3,000 to 5,000 people visit Ibu Kota Nusantara (IKN), Indonesia’s under-construction capital in East Kalimantan on the island ... “People want to see a new, modern Indonesian city,” an ...
Tempo11d
Prabowo Targets IKN to Become Indonesia's Political Capital, What Does It Mean?
President Prabowo Subianto is targeting the Indonesian Capital City or IKN to become the political capital of Indonesia in ...
Wall Street Journal6mon
Why a Plan to Save Indonesia’s Sinking Capital Is Falling Apart
Jakarta is the world's fastest sinking city. But the Indonesian government's plan to move the capital 800 miles away risks draining the country's resources and damaging its reputation as investors ...
The Diplomat2d
Indonesia Approves Creation of Second Sovereign Investment Fund
The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...
India.com28d
Another Muslim country on path of Indonesia, changing its capital due to…, its new capital will be…; not Jordan, Kuwait, Saudi Arabia
Jakarta, the capital of Indonesia, is gradually sinking into the sea, prompting the government to declare its intention to move the capital ... confronting the city. Tehran residents are grappling ...
The Straits Times17d
Indonesia's President Prabowo to spend $3 billion on new capital city through 2029
JAKARTA - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara ... Widodo wanted to move the ...