JAKARTA--Jakarta is congested, polluted, prone to earthquakes and rapidly sinking into the Java Sea. Now the government is leaving, and moving the country’s capital to the island of Borneo.

Around 3,000 to 5,000 people visit Ibu Kota Nusantara (IKN), Indonesia’s under-construction capital in ... That could change as more people flock to the new capital. Dewi worries that the influx of ...

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 ...

Indonesia is poised to shift at least $61 billion of state assets into a powerful new investment fund that reports directly ...

Jakarta, the capital of Indonesia, is gradually sinking into the sea, prompting the government to declare its intention to move the capital to a safer location ... “The new capital will ...

Indonesia's future capital, Nusantara, is under construction, but some believe that it will be difficult to replace Jakarta as the country's administrative and economic center. Source: AP / AP ...

The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...

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 ...

A new 50MW solar-plus-storage plant near Indonesia’s new capital city, Nusantara ... The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Indonesia's President Prabowo to Spend $3 Billion on New Capital City Through 2029 JAKARTA (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion ...

JAKARTA, Jan 21 (Reuters) - 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 ...