How Indonesia is Building a New Capital City Called Nusantara - A Forest City Megaproject

Indonesia's $33BN New Capital City - Nusantara
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Indonesia's government wants to move the capital from Jakarta on the island of Java to island of Borneo. Nearly 33 billion dollars will be spent to build the new metropolis Nusantara. The relocation is expected to take decades.

Indonesia is building a new capital from scratch in the island of Borneo called Nusantara. The move to this future city will cost an estimated $35 billion, and Nusantara is expected to be home to almost 2 million residents by 2045. Indonesia's present capital Jakarta is quite literally sinking. It is burdened by issues of overpopulation and severe flooding, and president Joko Widodo wants to relieve some of the pressure on Jakarta by constructing a new capital.
Indonesia is constructing an entire new capital city in Borneo called Nusantara — from scratch. What's at stake?

Indonesia is building a new, $33 billion dollar capital city on the island of Borneo. Jakarta, Indonesia’s current capital and economic center, faces a variety of issues, including land subsidence, pollution and congestion. Because of this, in 2019, the government decided to relocate the capital away from Jakarta and build a new capital city in the province of East Kalimantan in Borneo. Named Nusantara, the new capital city is planned to be a digital smart city surrounded by a lush tropical landscape. It will bring many key benefits to Indonesia but will also have some issues and drawbacks. With construction having started in 2022, the first phase is planned to open in 2024. By the time its completed in 2045, it will host 1.9 million people and generate millions of jobs for Indonesia.

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Видео How Indonesia is Building a New Capital City Called Nusantara - A Forest City Megaproject канала The Primest - The Money Channel