Capital One Indonesia. Indonesian president unveils site of new capital on Borneo island – Aug 26 2019 It will be located in the vicinity of Balikpapan an East Kalimantan seaport with a.
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In August 2019 President Joko Widodo first announced that the capital would be shifted from Jakarta on the island of Java which has served as the national capital since Indonesia’s independence.
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Indonesian parliament last week passed the state capital bill into law giving green light to President Joko Widodo to start a $34 billion construction project this year to.
Indonesia moves ahead with plan for new capital to …
The new capital is to be named Nusantara a Javanese word for archipelago reflecting Indonesia’s geography Indonesian President Joko Widodo announced the move in 2019 but some analysts have.
Indonesia is building a new capital because its current one
Indonesia’s new capital which was first announced in 2019 is estimated to cost over US$35 billion to construct The government has also just announced the name ‘Nusantara’ meaning archipelago – to be the new capital’s name It is meant to underline Indonesia’s official national motto of Bhinneka Tunggal Ika (Unity in Diversity).
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