Indonesia pledges US$40b to modernise Jakarta


JAKARTA: The Indonesian government is not abandoning Jakarta after announcing plans to move the country’s capital, its planning minister said, pledging to spend US$40bil to save the slowly sinking city in the next decade.

The current Indonesian capital will undergo a 571 trillion rupiah (US$40.18bil) urban regeneration in the next 10 years, more than the US$33bil expected cost to build a new capital city on Borneo island, Bambang Brodjonegoro told Reuters in an interview.

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Indonesia , modernise , Jakarta , capital , Kalimantan ,

   

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