JAKARTA (Reuters) - The Indonesian government is not abandoning Jakarta after announcing plans to move the country's capital, its planning minister said, pledging to spend $40 billion to save the slowly sinking city in the next decade.
The current Indonesian capital will undergo a 571 trillion rupiah (£32.73 billion or $40.18 billion) urban regeneration in the next 10 years, more than the $33 billion expected cost to build a new capital city on Borneo island, Bambang Brodjonegoro told Reuters in an interview.
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