Indonesia enlists McKinsey’s help to move capital to Borneo

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

New first city will be situated in forest, away from crowded, flood-prone Jakarta. FMTNews

JAKARTA: An Indonesian unit of management consultants McKinsey & Company has been appointed to conduct a feasibility study on moving the capital from the crowded, flood-prone city of Jakarta on Java island to the forested island of Borneo, an official said.

The government estimates it will cost US$33 billion to move the capital and build government offices and housing. “They will not start from zero as we have done many studies. They will determine the strategy going forward that’s why we are looking for world-class consultants,” Prawiradinata said by telephone.

The result of the US$1.77 million tender, which was announced on a government website, attracted 103 candidates, including groups involving Roland Berger and Boston Consulting.Ed Baker, a Singapore-based urban planner who was involved in the bidding process, said the study included picking the right location based on various criteria and “also understanding the financial reality … the investment mechanisms to start funding a project like this, whether public or private”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What about haze? When can Indonesian President JokersWeeWee stop hiding and peel his dickhead out from under his foreskin and do something about that. Permanently. He’s been keeping a fockingly low profile ever since the haze fiasco started.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia will benefit from Indonesia relocating its capital to KalimantanKUALA LUMPUR: Malaysia will benefit from Indonesia’s decision to relocate its capital to East Kalimantan on Borneo island, Deputy Foreign Minister Datuk Marzuki Yahya told the Dewan Rakyat. Real degree sudah dapat ka Datuk?
Source: staronline - 🏆 4. / 75 Read more »

East Malaysia seeking to benefit from Indonesia's capital city move to KalimantanKOTA KINABALU: Sabah and Sarawak are looking at ways to capitalise on Indonesia's capital city move to Kalimantan in a bid to boost socio-economy for the two states. Certainly benefits will come to both east M'sian states. Cross border tourism will surge. Hotels will register more occupancy. Trade/goods/vehicles will pick up very fast. Hardware/construction/telecom~n materials needed in bulks near borders. More air traffic/ human movement.
Source: staronline - 🏆 4. / 75 Read more »

Sabah, Sarawak plan to reap benefits of Indonesia’s new capital | The Malaysian InsightIndonesia is relocating its capital to East Kalimantan, bordering both Sabah and Sarawak.
Source: msianinsight - 🏆 8. / 63 Read more »

Pan Borneo Highway: Tenders for three packages by Q1 2020KUALA LUMPUR: The government will call for tenders for three new work packages worth RM980mil for the Pan Borneo Highway project in the first quarter of next year, the Parliament was told.
Source: staronline - 🏆 4. / 75 Read more »

Govt to tender out new Pan Borneo Highway packages in 2020KUALA LUMPUR: The government will tender out three new work packages under the Pan Borneo Highway project in the first quarter of next year, the Dewan Rakyat was told today. Mala jak tender. X habis2. Bila mok siap
Source: NST_Online - 🏆 17. / 53 Read more »

Sabah, Sarawak mull setting up airline to serve BorneoKOTA KINABALU: Sabah and Sarawak are considering the possibility of setting up an airline to serve the two states as well as other areas within Borneo. Haha..Indonesia yg beribu-ribu pulau tidak ada bnyak sya.pnerbngan pun..apa masalah sbenarnya can takeover MAS Wing if they think they can make an airline viable there. So a govt run airline in one of the MOST competitive businesses out there. What a “great” idea.
Source: staronline - 🏆 4. / 75 Read more »