: The new capital of Indonesia in East Kalimantan has been named Nusantara, National Development Planning Minister Suharso Monoarfa said during a meeting with the working committee for the new capital city bill today at the Parliament.The new capital city is one of Jokowi’s priority infrastructure development projects in Indonesia as the catalyst for unlocking overall economic potential, promoting growth, creating jobs and reducing poverty.
Indonesia set aside US$35.8 million in the 2022 state budget for the construction of the new capital. The entire project costs US$35 billion. Actual physical construction could start this year awaiting the capital city bill approval by the parliament. On Sept 9 last year, Jokowi signed Presidential Regulation No. 85 of 2021 on Government Work Plans for 2022, which comprises eight strategic steps to speed up the transformation of Kalimantan, including the building of the new capital city complete with supporting infrastructure.
Others include accelerating investment realisation, optimising the development of commodities and increasing legal certainty on land ownership by issuing land rights certificates. - Bernama
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:
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.
Ibu negara baharu Indonesia dinamakan NusantaraIbu negara baharu Indonesia dinamakan Nusantara Kalau diberi kepada pemaju hartanah Malaysia, dinamakan Jakarta East. Macam ni besok nusantara city tu..
Source: UMonline - 🏆 27. / 51 Read more »
Indonesia reports over 1,000 daily Covid-19 casesJAKARTA: Indonesia reported 1,054 new Covid-19 cases today, the highest daily increase in three months, as the government braces for a new wave of cor...
Source: theSundaily - 🏆 25. / 51 Read more »
Indonesia to introduce new tax breaks on property, car sales | Malay MailJAKARTA, Jan 17 — Indonesia will introduce new tax breaks on property and automotive sales this year in a bid to accelerate its economic recovery from the Covid-19 pandemic as authorities prepare for the spread of the Omicron variant, top officials said yesterday. New coronavirus infections in...
Source: malaymail - 🏆 1. / 86 Read more »
Indonesia to introduce new tax breaks on property, car sales | New Straits TimesJAKARTA: Indonesia will introduce new tax breaks on property and automotive sales this year in a bid to accelerate its economic recovery from the Covid-19 pandemic as authorities prepare for the spread of the Omicron variant, top officials said on Sunday.
Source: NST_Online - 🏆 17. / 53 Read more »
Indonesia reports over 1,000 daily Covid-19 cases, highest in 3 months | New Straits TimesNSTworld Indonesia reported 1,054 new Covid19 cases on Saturday, the highest daily increase in three months, as the government braces for a new wave of coronavirus infections driven by the spread of the Omicron variant.
Source: NST_Online - 🏆 17. / 53 Read more »
PGA7 rampas hampir RM5 juta menerusi 'Op Benteng Covid-19 Kelantan' | The Malaysian InsightSeramai 125 orang yang disyaki terbabit turut ditahan termasuk Pati dari Myanmar, Thailand dan Indonesia.
Source: msianinsight - 🏆 8. / 63 Read more »