New capital Nusantara, seen being built in Kalimantan in this 2023 photo, is Indonesian President Joko Widodo's signature project.JAKARTA — The head and deputy head of Indonesia's new capital city authority, who were overseeing the US$32 billion project, have resigned, the state secretariat minister said on June 3.
The two officials were assigned to speed up construction of the new capital, he said. No reason for the resignations was provided. The resignations of the two professionals come amid a lack of private funding for the ambitious new capital being built in a remote and jungled patch of Kalimantan, on the Indonesia part of Borneo island.
"These resignations will make people question the project," said Arya Fernandes, from Indonesia's Centre for Strategic and International Studies. "The question is how to convince investors that there is no problem with this project."
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