Indonesia may need US$30b to move capital from Jakarta: Minister

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JAKARTA: Indonesia's plan to move its capital off the main island of Java will require investment of about US$20 billion to US$30 billion, a ...

JAKARTA: Indonesia's plan to move its capital off the main island of Java will require investment of about US$20 billion to US$30 billion, a minister said on Tuesday , even though the government has yet to decide on a new location.

Bambang Brodjonegoro, Widodo's planning minister, said the government will design a new capital to house 900,000 to 1.5 million people, mostly government employees and their families. The plan could cost 323 trillion rupiah to 466 trillion rupiah , he said, adding that planning, designing and construction would take up to 10 years.

"Let our city remain green and beautiful, unpolluted. If you decide to move to Palangkaraya, we the natives will be pushed aside."

Source: News Formal (newsformal.com)

 

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