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Indonesia’s President Prabowo to spend $3 bln on new capital city through 2029

Indonesia’s new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city “Nusantara”, with a target of relocating the government there by 2028, the project’s chief said on Tuesday. Construction of the $32-billion Nusantara in the jungle of Borneo island, a legacy project first started by […]

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Indonesia's President Prabowo to spend $3 bln on new capital city through 2029
January 22, 2025 by Mahadi

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