Indonesia is celebrating its 79th Independence Day in the midst of a major construction project that has been causing headlines around the world. The Southeast Asian nation is in the process of relocating its capital from Jakarta to a brand new city called Nusantara, and construction costs are soaring.
The new capital city, Nusantara, is being built on the island of Borneo, and is expected to alleviate the overcrowding and congestion that Jakarta currently experiences. The move comes as Jakarta, which is one of the most populous cities in the world, grapples with issues such as traffic congestion, pollution, and overpopulation.
However, the construction costs for the new capital have been a cause for concern. The Indonesian government originally estimated that the move would cost around $30 billion, but recent reports indicate that the final bill could be much higher. Delays and setbacks in construction, as well as changes in design plans, have all contributed to the rising costs.
Despite the challenges, Indonesia is moving forward with the ambitious project, with President Joko Widodo leading the efforts to build a modern, sustainable, and efficient capital city. Nusantara is expected to be a smart city, incorporating technology and green infrastructure to create a more livable environment for its residents.
As Indonesia celebrates its Independence Day in the future capital of Nusantara, the country faces a long road ahead in completing the construction project and successfully transitioning to the new capital. With construction costs on the rise, the government will need to carefully manage the project to ensure that it stays within budget and provides a better future for all Indonesians.
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Video “Construction costs soar for Indonesia’s new capital Nusantara | DW News” was uploaded on 08/17/2024 to Youtube Channel DW News