2024-08-17 14:59:08
Asia
Politics
Infrastructure

Indonesian Government Celebrates Independence Day in Newly Built Capital Nusantara

Image courtesy of : AFP (BAY ISMOYO)

The Indonesian government has celebrated the country's Independence Day in the newly built capital of Nusantara in Borneo. President Joko Widodo and his successor Prabowo Subianto attended the ceremony along with cabinet members and military representatives.

The government is trying to convince potential investors of the feasibility of the $32 billion megaproject, which aims to relocate the current capital of Jakarta to Nusantara due to overpopulation and the threat of sinking. However, delays, land disputes, and lack of foreign investment have postponed the official inauguration of Nusantara as the new capital.

Despite the challenges, the government plans to have 1.9 million people living in Nusantara by 2045. Environmentalists have expressed concerns about the impact on the rainforest. The future of the project remains uncertain as it faces financial and environmental obstacles.

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The US and Russian governments have congratulated Indonesia on its Independence Day; Kamala Harris has promised to reduce taxes and provide affordable housing.
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