Hello and welcome to the details of Indonesia’s Prabowo sets sights on finishing new capital Nusantara by 2029 presidential inauguration and now with the details
Nevin Al Sukari - Sana'a - Indonesia’s President Prabowo Subianto speaks during a visit to the military academy in Magelang, Central Java October 25, 2024. — Reuters pic
JAKARTA, Oct 28 — Indonesia’s new leader Prabowo Subianto wants to complete key government and parliamentary buildings in the country’s US$32 billion (RM139.5 billion) new capital city in the next four years, according to a cabinet minister.
The capital project, an initiative of former President Joko Widodo, seeks to move Indonesia’s seat of power about 1,200 km (745 miles) away from sinking and congested Jakarta to Nusantara, located in a jungle of Borneo island.
“He (Prabowo) even hopes that the inauguration of the next Indonesia president and vice president in 2029 could be done in Nusantara,” forestry minister, Raja Juli Antoni, said on Saturday on his Instagram account.
The remarks on Prabowo’s intentions come amid doubts that he will pursue the project at the same speed as Widodo, who tacitly backed him for the election, and whether the state budget can stretch to fund Nusantara alongside his multi-billion dollar free-meal programme, his signature election campaign promise.
Raja Juli, however, said further there should be no questions of Prabowo’s commitment to continue his predecessor’s legacy project, as he has already guaranteed he would complete it.
“For him (Prabowo), Nusantara is the capital of politics. That is why in the next four years, apart from government buildings, we must complete buildings for legislative and judiciary bodies,” the minister added.
Key government buildings, like the presidential palace and some state officials’ housing were recently completed, while toll road and airport construction are underway.
Since construction started in 2022, the project has faced difficulties in attracting foreign investment, which will help to expedite its progress.
The government had agreed that only a fifth of the total budget would come from the state.
It received its first foreign investment last month when Chinese property firm Delonix Group invested 500 billion rupiah ($31.80 million) to build hotels and offices. — Reuters
These were the details of the news Indonesia’s Prabowo sets sights on finishing new capital Nusantara by 2029 presidential inauguration for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
