Indonesia will begin the construction of the new capital at an estimated cost of US$33 billion ($45.8 billion) from next year as Jokowi seeks to ease pressure on the congested and sinking Jakarta, and spread economic activity outside the nation’s most-populous island of Java. The new city will be dotted with world-class educational institutions, modern hospitals, botanical parks and backed by a green transportation system with only electric vehicles, Jokowi said.
(Sept 4): Indonesia’s new capital city will be modeled on Silicon Valley, a base for tech and creative companies, besides hosting the government apparatus, according to President Joko Widodo.
The president wants the yet-to-be named city in East Kalimantan on the Borneo island to foster development of technology startups and a digitized manufacturing sector, The Jakarta Post reported, citing Widodo as telling journalists on Tuesday. The new capital will boast an efficient, technology-driven urban system for delivery of public services, Jokowi, as Widodo is known, said.
