Indonesia pledges US$40 billion to modernise Jakarta ahead of new capital: Minister

Indonesia pledges US$40 billion to modernise Jakarta ahead of new capital: Minister

Channel NewsAsia - Asia·2019-08-29 13:53

Indonesia wants to move its capital from congested Jakarta to a new purpose-built city in east Kalimantan (Photo: AFP/BAY ISMOYO)

JAKARTA: The Indonesian government is not abandoning Jakarta after announcing plans to move the country's capital, its planning minister said, pledging to spend US$40 billion to save the slowly sinking city in the next decade.

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