Indonesia pledges US$40 billion to modernise 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 (RM169 billion) to save the slowly sinking city in the next decade.
The current Indonesian capital will undergo a 571 trillion rupiah (US$40.18 billion) urban regeneration in the next 10 years, more than the US$33 billion (RM139.5 billion) expected cost to build a new capital city on Borneo island, Bambang Brodjonegoro told Reuters in an interview.……
SE Asia Indonesia
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