Construction of Indonesia’s new capital has been hit by a public financing roadblock, with no budget to develop the city this year so far forthcoming, according to local media reports. A plan to move ...

JAKARTA (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara ... housing and office building ...

In constructing a purpose-built capital, Indonesia will be taking a path that ... Sheikh Mohammed bin Zayed Al Nahyan--no stranger to ambitious building projects at home in the United Arab ...

Several global financial institutions—including the World Bank, the International Monetary Fund (IMF), and the Asian ...

JAKARTA: Indonesia’s President-Elect Prabowo Subianto said he is committed to "continue, and if possible finish” the new capital, dispelling uncertainty as to whether the incoming leader will ...

Jakarta is the world's fastest sinking city. But the Indonesian government's plan to move the capital 800 miles away risks draining the country's resources and damaging its reputation as investors ...

JAKARTA--Indonesia’s parliament on Thursday designated special status for Jakarta, keeping the metropolis as the country’s economic epicenter, amid plans to move the capital city to Borneo island.

Indonesia’s new President Prabowo Subianto plans to spend US$2.99 billion through 2029 to build the new capital city “Nusantara”, with ... housing and office building investment worth a total 6.5 ...

JAKARTA, Jan 21 (Reuters) - Indonesia's new President Prabowo Subianto plans to spend 48.8 trillion rupiah ($2.99 billion) through 2029 to build the new capital city "Nusantara", with a target of ...

Indonesia's President Prabowo to Spend $3 Billion on New Capital City Through 2029 JAKARTA ... housing and office building investment worth total 6.5 trillion rupiah.