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Indonesia is building a new capital from scratch, with Jakarta threatened by rising sea levels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndonesia's plans to build a new capital city from scratch have been hit by the unexpected resignation of the two top officials overseeing the project. Bambang Susantono and his deputy Dhony Rahajoe both quit their roles at the Nusantara Capital City Authority on Monday, outlets including Reuters reported. This story is available exclusively to Business Insider subscribers.
Persons: Tony Blair, , Bambang Susantono, Dhony Rahajoe, Pratikno, Joko Widodo Organizations: Nusantara, Service, Nusantara Capital, Authority, Reuters, Asia News Network, Business Locations: Indonesia, Jakarta
A new capital city for a place with such disparities and diversity presents both a challenge and a chance for reinvention. Moving the Seat of Power From Java to Borneo Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Indonesia’s new capital, Nusantara, will be about 800 miles from the current capital, Jakarta. It cannot be overnight, it’s not like Aladdin comes with his genie,” said Bambang Susantono, the head of the Nusantara Capital City Authority. We have to prove that this will be a self-propelling city.” — Bambang Susantono, head of the Nusantara Capital City AuthorityCritics of I.K.N. Indonesia’s capital city faces sinking land and rising seas.
She is one of 127 orangutans that the Borneo Orangutan Survival Foundation (BOSF) is caring for in the Samboja district, East Kalimantan. The Nusantara Capital City Authority said mangroves would be replanted in other areas and guidelines have been made for workers encountering an animal. "It's a very high concern of how we'll try to have harmony between people, nature and culture...because that's the soul of the city," Nusantara chief Bambang Susantono said. "We hope that with the capital city being here, we can pave the way for animals to live side by side (with humans)," said BOSF manager Aldrianto Priadjati. "At least provide an area for orangutans so they can live a better life."
A street vendor sells papers with the news of Indonesian New Capital Nusantara (IKN) on its headline, during a traffic in Jakarta, March 15, 2022. REUTERS/Willy Kurniawan/File PhotoJAKARTA, Oct 19 (Reuters) - Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a $32 billion project to build a new capital city in the country called Nusantara, an official said late on Tuesday. Bambang Susantono, head of the Nusantara National Capital Authority, made the comments at a gathering with hundreds of local and foreign investors in the current capital Jakarta. Susantono asked the gathering to consider investing in areas such as healthcare, education and entertainment in the new capital, promising that regulations on fiscal incentives would be released soon. A June survey of 170 experts by the Indonesian Centre for Strategic and International Studies found nearly 59% were unsure the Nusantara project would materialise, citing uncertainty over funding and management.
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