Indonesia’s $33B Capital Relocation Plan Is Imploding | WSJ Breaking Ground

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33 billion for a city of 2.5 million is insanely cheap by some measures. For context - the World Cup stadium in Qatar costed 50+ billion and was basically only used for a week.

It’s a first phase of construction folks, you gotta build the basic infrastructures before foreign investments will come in and the government is also giving priority to local investors otherwise Nusantara is owned by foreigners.

That bald guy is wrong, Nusantara are located between Balikpapan and Samarinda, both cities are literally the two largest cities in entire island of Borneo by the population and Economy, East Kalimantan is also the province rich with resources and Industry

0:48 Nusantara isn't in the middle of nowhere though. It's right smack in the middle of two major cities - Balikpapan and Samarinda. Basically they're building the start of a huge metropolitan area.

Naming a city Nusantara, is like naming a city America. Nusantara is the historical name for the entire Maritime South East Asia region.

Indonesia has $1.5 trillion gdp, with economy growth 5% . Their annual budget is $200+ billion per year, also this city is long term planning.. currently the phase 1 (government area) will soon be completed. there is $1,4 billion investment from local companies and will likely to increase since the letter of interest. Ikn also located in between two big cities..

Im from the same Island Borneo, Malaysia. On our side we kinda hope Indonesia do able to make this project happen. it definitely can help both country to grow. Brunei aswell.

Indonesia has over 280M people. Vid states that 2M is one tenth of Indonesia's population. How can nobody catch this? Not the writer, narrator, editor? Really, they all think the country has 20M people in total?

who knows the best for their own lands are the people, majority of Indonesians supports Nusantara. you like it or not, this is our land!

0:56 The bald guy is wrong, Nusantara are located between Balikpapan and Samarinda, both cities are literally the two largest cities in entire island of Borneo by the population and Economy, East Kalimantan is also the province rich with resources and Industry.

You show old pictures to give the impression Indonesia's new capital city is far from finished.The palace is already complete and so is the other buildings.

The budget is not the problem, it's not costly as many people think. Indonesia is a trillion dollar economy with 200 billion budget per anum and it's stil a developing country so construction and wage cost is lower. While the government only relocates a few billion USD yearly until it's finished around 2040s means it's a long term project with reasonable budget. The problem here is that Indonesia is a democracy. A lot of uncertainty facing the government wheater they have the long term will or not to pursue this new capital.

The main reason behind moving Indonesian capital from Jakarta to Nusantara is never because of Jakarta's sinking problem. While it's true that it's one of the reason, but it's not the key reason. The key reason is because economic development since our independence has always been only concentrated on Java island. So the moving of capital city will symbolize the moving from a Java-centrist development towards an Indonesian-centrist development. As a native Kalimantan, I really appreciate this move as it'll also bring more and more development to our neglected massive island (3rd largest in the world, as big as the country of Turkey).

Nusantara was a geographical name for a place that mostly comprised of most of Indonesia's territory today. The name was used by ancient kingdoms in Java island, including the Majapahit Empire which is the largest empire in Southeast Asia's history. The name was later adopted for the new capital city of Indonesia.3 Mar 2024

The whole point of the new capital was to separate Jakarta’s role as a Economy and political city and also Indonesia was criticized to be Java centric for development (which is one of the reasons why Jokowi is hated) and with Nusantara created it will be Indonesia’s Washington DC and like the video stated Borneo (Kalimantan) will be better connectivity islands

Nice video bro, im indonesian and support new capital nusantara

6:08 When discussing about Prabowo's possible decisions in terms of Jokowi's policies, you should take into account that his running partner/vice president is Jokowi's oldest child.

The problem they have is that they're trying to relocate capital, not the CAPITOL.... 🤦

I can’t wait to go back home! Im leaving indonesia since i was 19 .. its been 13 years now. Can’t wait to bring my kids & visit indonesia back soon:))