Indonesian parliament passes law to relocate capital
KUCHING: The Indonesian Parliament on Tuesday (Jan 18) has passed a law to relocate the nation’s capital from Jakarta to Kalimantan on Borneo Island. As reported by Reuters, National Development Planning Minister Suharso Mohoarfa said the new capital has a central function and is a symbol of the identity of the nation, as well as […]
Assemblyman wants Serikin border post upgraded
KUCHING: The Serikin border post should be upgraded as an international gateway in view of the impending relocation of Indonesia’s capital to East Kalimantan. Tasik Biru assemblyman Datuk Henry Harry Jinep said this upgrade would be able to complement business and trade between the two countries, namely Malaysia and Indonesia. “In addition, it will facilitate […]
Capital flight on hold
Jakarta shifts budget to fight pandemic JAKARTA: Indonesia’s investment on a mega project to relocate its capital city has been put on hold. The country is shifting focus to spend on containing the coronavirus outbreak, but may resume next year, Finance Minister Sri Mulyani Indrawati said Thursday. President Joko Widodo’s $33 billion (MR144 billion) project […]
Indonesia speeds up capital city move
JAKARTA: Indonesian President Joko Widodo said on Wednesday that he had ordered his Cabinet to speed up a $32.79 billion project to move the capital city from Jakarta to Borneo island so that the new “Silicon Valley”-like city could be ready by 2023, a year earlier than the government’s original estimate. VNA reported that Widodo, […]
