Jakarta's Crisis and Nusantara's Solution

The Wall Street Journal
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Jakarta, one of the fastest sinking cities globally, is in danger of having a third of its area underwater by 2050. To address this critical issue, the Indonesian government has proposed relocating the capital to Nusantara on the island of Borneo, an 800-mile move aiming to modernize the country, bridge regional inequalities, and promote environmental sustainability. This $33 billion project, initially scheduled for completion by 2045, faces numerous challenges including investor withdrawals, project head resignations, and public criticism. Strategic relocation to East Kalimantan in Borneo aims to mitigate natural disaster risks while redistributing national wealth concentrated on the island of Java. The project aims to create a high-tech, renewable energy-powered smart city to accommodate 2 million people. However, logistical difficulties, severe weather, and slow progress in construction, costing $3.4 billion for phase one, hamper its development. Moreover, the move sparks concerns about displacing indigenous populations and accelerating deforestation. Critics argue that Nusantara will not solve Jakarta's ongoing issues, and a new capital might distance government officials from public concerns. The project’s future depends highly on acquiring sufficient funds, political support, and maintaining public trust.
Highlights
  • β€’ Jakarta is sinking, potentially submerged by 2050.
  • β€’ Indonesia plans to relocate its capital to Nusantara for $33 billion.
  • β€’ Nusantara aims to be a modern, eco-friendly, high-tech city.
  • β€’ Relocation is intended to reduce regional inequalities.
  • β€’ Challenges include investor withdrawal and logistical issues.
  • β€’ The project may displace 20,000 indigenous people.
  • β€’ Critics doubt it will address Jakarta's existing problems.
  • β€’ Nusantara's development faces environmental scrutiny.
  • β€’ Financial shortfalls jeopardize the project's completion.
  • β€’ Political changes could impact the project's future.
* dvch2000 helped DAVEN to generate this content on 08/02/2024 .

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