Indonesia's $33B Capital Relocation: Is Nusantara Imploding? Ibukota Nusantara IKN

Jakarta is sinking, and the Indonesian government has proposed relocating the capital to Nusantara on Borneo in response. This video delves into the reasons behind this bold move, including excessive groundwater extraction and rising sea levels. We explore the vision for Nusantara - a sustainable, smart city designed to tackle Jakarta's environmental woes and promote equitable development across Indonesia. However, the project faces significant hurdles, from diminishing investor confidence and funding issues to environmental concerns and construction delays. Join us as we analyze the feasibility of Nusantara and the challenges the government faces in making this vision a reality. #JakartaSinking #Nusantara #BorneoCapital #Sustainability #EnvironmentalConcerns #IndonesiaDevelopment

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