Indonesia Prepares to Inaugurate New Capital Nusantara

The ambitious project aims to address Jakarta's challenges but faces financial and environmental concerns.

Nusantara will be inaugurated on Indonesia's Independence Day, August 17, 2024.
The new capital is intended to alleviate issues like overcrowding and flooding in Jakarta.
Construction, which began in 2022, is only partially complete and heavily relies on foreign investment.
Environmentalists warn that the project could accelerate deforestation in Borneo.
Incoming President Prabowo Subianto has committed to continuing the project.