5min chapter

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Indonesia Is Building a New Capital. It’s Not Going Well

Big Take

CHAPTER

Financing Challenges of Indonesia's New Capital Project

This chapter explores the financial challenges Indonesia faces in funding its new capital city, Nusantara, which has already incurred $4.6 billion in costs. With a lack of interest from both local investors and foreign private entities, the project's future hangs in the balance amid political changes and potential delays.

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