The China Mail - Indonesia passes law paving way for capital's move to Borneo

USD -
AED 3.672504
AFN 66.503991
ALL 82.428929
AMD 365.569665
AOA 917.000367
ARS 1497.128345
AUD 1.43472
AWG 1.8
AZN 1.70397
BAM 1.718705
BBD 2.014763
BDT 123.38855
BHD 0.377257
BIF 2988.444132
BMD 1
BND 1.291269
BOB 11.108572
BRL 5.083504
BSD 1.000308
BTN 96.544664
BWP 13.81783
BYN 2.869195
BYR 19600
BZD 2.011863
CAD 1.41005
CDF 2260.000362
CHF 0.818574
CLF 0.024025
CLP 945.568786
CNY 6.772104
CNH 6.77171
COP 3201.019377
CRC 455.204534
CUC 1
CUP 26.5
CVE 96.89793
CZK 21.236504
DJF 178.127334
DKK 6.574304
DOP 58.253878
DZD 133.399534
EGP 51.372204
ERN 15
ETB 161.454897
EUR 0.87904
FJD 2.251304
FKP 0.749538
GBP 0.750779
GEL 2.62504
GGP 0.749538
GHS 11.6332
GIP 0.749538
GMD 74.000355
GNF 8776.308274
GTQ 7.631267
GYD 209.279845
HKD 7.84215
HNL 26.792917
HRK 6.626304
HTG 130.78782
HUF 317.550388
IDR 17922
ILS 3.04635
IMP 0.749538
INR 96.567504
IQD 1310
IRR 1375000.000352
ISK 125.803814
JEP 0.749538
JMD 158.662507
JOD 0.70904
JPY 163.85504
KES 129.539962
KGS 87.450384
KHR 4044.99319
KMF 434.00035
KRW 1459.510383
KWD 0.31008
KYD 0.833604
KZT 475.618437
LAK 22650.380069
LBP 89577.573707
LKR 336.157125
LRD 181.053649
LSL 16.830381
LTL 2.95274
LVL 0.60489
LYD 6.400984
MAD 9.362504
MDL 17.680039
MGA 4432.532185
MKD 54.110462
MMK 2100.235356
MNT 3595.53277
MOP 8.080056
MRU 40.050379
MUR 47.430378
MVR 15.450378
MWK 1737.000345
MXN 17.484204
MYR 4.091404
MZN 63.903729
NAD 16.830377
NGN 1365.503725
NIO 36.811811
NOK 9.579104
NPR 154.471638
NZD 1.732952
OMR 0.384665
PAB 1.000308
PEN 3.402504
PGK 4.474713
PHP 61.685038
PKR 277.860451
PLN 3.79675
PYG 6047.717387
QAR 3.64415
RON 4.58725
RSD 103.15919
RUB 78.175667
RWF 1473.966343
SAR 3.764767
SBD 8.081105
SCR 14.540372
SDG 600.503676
SEK 9.718904
SGD 1.29065
SLE 24.225038
SOS 571.503662
SRD 37.792504
STD 20697.981008
STN 21.529944
SVC 8.752581
SZL 16.830369
THB 33.705038
TJS 9.227822
TMT 3.5
TND 2.963145
TRY 47.342504
TTD 6.796432
TWD 32.360367
TZS 2640.801441
UAH 44.82921
UGX 3770.815941
UYU 40.168724
UZS 12105.980052
VES 741.301404
VND 26320
VUV 118.485731
WST 2.75631
XAF 576.437453
XAG 0.017161
XAU 0.000247
XCD 2.70255
XCG 1.802803
XDR 0.716903
XOF 576.437453
XPF 104.802496
YER 238.550363
ZAR 16.834304
ZMK 9001.203584
ZMW 18.530691
ZWL 321.999592
  • CMSC

    -0.0650

    21.725

    -0.3%

  • VOD

    -0.1000

    15.15

    -0.66%

  • BTI

    1.1200

    60.96

    +1.84%

  • GSK

    0.6100

    51.35

    +1.19%

  • BCE

    0.0900

    21.3

    +0.42%

  • RIO

    -0.2900

    91.22

    -0.32%

  • NGG

    -0.0700

    82.3

    -0.09%

  • RELX

    1.5500

    34.41

    +4.5%

  • RYCEF

    -0.1900

    18.17

    -1.05%

  • CMSD

    -0.0200

    21.98

    -0.09%

  • RBGPF

    -0.7300

    66

    -1.11%

  • BCC

    1.3800

    77.84

    +1.77%

  • JRI

    0.1600

    13.06

    +1.23%

  • BP

    -0.1100

    43.82

    -0.25%

  • AZN

    0.9900

    169.26

    +0.58%

Indonesia passes law paving way for capital's move to Borneo
Indonesia passes law paving way for capital's move to Borneo

Indonesia passes law paving way for capital's move to Borneo

Indonesia's parliament on Tuesday passed a law approving the relocation of its capital from slowly sinking Jakarta to a site 2,000 kilometres (1,200 miles) away on jungle-clad Borneo island that will be named "Nusantara".

Text size:

The House of Representatives vote provides the legal framework for the move, which was first tipped by President Joko Widodo in April 2019, citing rising sea levels and severe congestion on densely populated Java island.

Home to more than 30 million people in its greater metro area, Jakarta has long been plagued by serious infrastructure problems and flooding exacerbated by climate change, with experts predicting up to a third of the city could be underwater by 2050.

The new capital will cover about 56,180 hectares (216 square miles) in East Kalimantan province on the Indonesian part of Borneo, which the country shares with Malaysia and Brunei.

In all, 256,142 hectares have been set aside for the project, with the additional land intended for potential future expansion.

Early plans for the new capital depict a utopian design aimed at creating an environmentally friendly "smart" city, but few details have been confirmed.

Plans to begin construction in 2020 were hampered by the onset of the Covid-19 pandemic.

Environmentalist critics of the capital's move have warned it could damage ecosystems in the region, where mining and palm oil plantations already threaten rainforests that are home to Borneo's endangered species.

On Monday, Widodo said the new capital would be one "where the people are close from any destination, where they can bike and walk everywhere because there are zero emissions".

"This (capital) will not only have government offices, we want to build a new smart metropolis that can be a magnet for global talent and a centre of innovation," he said in a speech at a local university.

"Nusantara", which means "archipelago", was chosen from a list of 80 names because it was widely recognisable by Indonesians and easy to memorise, the nation's development minister, Suharso Monoarfa, said Monday.

The new city will be governed by a body dubbed the State Capital Authority, with leadership appointed to five-year terms directly by the president, according to Tuesday's legislation.

Budget details have not yet been revealed in a presidential decree, though previous reports have pegged the project's costs at $33 billion.

Indonesia is not the first country in the region to relocate from an overpopulated capital.

Malaysia moved its government to Putrajaya from Kuala Lumpur in 2003, while Myanmar moved its capital to Naypyidaw from Rangoon in 2006.

V.Liu--ThChM