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It is estimated that the construction of Nusantara will cost $38 billion, with 20 percent of that coming from the Indonesian coffers...But the vast majority of the metropolis – 80 percent of it – is to be financed by private investments. Everything that actually makes a city a city...And that is currently where the greatest hurdles lie: The investors are not showing up — Der Spiegel
Earlier this year, Maria Stöhr and Muhammad Fadli reported on Indonesia's plans for a new capital city. This mega-project is more than just a city but a new capital region. It is billed as "The World's Sustainable City" with plans for "smart security." While the architect of the "Smart... View full entry