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Why is Indonesia shifting capital from Jakarta to Nusantara?

Shortpedia

Content Team
Image Credit: NewsBytes

Indonesia is planning to relocate its capital city from Jakarta to East Kalimantan and name it Nusantara. The parliament approved a bill in this regard earlier this week. The future capital is located approximately 2,000 kilometers northeast of Jakarta on Borneo island. The cost of the new project is expected to be over $32 billion (Rs. 238 crore), according to CNN.