According to him, the development of the new capital will be carried out inthree major stages: in 2024, 2035, and 2045. He expressed his hope that by2045, Nusantara will be an economic source that is capable of pushing Indonesiato be a developed country.
The new capital area in East Kalimantan will be four times that of Jakarta or about 56,000 hectares. It will also be a tropical forestbecause only 25% of the total area will be constructed.
The tropical forest will be a huge absorbent of carbonemission, that's why this branding concept is appreciated by the world, Bambangadded.
He also revealed that the development project has beenstarted, including the land preparation, construction of access roads forlogistics, and access to drinking water.
Recently, two multinational companies Foxconn and Fosun haveexpressed their interest in investing in the Nusantara capital city project
Investment Minister Bahlil Lahadalia said that technologygiant Foxconn and conglomerate Fosun are exploring the possibility of investingin the new capital./.