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INDONESIA PASSES LAW TO RELOCATE CAPITAL FROM JAKARTA TO NUSANTARA

INDONESIA PASSES LAW TO RELOCATE CAPITAL FROM JAKARTA TO NUSANTARA

Context:

On 19 January 2022, the Indonesian Parliament passed a law to relocate the country's capital from Jakarta to Nusantara. This is a significant development for the vision that the country's leaders have been trying for years.

Key Point:

  • The new capital law, which provides the legal framework for President Joko Widodo's $ 32 billion projects, also defines how capital development will be funded and governed.

Why is Indonesia removing the capital from Jakarta?

  • The plan is built as Jakarta tends to experience floods during climate change.
  • Immersive megacity also suffers from chronic congestion and air pollution.
  • The relocation of the capital to Nusantara was based on several ideas, regional benefits, and welfare, leading to ​​the birth of a new economic centre in the middle of the archipelago.
  • President Joko Widodo first announced relocating the capital in 2019 but delayed the movement due to the coronavirus epidemic (Covid-19).

How fast is Jakarta sinking?

  • Jakarta is located in a swampy area near the sea, which makes it very easy to flood - and is one of the fastest-growing cities on Earth, according to the World Economic Forum (WEF).
  • It has been dropping into the Java Sea at an alarming rate due to excessive groundwater abstraction.

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