The massive investment pledges underscores companies’ desire to have a hand in shaping a city from ground up.
The result of a 3-year bilateral effort by researchers, funded by the AIC, was launched in Jakarta last week by Ministry of Transportation officials.
As many as 52 national strategic projects in the form of toll roads, sea ports and special economic zones are scheduled for completion this year as part of a infrastructure development program.
Four decades ago, a similar tone of deep fulfillment was on display when Indonesia became the first country in the developing world to have its own satellite system.
Activists say they’ve identified the business tycoons who control land in the area slated for Indonesia’s new capital and who could potentially benefit from the $33.5 billion mega project.
“This is the first toll road in Kalimantan and we hope that from this development, the speed and efficiency of goods, people and logistics will be enjoyed [by the public].”
Suharso explained the new administrative center would boast an area of 256,000 hectares, and 56,000 ha of which was not included in the regional autonomy.
“The Global Infrastructure Partners sees that Indonesia has the desire to construct toll roads, seaports, airports [and] power plants that are feasible businesswise.”