Indonesia wants up to 60,000 people to move from Jakarta to populate a new capital city by 2025. But the challenge and logistics of meeting that deadline are daunting.
With a $US32 billion price tag, the government may also have a hard time selling it to voters.
"So that's why most of the buildings, facilities in 2024 are being built by the state budget. They have to create market confidence right.The Indonesia government remains optimistic that 80 per cent of the cost – say $US25 billion – will come from private investors.Last year, a major investor, Japan's Softbank, pulled out of the project, forcing Indonesia to look for funds elsewhere.
"Of course, some of them are serious for the first next couple of years, some of them are still wait-and-see. But safe to say that the appetite is there."The capital city project has also been marred by claims that indigenous groups who've lived in the area for generations, could be forced to leave their homes.
In front of the fence there is now a deep trench that he says floods regularly and presents a danger to his small grandchildren."I've lost income. Our river was shut off and I can no longer find fish. This used to be a river right here," he says pointing to the trench.Mr Susantono says the capital authority is still in talks with villagers and hopes to persuade them of the benefits of the new city being built.
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