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Five things to know about Indonesia's $33bn capital relocation plan

President Widodo reveals plans to move nation's capital to East Kalimantan

JAKARTA -- Indonesia's plan to relocate the country's capital from Jakarta dates back to the 1940s, when it was pitched by the country's first president, Sukarno, who was eager to move the nation forward from its colonial past. The idea was revived by several of his successors, but only actually put into motion by Indonesia's seventh president, Joko "Jokowi" Widodo.

On Monday, Widodo put an end to speculation when he announced the location of Indonesia's future capital -- in the Penajam Paser Utara and Kutai Kartanegara districts of East Kalimantan province in the Indonesian part of Borneo island.

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