Nusantara, Indonesia's future capital on Borneo gets underway
Property prices already rising as work on basic infrastructure moves ahead
Nusantara, Indonesia's new capital, has been conceived as a "green and smart global city" that will be developed in stages running until 2045. (Source photo by Shinya Sawai, Erwida Maulia, and Indonesian Presidential Office)
BALIKPAPAN, Indonesia -- There are only trees to be seen stretching to the horizon in vast rolling acacia and eucalyptus plantations on this stretch of the east coast of Borneo -- apart, that is, for a cleared patch of brown earth where a new road is under construction.
This marks the spot where the presidential palace will one day sit right in the heart of Nusantara, Indonesia's new capital.