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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.

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