PoliticsNusantara, 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)
ERWIDA MAULIA, Nikkei staff writer
February 13, 2022 11:30 JST
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.