JAKARTA/NUSANTARA, Indonesia -- A great chrome and glass building in the shape of a winged bird rises half-built from the jungles of Borneo.

An aerial view of the ongoing construction of Nusantara, Indonesia's new capital on Borneo island, seen in December 2023. The large building in the foreground will be a grand presidential palace. (Photo by Dimas Ardian)
With most funding from private sector, Nusantara struggles to convince investors it is here to stay