{"id":12217,"date":"2023-01-25T10:11:08","date_gmt":"2023-01-25T18:11:08","guid":{"rendered":"https:\/\/essential.construction\/news\/new-capital-in-indonesia-to-get-an-infrastructure-boost\/"},"modified":"2023-01-25T10:11:08","modified_gmt":"2023-01-25T18:11:08","slug":"new-capital-in-indonesia-to-get-an-infrastructure-boost","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/new-capital-in-indonesia-to-get-an-infrastructure-boost\/","title":{"rendered":"New Capital In Indonesia To Get An Infrastructure Boost"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div wp_automatic_readability=\"80\">\n<div class=\"td-featured-image-rec\">\n<div class=\"td-post-featured-image\"><a rel=\"nofollow\" href=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/Nasantara.jpg\" data-caption=\"\"><\/a><\/div>\n<\/p><\/div>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">World Construction Today \u2013 In order to accommodate 14,500 government employees at the new capital, Nusantara, Indonesia plans to begin construction on 184 residential towers in the second quarter of this year.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">According to Bambang Susantono, head, Nusantara National Capital Authority, the project will be procured through a public-private partnership (PPP), and officials are in discussions with three private developers.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">South Korean company Korea Land and Housing Corp., Chinese developers CCFG Corp. and Risjadson Brunsfield Nusantara, and local developer PT Summarecon Agung make up this group.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">As per Bambang during a presentation at the World Economic Forum in Davos, Switzerland, CCFG-RBN is anticipated to provide the lion\u2019s share of the housing project, valued at $2.1 billion, according to Reuters.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">The main project of Indonesian President Joko Widodo is Nusantara, which will be constructed on undeveloped territory amidst tropical woods in East Kalimantan.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">In order to celebrate Indonesia\u2019s Independence Day on August 17, 2024, he wants the administration to relocate there.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">The 6.6-hectare government zone of the city will have infrastructure in place for 500,000 citizens, 50,000 public officials, the State Palace, and the House of Representatives.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #252525;\">The massive project, which is estimated to cost $32 billion, would rely on private investment for almost 80% of its funding.<\/span><\/p>\n<p><!---- Article PDF link download -----><\/p>\n<p><!---- End Article PDF link download -----><br \/>\n<!--- White Paper--><br \/>\n<!-- End Whitepaper -->\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.worldconstructiontoday.com\/news\/new-capital-in-indonesia-to-get-an-infrastructure-boost\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Construction Today \u2013 In order to accommodate 14,500 government employees at the new capital, Nusantara, Indonesia plans to begin &#8230; <a title=\"New Capital In Indonesia To Get An Infrastructure Boost\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/new-capital-in-indonesia-to-get-an-infrastructure-boost\/\" aria-label=\"Read more about New Capital In Indonesia To Get An Infrastructure Boost\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":12218,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[461],"tags":[],"class_list":["post-12217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-construction-today","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/12217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=12217"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/12217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/12218"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=12217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=12217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=12217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}