Indonesia's New Capital City Concept: Nagara Rimba Nusa

Unveiling real estate: where is the location of Indonesia’s new capital city, and why it does matter?

"There is a dream that has been around since Indonesia’s independence in 1945 that once initiated by the former and first president of Indonesia, Soekarno, to build a new capital city of Indonesia. The new capital city will not only demonstrate to the world that Indonesia is a great nation with advanced capabilities, but also driven by politic, strategic, and economic factors. By the end of President Joko Widodo’s administration first term, this dream might be finally coming true. An announcement by President Joko Widodo regarding the new capital city of Indonesia was made on 26 August 2019 as the first little step of the capital city relocation grand plan. As expected by most people, the location of the new capital would be in Kalimantan Island. The final decision to put the pin on the map at East Kalimantan province is a bit surprising, although understandable without the need for further debate."

After a long overdue, we are proud to finally publish our first time ever internal view series:

Unveiling real estate: where is the location of Indonesia's new capital city, and why it does matter?

This first internal view is dedicated to the most recent phenomenon of 'land rush' in East Kalimantan Province, after the announcement of Indonesia's new capital city by President Joko Widodo on 26 August 2019. You can also read and download the PDF report from the button below.

Author: Restaditya Harris & Zikril Hakim

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