Building Indonesia’s $35 Billion New Capital City Nusantara

Building Indonesia’s $35 Billion New Capital City Nusantara

Since Indonesia’s independence in 1945, the capital city Jakarta had expanded from less than a million people to roughly 30 million. It has grown tall with skyscrapers, but the capital has run out of space. It has grown thick with traffic and pollution. Most of all, Jakarta is sinking, as thirsty residents drained its marshy aquifers and rising sea waters lapped its shores. 40% of the Indonesian capital now lies below sea level. So far everything that has been done to save the Capital could not raise Jakarta above the sea’s reach. And so, president Jokowi has turned to a different solution: If Jakarta cannot be saved, he will start over and build a future capital from scratch. Today we will venture into the $35 billion future capital city of Indonesia which is located in the middle of a rainforest.

0:00 Intro
1:04 Nusantara
2:21 Phases of development
4:24 Problems with Nusantara
5:11 Funding the construction
6:06 Geopolitical Motives
7:33 Environmental Concerns
8:55 The success rate of new capitals
10:29 the future

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