Indonesia’s burgeoning new capital, Nusantara, is witnessing rapid development with a focus on green infrastructure. President Joko Widodo recently launched the fourth phase of construction, marking significant progress in the establishment of green buildings and facilities, both governmental and private.
Nusantara’s Eco-Focused Development
Emphasizing a green city concept, the Nusantara Capital City Authority allocates 65% of the area to tropical forests, 10% for green and food production, and 25% for urban development. President Widodo envisions a sustainable and resilient city, urging prompt construction to boost investor confidence.
Diverse Infrastructure Initiatives Underway
The ongoing projects include presidential and vice-presidential palaces, ministerial housing, BI office complex, and the Mentawir nursery. A solar power plant, PSSI National Training Center backed by FIFA, an airport, private hospitals, schools, hotels, and a toll road are part of the comprehensive development plan.
Foreign Investor Appeal
With an estimated budget of Rp466 trillion (approximately US$30 billion), Nusantara’s infrastructure development relies on a mix of government funding (20%) and Public Private Partnerships (80%). President Widodo encourages foreign investment, citing keen interest from Singapore, South Korea, Japan, Malaysia, and the UAE.
Prominent Green Project: Hotel Nusantara
The five-star Hotel Nusantara, a flagship green project, is making remarkable progress. With nine floors, 191 rooms, and a height of 43.10 meters, it exemplifies the commitment to sustainable construction, reaching 34% completion.
Open Doors for Global Investment
President Widodo welcomes international investors, citing the visit of 130 investors from Singapore, along with counterparts from South Korea, Japan, Malaysia, and the UAE. Anticipating increased interest post the toll road and airport completion, Nusantara beckons as a promising investment hub.
Source：en.acnnewswire.com
