Indonesia’s vice presidential hopefuls discuss Nusantara development in debate ...Middle East

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Indonesia’s vice presidential hopefuls discuss Nusantara development in debate
JAKARTA: The development project of the Nusantara’s capital in East Kalimantan, worth about US$32 billion and scheduled to be completed in 2045, became a hot topic in the 2024 Indonesian vice-presidential candidate debate on Friday.The candidates – Gibran Rakabuming Raka, Mahfud MD and Muhaimin Iskandar – voiced various views, including on the budget and current interests during the question-and-answer session.Mahfud, who is also the coordinating minister for politics, law and security, raised concerns about the government’s dependence on the national budget, warning of potential land ownership issues and the lack of private investors.“As far as we know, no investors have come in until toda

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