The resignations come amid a lack of private funding for the new capital Nusantara.
JAKARTA – The head and deputy head of Indonesia’s new capital city authority, who oversee the US$32 billion project, have resigned, the state secretariat minister said on June 3.
The two officials were assigned to speed up construction of the new capital, he said. No reason for the resignations was provided. The resignations of the two professionals come amid a lack of private funding for the ambitious new capitalOne of the stumbling blocks has been about the status of land ownership in the new capital site, Public Works Minister Basuki Hadimuljono said during a news conference on June 3.“Whether we sell it, rent it or if there will be cooperation between government and companies. We will speed it up so that investors won’t have any doubts.
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