IKN NUSANTARA - JAKARTA. Indonesian President Joko Widodo will from Thursday spend the final weeks of his term in the country's planned new capital, Nusantara, amid doubts about the continued pace of development of his flagship $32 billion megaproject.
The massive infrastructure undertaking on the island of Borneo has suffered a series of setbacks, including construction delays, land issues, and a lack of foreign investment. This June the two top officials overseeing Nusantara abruptly resigned.
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