How Indonesia’s New Capital "Nusantara" will Change its Outlook?

Explore Indonesia's groundbreaking decision to relocate its capital from Jakarta to Nusantara in East Kalimantan in this comprehensive YouTube video. With over 17,500 islands and a population exceeding 270 million, Indonesia, a G20 member, grapples with the impacts of climate change, prompting a $35 billion investment to create a purpose-built city. Uncover the reasons behind this move, its impact on Jakarta's future, and the dichotomy it presents for Indonesia. Delve into the urgent need for a new city due to Jakarta's challenges—overcrowding, sinking, and environmental degradation. Witness the positive aspects, from environmental sustainability to potential economic growth, but also scrutinize concerns like environmental setbacks, a hefty cost, and its political dimensions. Join us on a journey as Indonesia redefines its future, balancing progress, sustainability, and inclusivity in the quest for a new political and economic center. Like, comment, and subscribe for more in-depth coverage of global economies and geopolitics. Watch complete video and do not forget to visit our channel for more interesting videos.

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Disclaimer:
The content in this video reflects the author(s)' thoughts and does not represent the official viewpoint of The Pacific Report; viewers are recommended to conduct their own research and seek expert advice before relying on the information provided.