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International Business Times UK
International Business Times UK
World
Vinay Patel

Jakarta Is Sinking: Indonesia's $30B Plan To Relocate 11M Residents To New Capital Starting October 2024

Rendering of future 150-metre tall presidential palace at the heart of Nusantara (Photo: AFP)

Ambitious plans are in place to relocate an entire sinking city 1,200 miles away to a large island inhabited by indigenous communities.

More than 1.9 million residents of Jakarta, Indonesia's capital, may need to relocate as part of an ambitious £24 billion ($30 billion) plan. The first residents are expected to move to the new city by the end of October 2024.

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