The Indonesian President announced the plan to move the capital. Why did Indonesia spend a lot of money to move the capital?

According to the Global Times, the Indonesian President officially announced the national capital relocation plan on August 26, 219:

The new capital is located in East Kalimantan province of Borneo, about 1,4 kilometers away from Jakarta. According to the plan, Indonesia will "break ground" between 22 and 221, and will gradually move government agencies around 224.

So why did Jakarta urgently move the capital now? The matter of moving the capital has been discussed for decades before. Jakarta is the capital of Indonesia, located on the northwest coast of Java Island, with a population of more than 1 million. It is the political, cultural, economic and commercial center of the country and the largest city in Southeast Asia.

The first important reason is that 4% of Jakarta is already below sea level, and it is sinking at the rate of 2cm every year. Geographically, Jakarta is overwhelmed.

Secondly, from the economic and cultural point of view, Jakarta occupies 87% of Indonesia's finance, with a resident population of over 1 million. It is an important financial center in Indonesia. However, due to the rapid population growth and lack of planning, Jakarta often faces serious traffic jams, urban waterlogging, environmental pollution and population living problems. Has overwhelmed the city.

the president of the third Indonesia, Zo Kowido, is a strong president, although the issue of moving the capital has been discussed for decades. But he intends to solve such a problem before the end of his term. According to his political vision, Indonesia's new capital should have the characteristics of a modern city such as a green city and a smart city.

Indonesia's new capital is within the scope of state-owned resources and does not occupy private land. Indonesia's national capital relocation plan will cost 234 billion yuan. Although the opposition says that the country's debt level is already high, many people are still very optimistic and yearning for the new capital. Jakarta is still a commercial center, and the central bank will not move to the capital.

But it is true that Jakarta is the fastest sinking city in the world, which means that its ability to resist natural disasters will become weaker and weaker. If there is a major flood and natural disaster, the loss in Jakarta may be the biggest loss in Indonesia.