• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

August 2, 2026

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026

Sean Astin Sold Home After Low ‘Lord of the Rings’ Salary

August 2, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, August 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

    August 2, 2026

    President Trump Announces Perimeters of Peace Deal with Iran Has Been Agreed To – Halts All Planned US Airstrikes on Iran

    August 2, 2026

    ‘They Hate America and Jews, They Just Can’t Say it Out Loud’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026

    ‘Anthony Fauci Had No Right to Invoke the Fifth Amendment After Receiving Immunity’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026

    Democrats Hate ICE Because it’s Ruining Their ‘Long Term Plans’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026
  • Health

    Medicare’s GLP-1 Bridge Demo Offers Access, But Isn’t Straightforward

    August 1, 2026

    Four In Five Toddler Foods Are Ultra-Processed, New Study Finds

    August 1, 2026

    Trump Administration Ends Program that Kept Medicare Premiums Down

    August 1, 2026

    A Medicare Drug Subsidy Is Ending—Here’s What Patients Should Know

    August 1, 2026

    Digital Health Funding Is Booming, Especially For Wearables

    August 1, 2026
  • World

    U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

    August 2, 2026

    Marjorie Taylor Greene Marries Brian Glenn In Las Vegas

    August 2, 2026

    CBP Recruiting Push Delivers Highest Border Staffing, Lowest Migrant Arrests in Decades

    August 2, 2026

    Jon Stewart Reacts To Democratic National Committee Chaos Before Midterms

    August 2, 2026

    Fauci a ‘Lying Disgrace Who Should Be Prosecuted’

    August 2, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Brookfield Infrastructure Partners Q2 Earnings Call Highlights

    August 2, 2026

    J.P. Morgan drops Fed rate bombshell over Warsh, inflation

    August 2, 2026

    Corn Closes July with Weakness

    August 2, 2026

    Lear Corporation Q2 2026 Earnings Call Summary

    August 2, 2026

    JMKE Stock Scores ‘Buy’ Rating Following the Jersey Mike’s IPO

    August 2, 2026
  • Tech

    White House Uses Anti-ICE Rapper Bad Bunny’s Music for Deportation Montage

    August 2, 2026

    NewsGuard Backer Publicis Buying AdTech Company that Pitched Blacklists as ‘Anti-Racism’ Tool

    August 2, 2026

    China Eyes Limits on Foreign AI Access as America Weighs Its Own Restrictions

    August 1, 2026

    Silicon Valley Is Falling Out of Love with Anthropic AI

    August 1, 2026

    WSJ Reports That Tesla Wants to Divest China Operations to Facilitate SpaceX Merger, Elon Musk Calls It ‘Fake News’

    August 1, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Top Officials in Charge of Indonesia’s New Capital Project Step Down
Finance

Top Officials in Charge of Indonesia’s New Capital Project Step Down

June 4, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Top Officials in Charge of Indonesia’s New Capital Project Step Down
Share
Facebook Twitter LinkedIn Pinterest Email

The top two officials of the body overseeing the construction of Indonesia’s new capital Nusantara have unexpectedly resigned, government officials said yesterday, casting another pall of uncertainty over President Joko “Jokowi” Widodo’s signature project.

The $33 billion city is currently being carved from the verdant hills of East Kalimantan, some 1,300 kilometers from the current capital Jakarta, which is overcrowded, polluted, and subject to chronic flooding.

According to a report by the Jakarta Globe, State Secretariat Minister Pratikno confirmed to the media that Bambang Susantono, the head of the Nusantara Capital Authority (OIKN), and his deputy Dhony Rahajoe had resigned their posts.

He said that the pair, who were appointed to head up the OIKN in March 2022, had submitted their resignations several weeks ago, but that the presidential decree regarding their dismissal was only issued yesterday. Pratikno announced that the pair would be replaced by Public Works and Public Housing Minister Basuki Hadimuljono and Deputy Minister of Agrarian Affairs and Spatial Planning Raja Juli Antoni, until permanent replacements could be found.

It is not clear what motivated the resignations – Pratikno said that “the reasons were not stated in the resignation letter” – but they come at an uncertain time for the Nusantara project, which Jokowi has envisioned as the most concrete legacy of his decade in office. The city is intended as to avoid Jakarta’s pitfalls, and will “be inclusive, green, and sustainable,” as Bambang puts it in a quote still featured on the OIKN’s website. “The construction of a new city is more than just building its physical features,” he adds in the quote. “It is also about designing it in a way that promotes social cohesion and ensuring its residents live comfortably, fairly, and ideally.”

See also  Chabahar in the Crossfire: How Trump 2.0’s ‘Maximum Pressure’ Squeezes India’s Strategic Ambitions

Perhaps unsurprisingly for such a costly and extensive project, the construction of Nusantara has moved forward at a sluggish pace since its ground breaking in mid-2022, struggling to attract the billions of dollars in private investment that it will require. (The government intends to fund less than a fifth of the cost itself.)

The resignations therefore raise questions about Jokowi’s plans for the city to be sufficiently ready in time for him to host this year’s official independence day celebrations there on August 17. As the Jakarta Post reports, the government plans to relocate a handful of cabinet members to Nusantara as early as July, and is currently building the infrastructure necessary for the relocation of the first batch of civil servants – some 12,000 of them – in September.

The government said late last year that basic infrastructure construction for the new capital was nearly 63 percent complete, and that it was on schedule for completion by the end of 2024. But the planned relocation of civil servants and cabinet members in August has been delayed due to the slow pace of construction.

The government insists that the resignations at OIKN will not affect the project’s progress. “The development of new capital will be continued in line with the shared vision that has been established,” Jokowi said in a post on his official Instagram account yesterday. The Indonesian leader is scheduled to visit Nusantara today to inaugurate several projects, including schools, BenarNews reported.

Addressing the press yesterday, Basuki said that the basic infrastructure was now 80 percent complete, and that “expediting investment and land acquisition” would be his priorities as acting head of the OIKN.

See also  Warren Buffett says managers were 'surprised' by the economy

“We will soon decide on the status of the land,” he said, according to Reuters. “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.”

While President-elect Prabowo Subianto, who takes office in October, has pledged to continue developing the Nusantara project, observers say that the abrupt resignations raise questions about the future of the project, which will require years of sustained effort in order to fulfill, even partially, the government’s ambitious vision. “These resignations will make people question the project,” Arya Fernandes, an analyst at Indonesia’s Centre for Strategic and International Studies told Reuters. “The question is how to convince investors that there is no problem.”

Capital Charge Indonesias officials Project step top
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Brookfield Infrastructure Partners Q2 Earnings Call Highlights

August 2, 2026

J.P. Morgan drops Fed rate bombshell over Warsh, inflation

August 2, 2026

Corn Closes July with Weakness

August 2, 2026

Lear Corporation Q2 2026 Earnings Call Summary

August 2, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

SPLC Pleads Not Guilty In High Profile Fraud Case

July 8, 2026

Teen Spurs Fan Dies from Injuries Suffered During NBA Finals Celebration

June 4, 2026

AOC Says Bill Targeting Sex Abusers Is Stalled Due To Her Name

August 1, 2026

Trump Endorses Colombia’s Abelardo de la Espriella in Upcoming Runoff

June 5, 2026
Don't Miss

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

Politics August 2, 2026

Screencap of Twitter/X video. During a recent campaign event, Texas Democrat senate candidate James Talarico…

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026

Sean Astin Sold Home After Low ‘Lord of the Rings’ Salary

August 2, 2026

Marjorie Taylor Greene Marries Brian Glenn In Las Vegas

August 2, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,034)
  • Finance (4,430)
  • Health (2,643)
  • Lifestyle (1,904)
  • Politics (4,084)
  • Sports (4,994)
  • Tech (2,462)
  • Uncategorized (4)
  • World (6,079)
Our Picks

Top NFL Draft prospects at Texas Longhorns feat. Quinn Ewers

July 22, 2023

Dem lawmaker attacks Clarence Thomas as ‘Uncle Tom’ — but makes ironic admission in the process

February 23, 2023

NASA to Address UFO Findings at First Public Meeting

June 1, 2023
Popular Posts

Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

August 2, 2026

U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

August 2, 2026

Sean Astin Sold Home After Low ‘Lord of the Rings’ Salary

August 2, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.