Nusantara was meant to embody Indonesia’s future: a green, modern capital rising from Borneo’s forests. But amid funding cuts and political indifference, the US$28.6 billion project risks becoming a costly monument to unfinished ambition.
The eventual plan? Moving the seat of government there from Jakarta. But this is now clouded by uncertainty after President Prabowo Subianto made no meaningful mention of the city in recent speeches.
Officials insist the project remains on track, but analysts…
