Indonesia's parliament adopts bill to move capital to Borneo

Indonesia's House of Representatives on Tuesday adopted a bill that will see the government relocate the nation's capital from congested Jakarta on Java Island to Borneo, the world's third largest island.The capital, to be named Nusantara meaning archipelago, will be moved possibly in 2024 to a location in East Kalimantan Province in eastern Borneo, over 1,200 kilometers away from Jakarta.The new capital will sit on about 256,000 hectares of land, according to the legislation. While most central government bodies will move there, Jakarta will remain as the center of business, trade, finance…READ FULL ARTICLE