Jakarta subsides by 8cm every year...The relocation of the capital is unclear.

[Anchor]
Indonesia's new president Prabowo, the Southeast Asian power, will take office today.

With the inauguration of the new government, the previous government's ambitious plan to relocate the capital has also faced a new crisis.

There are even observations that the business could run aground.

I'm a YouTube reporter on the report.

[Reporter]
Two months ago, the first Independence Day event was held in Nusantara, Indonesia's new capital city.

Two years ago, there was a magnificent building in the place that was a tropical jungle.

But the inside is complicated.

As the overall process rate is only 15%, the official announcement of Cheondo has been delayed without promise.

[Joko Widodo / President of Indonesia (last July): The relocation of the capital is a huge project that takes 15 to 20 years. [It's not a plan for a year or two]

Indonesia decided to move to the capital because its current capital, Jakarta, is not sustainable.

Jakarta, a huge city of 11 million people, is sinking 8cm every year.The ground is collapsing as the ground continues to extract the

groundwater, and climate change has rapidly risen to sea level, flooding the northern part of the country.

It is holding up by building a huge breakwater, but at this rate, half of the city is expected to sink by 2100.

On top of that, air pollution and traffic congestion have also reached their limits.

In the end, the Joko Widodo government decided to build a huge capital city, more than four times the size of Seoul, in a jungle 1,200 km away.

However, the construction is being delayed due to the inability to raise funds on time.

Originally, 80% of the cost of over 43 trillion won was planned to be covered by private investment, but the investment attraction performance is still insignificant.

Political opposition is also formidable.

The new president, Prabowo, is also in favor of relocating the capital in principle, but unlike the campaign, he has turned lukewarm.

[Prabowo Subianto / President-elect of Indonesia (last August): Like other capitals, even if it takes decades, the relocation will certainly be completed.]


If Prabowo's pledge of free school meals for children is carried out as scheduled, the financial injection of the capital relocation project could be stopped.

It's YTN YouTube.