Indonesia to build silicon valley-modeled capital

Indonesia’s new capital city will be modelled on Silicon Valley, a base for tech and creative companies, besides hosting the government apparatus, according to Indonesian President Joko Widodo.

Thursday, September 05, 2019 16:18

Indonesia to build silicon valley-modeled capital ảnh 1

Illustrative image (Source: Reuters)

Jakarta (VNA) - Indonesia’s new capital citywill be modelled on Silicon Valley, a base for tech and creative companies,besides hosting the government apparatus, according to Indonesian PresidentJoko Widodo.

The Jakarta Post quoted Joko’s speech at ameeting with journalists on September 3, saying the yet-to-be named city inEast Kalimantan will foster development of technology startups and digitisedmanufacturing sector.

It will boast an efficient, technology-driven urban system for providing publicservices, Joko said, adding that the capital will also be dotted withworld-class educational institutions, modern hospitals, parks and a greentransportation system with only electric vehicles.

Previously, in August 26, President Joko announced that Indonesia's new capitalwould be moved from Jakarta, which is threatened by land subsidence and severetraffic congestion, to East Kalimantan province.

The plan is forecast to cost 466 trillion rupiah (32.79 billion USD), of which thegovernment will provide 19 percent of the funding, the rest will be invested bypublic and private partners.-VNA

VNA

#new capital city #Indonesia #Silicon Valley #President Joko Widodo #technology startups #igitised manufacturing sector #Vietnamplus #Vietnam News #Vietnam News Agency Indonesia

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