andhra_jp Posted August 2 Report Share Posted August 2 Nusantara is the future capital of Indonesia, scheduled to be inaugurated on 17 August 2024, coinciding with Indonesian Independence Day. Nusantara will replace Jakarta as the national capital. Construction began in July 2022, starting with land clearing and the construction of access roads.The initial phase, known as the 'Government Central Area zone', will comprise government offices, schools, and hospitals. The project is estimated to be worth Rp 523 trillion (US$35 billion) and will be finished in 5 phases Financial problems In March 2022, the Japanese SoftBank Group withdrew from the project because of uncertainty about returns. According to Indonesian Maritime Affairs and Investment Coordinating Minister Luhut Panjaitan, the investment would have totalled U$30–40 billion. This was a setback as the Indonesian government had planned to supply only 19.2% of the project funding from state funds, with the balance coming from domestic and foreign investors. In November 2023, Jokowi admitted that not a single foreign investor had put money into Nusantara. Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 2 Author Report Share Posted August 2 https://www.wsj.com/video/series/breaking-ground/why-a-plan-to-save-indonesias-sinking-capital-is-falling-apart/3425D085-DF6E-46C2-84FA-9B5A4FD1F6C6?mod=world_videos_pos5 Quote Link to comment Share on other sites More sharing options...
Hitman Posted August 2 Report Share Posted August 2 USA lo recession vaste.. Yes. If USA market rebounds.. Amaravathi will flourish. . 1 Quote Link to comment Share on other sites More sharing options...
Sreeven Posted August 2 Report Share Posted August 2 Oka country capital tho oka state capital comparisons super..aina India lo vunna population ki ekkada eam pettina fail avvadu.. 2 Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 2 Author Report Share Posted August 2 2 minutes ago, Sreeven said: Oka country capital tho oka state capital comparisons super..aina India lo vunna population ki ekkada eam pettina fail avvadu.. population agreed but indonesia new capital problem is lack of foreign investment !! Already looks like few proposed smart cities/capitals are in pending list around the world...so world bank ayina asian banks ayina loans ichhe tappudu returns chusukuntaaru and not sure how much amaravati project can grab loans... Quote Link to comment Share on other sites More sharing options...
Hitman Posted August 2 Report Share Posted August 2 6 minutes ago, Sreeven said: Oka country capital tho oka state capital comparisons super..aina India lo vunna population ki ekkada eam pettina fail avvadu.. real estate rates topped at par with Hyd / Bangalore. aa rates evaru invest cheyyaleru... if world wide slump continuous... Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 3 Author Report Share Posted August 3 IIT-Madras and Hyderabad experts to inspect constructions in Amaravati Experts from IIT-Madras and IIT-Hyderabad will visit Amaravati on August 2 (Friday) and 3 (Saturday) to assess the conditions of the government buildings, whose construction works were stopped midway. The State government has asked the IIT-Madras and IIT-Hyderabad teams to study the technical issues relating buildings in Amaravati. While works on some buildings were stopped midway, few others were stopped at the foundation level. Two experts each from IIT-Madras and IIT-Hyderabad would inspect the constructions and submit their reports. Quote Link to comment Share on other sites More sharing options...
manadonga Posted August 3 Report Share Posted August 3 Nusantra population is amost 5000 matrame amaravati it self has 120k population mangalagiri tadepalli corporation has more populas than kadapa as per 2011 population Greater Vijayawada next to greater vizag guntur is bigger than warangal tricities all population is more than 40 lakhs nussantra will have growth once started 2 Quote Link to comment Share on other sites More sharing options...
akkum_bakkum Posted August 3 Report Share Posted August 3 3 hours ago, andhra_jp said: IIT-Madras and Hyderabad experts to inspect constructions in Amaravati Experts from IIT-Madras and IIT-Hyderabad will visit Amaravati on August 2 (Friday) and 3 (Saturday) to assess the conditions of the government buildings, whose construction works were stopped midway. The State government has asked the IIT-Madras and IIT-Hyderabad teams to study the technical issues relating buildings in Amaravati. While works on some buildings were stopped midway, few others were stopped at the foundation level. Two experts each from IIT-Madras and IIT-Hyderabad would inspect the constructions and submit their reports. What r u trying to imply?....tell that first Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 4 Author Report Share Posted August 4 11 hours ago, manadonga said: Nusantra population is amost 5000 matrame amaravati it self has 120k population mangalagiri tadepalli corporation has more populas than kadapa as per 2011 population Greater Vijayawada next to greater vizag guntur is bigger than warangal tricities all population is more than 40 lakhs nussantra will have growth once started Nusantara is supposed future capital of Indonesia.. so you cannot restrict it to 5k even if its in today's terms... Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 4 Author Report Share Posted August 4 11 hours ago, akkum_bakkum said: What r u trying to imply?....tell that first I am only concerned with financial implications of amaravati project.... anta loan meeda vachhina dabbulatoo kattadam and with additional interest to be paid to the banks, also our CBN promised additional interest to the farmers as well for the next 5yrs ! Unless things move quickly from central govt there can be hardly any visible progress to be seen on the ground... Also 15k is no where sufficient for the massive grand gala capital proposed by our CBN.. This month 15th nunchi free buses for women anta add that bokka also to the existing khajana... already 4k pension bharam vundi on top of head.. This govt should not forget rest of A.P infrastructure also to be improvemend be it roads and other issues... Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 4 Author Report Share Posted August 4 15 hours ago, andhra_jp said: IIT-Madras and Hyderabad experts to inspect constructions in Amaravati Experts from IIT-Madras and IIT-Hyderabad will visit Amaravati on August 2 (Friday) and 3 (Saturday) to assess the conditions of the government buildings, whose construction works were stopped midway. The State government has asked the IIT-Madras and IIT-Hyderabad teams to study the technical issues relating buildings in Amaravati. While works on some buildings were stopped midway, few others were stopped at the foundation level. Two experts each from IIT-Madras and IIT-Hyderabad would inspect the constructions and submit their reports. Quote Link to comment Share on other sites More sharing options...
manadonga Posted August 4 Report Share Posted August 4 2 hours ago, andhra_jp said: Nusantara is supposed future capital of Indonesia.. so you cannot restrict it to 5k even if its in today's terms... Bussantra will be bigger city like hyd by 2100 because java has so many issues jakarta is submerged with ocean 1 Quote Link to comment Share on other sites More sharing options...
andhra_jp Posted August 4 Author Report Share Posted August 4 18 minutes ago, manadonga said: Bussantra will be bigger city like hyd by 2100 because java has so many issues jakarta is submerged with ocean Thats after 75yrs !!! Current problem for Nusantara is not a single foreign investor had put money into the project even though project started 2yrs ago ! This is where similarity lies for amaravati... lack of proper funding and no foreign investors interested in amaravati project. Quote Link to comment Share on other sites More sharing options...
Konebhar6 Posted August 4 Report Share Posted August 4 Keep land rates on earth for investments to come ... Dont go overboard on land prices .. they have to be 1/6 of land prices in hyd. You cannot compare infrastructure. Need to attract businesses. 1 Quote Link to comment Share on other sites More sharing options...
.thumb.gif.343fe49c7e1c507ae0056326bd8cf77e.gif)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.