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Indonesia's East
Kalimantan

Capital City Relocation Plan

& Real Estate Investment
Conference 2020

30 & 31 March 2020* Samarinda City, East Kalimantan, Indonesia***

  1. Overview
  2. Programme
  3. Gallery
  4. Delegates
  5. Exhibition Opportunities


New Indonesian capital offers opportunities for economic growth and development, with scheme to allow private investment to participate in this massive project, to be financed by the government as well as through private-public partnerships, costing US$33 billon, of which the state will fund 19%, with the rest from public-private partnerships and private investment, in addition, East Kalimantan still needs massive infrastructure and facility developments before it is ready to support operations as the new capital, as such, this will require intensive capital investment from both the private and public sectors, towards financing urban redevelopment project and real estate development, including new government offices and homes for about 1.5 million civil servants, who are expected to start moving to the new capital in 2024, in addition, a further unprecedented shifts in population expected to relocate to this 'green, smart' capital city requiring significant demand for residential, commercial and mixed-used real estate development

The burden Jakarta is holding right now is too heavy as the centre of governance, business, finance, trade and services. On 26 August 2019, Indonesian President Joko Widodo announced plans to move Indonesia’s capital city from the climate-threatened Jakarta to the sparsely populated island of Borneo. The chosen site for the new city has been announced. The relocation aims to ease the pressure on Jakarta by moving its administrative functions about 1,000km to Kalimantan, which is the Indonesian portion of the island of Borneo. The relocation is planned to take about 10 to 15 years to complete. Based on the government announcement, construction of the new capital will cost US$33 billion. The government plans to begin construction of the new city as soon as 2021, with the first phase of the city slated for completion in 2024 that will span 20 square kilometers (8 square miles). By 2045, the new capital will be spread over 2,000 square kilometers of land, and no protected forests will have to be deforested for the new development. In fact, the relocation project restore the environment in East Kalimantan, while ensuring the environment will not be disturbed as the development of new capital takes place. In the meantime, East Kalimantan still needs massive infrastructure and facility developments before it is ready to support operations as the new capital, as such, this will require intensive capital investment from both the private and public sectors to finance urban redevelopment project and real estate development to transform and provide the level of urban vibrancy of a capital city. Against this development, the relocation of the capital will bring massive construction and new economic activities to East Kalimantan, which will generate increased demand for land and properties in the area and the surge of commercial property development is expected to occur. In addition, the conference will review other pertinent issues including the urgency of the capital city relocation plan, key concerns in planning a new capital, challenges and opportunities, as well as benchmarks from various best practice in relocation of capital cities, including sharing of perspective on key policy challenges face by national policymakers, particularly in the context of development financing constraint, development consistency of long term program as well as creating a new capital city that is developing and functioning optimally.