PREMIUM4 cities to be transformed into major metropolises in new plan to improve economic equality

PREMIUM4 cities to be transformed into major metropolises in new plan to improve economic equality

first_imgFacebook LOG INDon’t have an account? Register here Forgot Password ? Linkedin Google In addition to building a new capital, the government plans to transform four regional cities into major metropolises with the goal of spreading economic activity beyond the busy island of Java and fostering new economic powerhouses, a minister had said.National Development Planning Minister Suharso Monoarfa said the capital relocation would boost investment in East Kalimantan by 47.7 percent. East Kalimantan’s regional domestic product is expected to grow by 7.3 percentage points (ppt) and the multiplier effect is expected to contribute an extra 0.6 ppt to nationwide GDP.Read also: New capital city to contribute little to Indonesia’s economic growth: IndefAside from the capital relocation, the government has also set its sights on transforming four regional cities into major metropolises, namely Palembang in South Sumatra, Banjarmasin in South Kalimantan, Makassar … Log in with your social account Topics : Metropolis cities development capital-city-relocation bappenas development-plan RPJMN-2020-2024last_img

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