Indonesian President Joko Widodo has announced the capital will be moved to an area that forms part of the North Penajam Paser and Kutai Kartanegara regions in its province of East Kalimantan, on the island of Borneo.
Widodo said on Monday that moving the capital from Jakarta would cost 466 trillion rupiah ($A48.4 billion), of which the state would fund 19 per cent, with the rest to come from public-private partnerships and private investment.
The move has been a long time coming, first being suggested in the 1940s.
(Source: YouTube Sekretariat Presiden)
