Indonesia: UAE Crown Prince to Lead New Capital Construction | Voice of America


Abu Dhabi’s crown prince has agreed to lead a committee that will oversee the construction of a new capital city for Indonesia that is estimated to cost $34 billion, an Indonesian official said Tuesday.

Crown Prince Sheikh Mohammed bin Zayed Al Nahyan said it would be “an honor to play a role in the development of the largest Muslim-majority country,” Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan said in a statement.

The committee will also include Masayoshi Son, the billionaire founder and chief executive of Japanese holding company SoftBank, and former British Prime Minister Tony Blair, who currently runs the Tony Blair Institute for Global Change, he said.

Source: Indonesia: UAE Crown Prince to Lead New Capital Construction | Voice of America – English

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