Indonesian tycoons are trying to build a new city, complete with a port, a theme park, and an F1 racetrack

Indonesian developers are building a $16 billion real estate project in North Jakarta, creating a new city called PIK 2 to drive tourism to the area.

By: Business Insider

Dec 03 2024
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Indonesian tycoons are trying to build a new city, complete with a port, a theme park, and an F1 racetrack — Indonesian tycoons are trying

Indonesian business tycoons want to turn a formerly poverty-stricken area in North Jakarta (not pictured) into a tourist hotspot.Bay Ismoyo/AFP via Getty Images

Indonesian tycoons are workin… [+2819 chars]

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Indonesian tycoons are trying to build a new city, complete with a port, a theme park, and an F1 racetrack

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