JAKARTA, NETRALNEWS.COM - The study on moving Indonesia’s capital city is being seriously undertaken by the Government. The study is targeted for completion in 2017.

Bambang Brodjonegoro, Minister of National Development Planning, explained that the government will complete the study of moving the capital city in the near future, so that it could actualize the plan as soon as possible.

"Hopefully this year's study will be completed, including the estimated funding. Hopefully we can also find the funding scheme so that activities on the transfer of capital city can start in 2018-2019," Bambang said on Monday (7/3).

Bambang said the government is still looking at a number of aspects related to the planned move from Jakarta to outside the island of Java. First, Bambang said, the government is currently reviewing the most appropriate location determination.

He explained that Kalimantan is currently the most potential island to establish a new capital city to replace Jakarta. However, he still has not determined exactly where the new Capital will stand.

"Most likely on the island of Borneo, although we have not yet set any specific cities as targets, yet," he said.

In addition to location problems, Bambang also said the government is still looking for the most appropriate funding scheme. Because, requires a large amount of funds related to the plan, while the government does not want to burden the state budget.