Indonesia plans 2032 Olympics bid for new capital with SoftBank's backing

Son met with Widodo and Blair about the new capital on Feb. 28, and the discussion included sports facilities but not the Olympics, according to a presidential spokesman

The world’s fourth-most-populous country unveiled in August plans to build a $34 billion “smart and green” new capital on the forested island of Borneo to replace the crowded, polluted megacity of Jakarta, which is slowly sinking into the sea.

According to the head of the Indonesia’s investment board (BKPM), the government is evaluating how to make the unnamed new capital its candidate city for the 2032 Olympics. It had already submitted a bid for Jakarta, and it is not clear whether the new plan would include any events there.

BKPM chief Bahlil Lahadalia told Reuters that the tentative plan had been presented