Indonesia's President Joko Widodo on Wednesday launched construction of a 3 trillion rupiah ($193.32 million) mixed-use property complex in the planned new capital city Nusantara.

The complex will be developed by a local company and includes a mall, hotel, apartment, office buildings, and school, Widodo said in a video statement. It is among 10 trillion rupiah of projects expected to officially get underway Wednesday at Nusantara on Borneo island.

($1 = 15,518.0000 rupiah) (Reporting by Stefanno Sulaiman; Editing by Martin Petty)