Jakarta's primary challenges include rapid urban growth, ecological breakdown, gridlocked traffic, congestion, and flooding. Jakarta is sinking up to 17 cm (6.7 inches) per year, which, coupled with the rising of sea levels, has made the city more prone to flooding. It is one of the fastest-sinking capitals in the world. In August 2019, as a result of these challenges, President Joko Widodo announced that the capital of Indonesia would be moved from Jakarta to the province of East Kalimantan on the island of Borneo. The city has over 35 colleges and universities, including University of Indonesia, State University of Jakarta and the University of National Development "Veteran" Jakarta. 