Jakarta, Indonesia's capital, is a huge metropolis with over 10 million inhabitants. It is situated on the northwest coast of Java, the most populous island in the world. Jakarta is Southeast Asia's largest metropolis and the diplomatic capital of ASEAN. The city has a long history dating back to the 16th century when the Sundanese founded it as Sunda Kelapa. The city was taken over by the Dutch East India Company (VOC) in 1619 and christened in Batavia. Batavia flourished into a significant trading port and became the capital of the VOC's Indonesian possessions. When Indonesia gained independence from the Netherlands in 1945, Batavia was renamed Jakarta and became the new republic's capital. Since then, the city has grown rapidly, and its population has increased dramatically. Jakarta is a cultural melting pot, with residents hailing from throughout Indonesia. The architecture of the city shows its rich history, with Dutch colonial structures, Chinese shop houses, and traditional Javanese residences all coexisting. Jakarta is also a major commercial and industrial city. The Indonesia Stock Exchange and the headquarters of several prominent Indonesian corporations are located in the city. Jakarta is also a major transportation hub, with Soekarno-Hatta International Airport being Southeast Asia's busiest airport.