[Source]
The National Monument is a 433 ft (132 metre) tower in the centre of Merdeka Square, Central Jakarta, symbolizing the fight for Indonesia. After the Indonesian government returned to Jakarta from Yogyakarta in 1950 following the Dutch recognition of Indonesian independence, President Sukarno began to contemplate the construction of a national monument comparable to the Eiffel Tower on the square in front of the Presidential Palace. Construction began in 1961 under the direction of President Sukarno. Monas was opened to the public in 1975. It is topped by a flame covered with gold foil. [Wiki]
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