KONTAN.CO.ID - JAKARTA. Indonesia is preparing an incentives package to attract investment in its future $32 billion capital city Nusantara, an official said on Tuesday, hoping to deliver on a key plank of President Joko Widodo's economic agenda. The megaproject entails moving the capital of Southeast Asia biggest economy from heavily congested Jakarta to an underdeveloped area on Borneo island. Early construction started a few months ago. Baca Juga: OPEC+ Supply Cuts Loom Over Already Tight Oil Market
Indonesia to Offer Investment Incentives for New Capital
KONTAN.CO.ID - JAKARTA. Indonesia is preparing an incentives package to attract investment in its future $32 billion capital city Nusantara, an official said on Tuesday, hoping to deliver on a key plank of President Joko Widodo's economic agenda. The megaproject entails moving the capital of Southeast Asia biggest economy from heavily congested Jakarta to an underdeveloped area on Borneo island. Early construction started a few months ago. Baca Juga: OPEC+ Supply Cuts Loom Over Already Tight Oil Market