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Indonesia’s new capital project attract investors

Many investors are interested in Indonesia’s new capital city or IKN Nusantara project, said Minister of Public Works and Housing (PUPR) Basuki Hadimuljono.
Indonesia’s new capital project attract investors ảnh 1IKN Nusantara project (Photo: AFP)
Jakarta (VNA) – Many investors are interested inIndonesia’s new capital city or IKN Nusantara project, said Minister of Public Worksand Housing (PUPR) Basuki Hadimuljono.

With the high interest of foreign investors, the official wasoptimistic that the project could be mainly funded from investment instead ofthe state budget, reported Indonesian weekly magazine Tempo.

He listed a series of sectors for the investment, includingroad construction, drinking water, education, and hospitals.

According to the minister, the Indonesian Government hasworked with the Malaysian and Japanese sides to hold forums to promote investmentin the project.

PUPR spokesperson Endra Atmawidjaja said at least 183Malaysian investors, working in the sectors of property, health, digital, startup,transportation, and energy, are interested in investing in the new capital city./.
VNA

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