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Indonesia’s new capital draws investment

Head of the Nusantara Capital Authority Bambang Susantono has confirmed that 90 domestic and foreign investors could be considered serious in their intent to invest in the new capital.
Indonesia’s new capital draws investment ảnh 1Head of the Nusantara Capital Authority Bambang Susantono (Photo: Antara)

Jakarta (VNA) – Head of the Nusantara Capital Authority Bambang Susantono has confirmedthat 90 domestic and foreign investors could be considered serious in theirintent to invest in the new capital.

Speaking at a hearing meeting with the House ofRepresentatives' Commission XI on February 5, Susantono said among 140investors interested in investing in the new capital, 90 can be classified tohave shown serious intention.

He remarked that the letters ofinterest were from 25 investors in the infrastructure and utility sector, 15 inthe education sector, 10 in the housing sector, nine in the mixed-use andcommercial sector, eight in technology, five in healthcare, four in the state-owned and private office sector, and two inthe government office.

Meanwhile, the public private partnershipscheme in the housing sector is expected to see the development of 184apartment towers, with a total investment value reaching 41 trillion Rp (2.7billion USD).

The head affirmed that the new capital developmentbudget plan remains 80% from private investment and 20% from the State budget./. 

VNA
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