Jakarta (VNA) – Indonesia’s Nusantara National Capital City Authority (OIKN) has recently signed a non-disclosure agreement (NDA) with Singapore’s State Power Investment Cooperation (SPIC) and JOE Green Pte Ltd of Singapore.
The pact was signed concerning the Nusantara Capital City (IKN) development project.
The two companies, which work on renewable energy and waste management, match the OIKN’s top priority sectors. IKN aims to build up to 7.16 gigawatts of renewable energy power to meet the needs of the 1.9-billion population in 2045.
The new capital will be about 2,000 km northeast of Jakarta. After the capital is moved to Nusantara, Jakarta will still be the financial and commercial centre of Indonesia./.
The pact was signed concerning the Nusantara Capital City (IKN) development project.
The two companies, which work on renewable energy and waste management, match the OIKN’s top priority sectors. IKN aims to build up to 7.16 gigawatts of renewable energy power to meet the needs of the 1.9-billion population in 2045.
The new capital will be about 2,000 km northeast of Jakarta. After the capital is moved to Nusantara, Jakarta will still be the financial and commercial centre of Indonesia./.
VNA
