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Saturday, May 4, 2024

Investors sought for ‘Nusantara’

The Indonesian government is rolling out incentives to attract Thai companies to invest in its new capital city, Nusantara.

The incentives were announced by Deputy for Finance and Investment in the Nusantara National Capital Authority, Agung Wicaksono, who spoke at “Business Forum 2023: Investment Opportunities in Nusantara — Indonesia’s Next Capital City”.

The event was organised by the Indonesian Embassy, Indonesia Investment Promotion Centre, and Nusantara National Capital Authority on Friday.

Mr Wicaksono said Nusantara will be more than just a new capital city, it will be the nation’s administrative capital, and epicentre for economic growth for both the country and the wider Southeast Asian region.

“We will begin building government offices soon, and we will make it a smart, sustainable city,” he said, urging Thai investors to join companies…

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