142 Investor Interested in Developing Nusantara

N/A • 9 February 2023 01:27

The National Capital Authority for Nusantara has claimed that there are 142  investors interested in the development of the new capital city in East Kalimantan.
During a meeting with the comission 11 of the Indonesian House of representatives Bambang Susantono explained, that he has recieved many letters of interest on the development of Indonesia's new capital city, Nusantara in East Kalimantan. Last week, there were 142 investors that submitted a letter of interest and 90 of them are considered serious about the development plans.

According to Susanto, the investors will go through a business process that starts with a collaboration sceheme with the Indoensian government and busines entity cooperation and other key business players. 

The total funds for the development of the new capital city, Nusantara will be split 20% will come from the Indonesian state budget funds and 80% will come from the businesses schemes of the private sector. 
(Nienda Farras Athifah)