A road construction site in Kutai Kertanegara in East Kalimantan, where Indonesia’s new capital will come up. Photo: Reuters

Indonesia to tap foreign investors for development of new political seat in East Kalimantan

  • New political and administrative centre to be developed at an estimated cost of US$33 billion
  • Private sector will play an important role in supporting move to new city, JLL says
Topic |   Indonesia

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A road construction site in Kutai Kertanegara in East Kalimantan, where Indonesia’s new capital will come up. Photo: Reuters
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