The Indonesian government has announced a package of incentives aimed at attracting businesses to invest in the new capital city of Indonesia, which is currently being built in East Kalimantan. The incentives include tax breaks, accelerated permit processes, and land acquisition support. The government hopes that these incentives will help attract foreign and domestic investors and speed up the construction process of the new capital. The new city is seen as a way to address the overpopulation and infrastructure problems in Jakarta and create a more sustainable urban center for the country.
Full article: https://asianews.network/indonesia-govt-dishes-out-incentives-to-make-headway-on-new-capital/
March 13, 2023
