IAW Urges Prabowo to Re-evaluate Rempang Eco-City Amidst Investor Doubts
Indonesian Audit Watch (IAW) has urged President Prabowo to re-evaluate the investment narrative of the Rempang Eco-City National Strategic Project (PSN) after Xinyi Glass Holdings Limited, a purported main investor, denied signing contracts or initiating the project. IAW questions the basis of the Rp174 trillion investment announcement, citing a lack of legal foundation and social-environmental concerns.
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