New Capital City Development 'Will Happen,' Asserts Investment Minister
Indonesian Investment Minister Bahlil Lahadalia firmly stated on July 21, 2022, that the development of the new capital city, Nusantara (IKN), is a 'done deal' and will proceed. Addressing criticisms, he asserted that numerous countries have expressed interest in investing in the project, driven by President Joko Widodo's initiative to relocate the capital from Jakarta due to its congestion and environmental issues.
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