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In World Economic Forum, Kadin Tries to Woo Investors to New Capital

byEditor The Big Durian
20/01/2023
in Asia, General
nusantara

The development of Indonesia's new capital Nusantara in East Kalimantan. (Photo: ANTARA FOTO/Rivan Awal Lingga/rwa)

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The Indonesian Chamber of Commerce and Industry, or Kadin, said the country still looks for global investors to put their money in new capital Nusantara as the association was present at the World Economic Forum’s annual meeting in Davos, Switzerland, on Jan. 16-20.

Chair of Kadin Arsjad Rasjid said in a statement that the concept of green city planned for Nusantara will allow investors to take part and support the long-term development.

“The new capital’s concept as a smart and green city creates opportunities for global investors and technology providers to invest,” he said on Friday, as reported by Antara.

The government has set out an ambitious plan to make Nusantara a sustainable city which can potentially become a carbon-neutral city by 2045 as administration aims to plant 15 million trees and conserve up to 65 percent of forests in the surrounding areas.

Tags: indonesia new capitalKalimantannusantara

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