Singaporean firms sign deal to invest in Indonesia’s new capital
Indonesia’s Nusantara National Capital City Authority (OIKN) has recently signed a non-disclosure agreement (NDA) with Singapore’s State Power Investment Cooperation (SPIC) and JOE Green Pte Ltd of Singapore.
Jakarta (VNA) – Indonesia’s Nusantara NationalCapital City Authority (OIKN) has recently signed a non-disclosure agreement(NDA) with Singapore’s State Power Investment Cooperation (SPIC) and JOE GreenPte Ltd of Singapore.
The pact was signed concerning the Nusantara Capital City(IKN) development project.
The two companies, which work on renewable energy and wastemanagement, match the OIKN’s top priority sectors. IKN aims to build up to 7.16gigawatts of renewable energy power to meet the needs of the 1.9-billionpopulation in 2045.
The new capital will be about 2,000 km northeast of Jakarta. After the capitalis moved to Nusantara, Jakarta will still be the financial and commercialcentre of Indonesia./.
The Indonesian Finance Ministry is mulling adding around 8 trillion IDR (531 million USD), to this year’s budget plan for Indonesia’s new capital megaproject Nusantara.
The Indonesian government has called on Czech investors to join developing environmentally friendly mass transportation in the future capital of Nusantara.
Indonesia and Japan have signed five memoranda of understanding (MoUs) and 24 letters of intent (LoIs) on the development of the new Indonesian capital (IKN) of Nusantara, the Nusantara Capital City Authority (OIKN) has informed.
Indonesian Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono has invited Singaporean investors to invest in the new capital city of Nusantara (IKN).
Indonesia’s parliamentary budget committee has approved additional 15 trillion IDR (1.01 billion USD) to speed up the construction of the flagship new capital Nusantara on Borneo island, the committee’s chair Said Abdullah announced on June 9, according to Business world.in.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
