Indonesia, Japan ink MoUs on new capital development

Indonesia, Japan ink MoUs on new capital development

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.
Indonesia offers tax incentives to attract investors to new capital

Indonesia offers tax incentives to attract investors to new capital

Indonesia has unveiled a host of tax breaks to attract companies and people to move to its new capital Nusantara in the heart of Borneo.