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View all search resultsIndonesia received US$3 billion in investment earmarked for its tourism sector from a prominent developer based in the United Arab Emirates during a high-level visit led by President Joko “Jokowi” Widodo to pitch the Nusantara Capital City (IKN) project.
President Joko “Jokowi” Widodo flew to the United Arab Emirates on Tuesday in yet another attempt to persuade investors to put their money into Nusantara, as the outgoing leader’s administration races to complete the capital relocation project amid lingering doubts.
Prabowo in his capacity as Indonesian defense minister has in recent years boosted security cooperation with the Gulf nation. Prabowo revealed last year that his team was negotiating with the UAE for the procurement of several used Dassault Mirage 2000-9 fighter jets.
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