November 17, 2020, 10.30 PM

The fund will also be allocated for the development of Indonesia’s new capital city in East Kalimantan, he said.

Media reported that Indonesia’s President Joko Widodo last year announced to move the current national capital from Jakarta to East Kalimantan Province. The project will cost about $33 billion to build a smart and green city in early 2021.

(Writer: Ade Miranti Karunia | Editor: Yoga Sukmana)

Source: https://money.kompas.com/read/2020/11/17/154706726/tahun-ini-luhut-perkirakan-swf-terkumpul-6-miliar-dollar-as.

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