May 13, 2025

IKN-Authority

Finance

Finance Ministry to backstop foreign investment in Nusantara: OIKN – Regulations

he Finance Ministry will provide guarantees to support foreign investment in the country’s future capital city, currently under construction in East Kalimantan, the Nusantara Capital City Authority (OIKN) has said. The guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur

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