Indonesia's new capital draws water businesses from East Asia

Japanese, Chinese and South Korean companies eye opportunity as move nears

20240527 Japan Korea Water exhibition 2

A unit of Chinese conglomerate CITIC exhibits its products at a water business expo in Bali: The company is looking for opportunities in Indonesia. (Photo by Nana Shibata)

NANA SHIBATA, Nikkei staff writer

BALI, Indonesia -- Water infrastructure companies from Japan, China and South Korea are eager to take part in Indonesia's ambitious multibillion-dollar project to build a new capital, as the first phase of the relocation is set to start in August.

The Indonesian government plans to relocate the capital from Jakarta to Nusantara, a new city being built on the island of Borneo. While the country is still developing the city's basic infrastructure, it expects to have a population of 2 million by 2040 and host a range of industries, creating huge demand for clean water and water management systems.

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