JAKARTA -- More Indonesian businesses are announcing initiatives to invest in the country's ambitious multibillion-dollar capital relocation project as the start of next year's scheduled move gets closer, even while interest from foreign companies remains tepid over concerns a new president to be elected in February could curtail the plan.
Indonesian President Joko "Jokowi" Widodo, who must step down after the presidential election, has preparations in place for some government functions to be transferred to the new capital, Nusantara, next August.
