Chinese companies seek opportunities in Indonesia's new capital

$31bn development project on Borneo so far falling short of investment goals

20230525 IDN China

Chinese companies participating in a smart city exhibition in Jakarta have their eyes on Indonesia's ambitious project to relocate its capital to the island of Borneo. (Photo by Ismi Damayanti)

NANA SHIBATA and ISMI DAMAYANTI, Nikkei staff writers

JAKARTA -- Chinese businesses want to be a part of Indonesia's ambitious multibillion dollar capital relocation project, as officials struggle to draw investment pledges from foreign companies elsewhere.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.