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Is the trial of Indonesia to ‘cover up’ the interest of poor foreign investors in project of Jokowi’s Nusantara capital?

The President Joko Widodo confirms that Indonesia is now prioritizing the domestic investors for their legacy project that could shift capital of the nation. On the other hand, the critics says that the confusion over this project, and also ‘election drama’ with the high rate of interest, are now also pushing the foreign investors that could also adopt the approach of wait-and-watch.

The legacy of US$30 billion and the project by Joko Widodo, the Indonesian leader in East Kalimantan gets plagued by definitely uncertainty subsequent to the fact that it was revealed several of foreign investment as well as commitments to city is not well realized, with the set of the economists that are also suggesting overseas backers which is quite much skeptical.

The Critics even confirms that the claim through the authorities which the domestic investors are getting well prioritized in project is basically the cover-up for lukewarm appetite mainly for Nusantara, which is also tipped as next capital of the nation.

Also, Confusion for more that the infrastructure of government mainly focuses with key island related to the Java and also receiving huge set of the projects, along with the “election drama” as well as some high rate of interest that is deterring international investors, have also being contributed to the attitude of wait-and-watch, as per the observers.

On the other hand, Widodo initially indicated that state of the foreign investments available in the Nusantara at the time of the state visit to the United States during the previous week. On Monday, they again reiterated that there is “no real investment” made by the foreign backers that are available in the project, which is also mainly aimed at housing and a minimum of 1,200 of the civil servants in the month of August for next subsequent year.

Hence, more than 300 are signed. I believe that this will also continue to enhance very soon. However, for this day, there is absolutely no real kind of which is also started” Widodo says this on Monday to the reporters.

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