Nusantara Is Not Built in a Day: Indonesia’s New Capital and Opportunities for Russian Investments

... Malaysia has expressed keen interest. During a two-day visit, Malaysian Prime Minister Anwar Ibrahim agreed with President Joko Widodo to joint cooperation in the development of the future capital and the island of Kalimantan at large, as the island ... ... offers a number of fiscal and non-fiscal incentives for foreign investors in Nusantara, including 30-year tax remissions for investments in utilities and infrastructure, tax deductions for research and scientific development in Nusantara, and 20-year ...