Indonesia’s Parliament Approves USD 1 Billion Increase for Construction of New Capital
Indonesia is ready to build its new capital, Nusantara, and the country’s parliament budget committee has recently granted an additional IDR 15 trillion (USD 1 billion) to expedite the project. The additional IDR 15 trillion is on top of the IDR 22 trillion (USD...
Indonesia and Dubai to Collaborate for the Development of the Belawan Seaport
The Indonesia Investment Authority (INA), in partnership with Dubai Port World (DP World) from the United Arab Emirates (UAE), established a consortium named INA-DPWorld Investment Ltd (INA DPWorld). Together with Prima Terminal Petikemas Ltd (PTP), a subsidiary of...
Vietnam’s Logistics Sector Appealing to Investors Amidst Upgrade Plans
Vietnam recently announced plans to upgrade its logistics infrastructure in the southeast region. This key southern economic region covers Ho Chi Minh City (HCMC) and the five adjacent provinces of Dong Nai, Ba Ria – Vung Tau, Binh Duong, Binh Phuoc, and Tay Ninh. The...