“I think Nusantara still needs big budget allocations,” as the infrastructure installed so far was still “very, very basic”, Indonesian Employers Association's Bob Azam said. — The Jakarta Post
JAKARTA: Businesses want to see the state allocate more funds to Nusantara’s development before they themselves feel confident about investing in the future capital city.
Indonesian Employers Association labour affairs chairman Bob Azam told The Jakarta Post yesterday that the mega projects’ pace of development was still dictated by state spending and private firms needed to be convinced of the government’s commitment before the project could move entirely into private-sector hands.
“I think Nusantara still needs big budget allocations,” as the infrastructure installed so far was still “very, very basic”, said Bob.
He pointed out that only the future state palace had been erected, while premises for ministries and the House of Representatives had yet to see the light of day.
The state budget draft formulated by the outgoing government only earmarked an allocation of 137 billion rupaih for the Nusantara Capital City Authority, the special governing body for the future capital. — The Jakarta Post/ANN
