JAKARTA: SoftBank Group Corp founder Masayoshi Son will no longer be an investor in Indonesia’s US$34bil (RM142.5bil) project to build the new capital in Borneo as the country turns its focus on Middle Eastern and Chinese investors.
“There’s no more story on Masayoshi, he’s out,” according to Coordinating Minister for Investment and Maritime Affairs Luhut Panjaitan in an interview.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!