Investors from UK to Japan keen on developing new Indonesian capital

A motorcade transporting Indonesia's President Joko Widodo accompanied by officials visiting North Penajam Paser district near Sepaku in East Kalimantan where the government is set to build it's new capital city replacing Jakarta. - Indonesian Presidential Palace/AFP

JAKARTA (The Jakarta Post/ANN): At least five foreign investors have expressed their interest in developing Indonesia's new capital city in East Kalimantan, a minister has said, as the government seeks greater private sector involvement in financing the relocation plan.

National Development Planning Minister Soeharso Monoarfa said that the prospective investors were from the United Arab Emirates (UAE), the United States (US), the United Kingdom (UK), Japan and Germany.