Tag: China investment in Indonesia
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China’s $4.4 Billion Bet on Indonesia’s New Capital: A Strategic Utility Tunnel for Power and Sensitive Fiber Optics
In a move that underscores Beijing’s growing role in Indonesia’s ambitious new capital, Nusantara IKN, the Indonesian government has given China Harbour Indonesia the green light to develop a massive multi-utility tunnel (MUT) and road infrastructure project, including fiber optics, worth approximately $4.4 billion.