Tag: foreign investment in IKN
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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.
An Iranian man shouts anti-U.S. and anti-Israeli slogans while standing in front of a portrait of Iran's new Supreme Leader, Ayatollah Mojtaba Khamenei, the son of the late Leader Ayatollah Ali Khamenei, during a rally to pledge allegiance to Mojtaba Khamenei amid the U.S.-Israeli military campaign in Tehran, Iran, on March 9, 2026. (Photo by Morteza Nikoubazl/NurPhoto) (Photo by Morteza Nikoubazl / NurPhoto / NurPhoto via AFP)
By Amanda Chen One week into the war triggered by the American-Israeli joint offensive on Iran launched on Saturday, February 28, Tehran’s retaliation has already expanded from targeting U.S. military assets to striking Gulf energy and civilian infrastructure. On March 7, Iranian President Masoud Pezeshkian publicly apologized to ...
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.