INDONESIA: Moving to Nusantara
BY Nimitt Dixit |
In April 2017, the Indonesian government led by Joko Widodo (better known as Jokowi) announced its plan to move the country's capital from Jakarta to a new city called Nusantara. With the inauguration set to happen in August next year, the government has laid out a plethora of incentives to attract investment to the new capital. There is, however, uncertainty over the country’s political and regulatory landscape, which keeps law firms in Indonesia busy.