Finance minister: Malaysia’s cooperation in development of Indonesia’s new capital in Kalimantan welcomed | Malay Mail

JAKARTA, Nov 12 — The Indonesian business community is happy with the interest shown by Malaysian companies to collaborate in the development of the republic’s new capital city in East Kalimantan.

“So it is up to the private companies on how they can interact and engage the local authorities and the government here,” he said. Tengku Zafrul said the Indonesian business community sees the Malaysian’s economy and policies remaining stable and open despite several leadership changes.Among them are government-linked investment companies such as Khazanah Nasional Bhd, Perbadanan Nasional Bhd and the Employees Provident Fund which have already started investing more actively, capitalising on opportunities to cooperate with Indonesia.

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