Indonesian consortium launches $1.3bn project at new capital site

Indonesian consortium launches $1.3bn project at new capital site

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NUSANTARA, Indonesia -- A consortium of Indonesian conglomerates led by property giant Agung Sedayu Group on Thursday broke ground on the first private sector-backed development project in Indonesia's planned new capital city of Nusantara. President Joko Widodo attended the groundbreaking ceremony…

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