Indonesian President Joko Widodo has sought to reassure investors about policy continuity after he steps down from office next year. Speaking at the Ecosperity forum in Singapore, he said, no matter who leads Indonesia after the February 2024 election, the focus on economic expansion will remain. This includes the development of the country's new capital city Nusantara. Analysts said the $32- billion Nusantara development has so far failed to attract big-ticket investments.

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