Jakarta, Feb. 5 -- The Nusantara Capital City Authority's Business Entity (BUO IKN) will collaborate with the Indonesia Investment Authority (INA) to attract foreign investment to Nusantara.

"Now, foreign investors start to enter, and, of course, it (the process) is more rigid compared to the locals (domestic investors) as they trust us more," president director of BUO IKN, Boyke Soebroto, informed after meeting President Joko Widodo (Jokowi) here on Monday.

He said that the cooperation between BUO IKN and INA will mark the beginning of Nusantara's development through the absorption of foreign investment after various domestic investments have been realized.

"Mr. President said that there are some stages for foreigners. They would ask:...