The United States Trade and Development Agency (USTDA) has approved a grant of US$2.5 million to support the Nusantara Capital Authority in developing detailed designs and procurement documentation for its priority smart city infrastructure in Indonesia’s new capital city, Nusantara.
The USTDA announced that the funding is intended to improve the development of Nusantara’s smart city initiatives. They also plan to host a reverse trade mission next month, bringing a delegation of senior officials and decision-makers from Nusantara to the US.
They will visit cities like New York, Houston, Austin, and Los Angeles to learn about US smart city technologies, establish business connections, and explore financing and investment opportunities, according to the US Embassy Jakarta in a statement.
Director of the USTDA Enoh T. Ebong, at the Nusantara Business Forum here today, expressed the agency’s commitment to supporting Indonesia’s effort to build a world-class new capital city, stating that this challenging endeavor also presents numerous opportunities for cooperation.
“We share Indonesia’s commitment to developing the kind of high-quality infrastructure that will foster long-term prosperity across the country,” Ebong added.
Her three-day visit to Indonesia, which commenced on Wednesday, will include a tour of Nusantara, which will be unveiled on Aug 17 – coinciding with the country’s Independence Day.
Since its establishment in 1992, the USTDA has been instrumental in fostering infrastructure development in Indonesia, supporting over 100 activities. To deepen its commitment, the agency opened an office in Jakarta in 2021, enhancing its engagement in the country.
The USTDA works to create job opportunities in the US by facilitating the export of American goods and services for vital infrastructure projects in emerging economies.
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Quelle/Source: Bernama, 07.03.2024
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