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Ferro-alloys.com：Indonesia is constructing a new capital named Nusantara in the jungle region of East Kalimantan, located on the island of Borneo, which is shared with Malaysia.

Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, highlighted the significance of the Nusantara Capital City(IKN) construction projects in showcasing Indonesia's steel capabilities.

He stressed the importance of enhancing Indonesia's steel industry's international recognition, leveraging competitive labor costs compared to rising costs in Vietnam and China. Hartarto emphasized the opportunity for Indonesia to capitalize on its demographic dividend.

• [Editor:Alakay]