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Indonesia's Jokowi calls for Japan investment in EVs, new capital

Jul 28 (Nikkei) - Indonesian President Joko "Jokowi" Widodo and a top minister have urged Japan to invest in the electric vehicle industry and other infrastructure projects, including in Indonesia's planned new capital, stressing that their country is well positioned for post-pandemic economic growth.

The Indonesian president met Japanese Prime Minister Fumio Kishida in Tokyo on Wednesday, discussing economic cooperation and infrastructure development.

During the meeting, Widodo expressed his hope for more investment by Japanese companies. Kishida promised Japan would provide an official development assistance loan of about 43.6 billion yen ($320 million) for the completion of a hydroelectric power plant in Indonesia, according to a joint press announcement.

Widodo said Indonesia's key development projects include the extension of the Jakarta Mass Rapid Transit system, a liquefied natural gas plant in the offshore Masela Block and the new capital, Nusantara, and asked Kishida to help.

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Prime Minister Ishiba has instructed relevant ministers to draft economic measures focused on addressing rising prices, strengthening growth, and ensuring safety and security.

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Osaka City has handed over land for the Integrated Resort (IR) project, which will include a casino, after signing a contract to lease the land to the developer for 35 years at a monthly rent of 2.1 billion yen.

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Osaka City has handed over land for the Integrated Resort (IR) project, which will include a casino, after signing a contract to lease the land to the developer for 35 years at a monthly rent of 2.1 billion yen.

Japan's Ministry of Internal Affairs and Communications is set to introduce new mobile phone numbers starting with '060,' possibly as early as December, marking the first addition of a new number in 11 years.

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In Japanese business culture, a 'playing manager' refers to a manager who oversees the team while also performing as a front-line player. This role is commonly assumed in the mid-managerial phase, often at the section chief level, where the experience and knowledge gained significantly impact the individual's career trajectory.