At a conference in Singapore in June 2023, Widodo tried to reassure investors the venture would continue on irrespective of who'd win the 2024 Indonesian presidential election, and that Nusantara was a "golden possibility" for expenditure.
Dwipayana certain that Nusantara's growth will continue on simply because its continuity has obtained comprehensive assistance from Prabowo.
“We constantly offer supervision as get the job done progresses, which includes on the development of Actual physical infrastructure,” he mentioned.
Hence, The federal government demands to ensure that the spending plan allocated for IKN is expended optimally. He indicates which the price range need to be focused on projects that have a larger impact on accelerating enhancement and attracting investor interest, like transportation and Power infrastructure assignments.
Until eventually now, The federal government has continuously done roadshows in various international locations to advertise financial investment possibilities in the new authorities centre.
Depending on the Nusantara Good Town Blueprint, the city's advancement has actually been divided into 5 phases, with the initial section (2022–2024) involving the relocation in the cash from Jakarta to Nusantara.
By the top of Joko Widodo's presidency, quite a few properties had been concluded like the Point out Palace, ministry places of work, household properties, monuments and parks, in addition to jobs exterior federal government price range like hotels, hospitals, and PSSI education Heart. On 17 August 2024, Indonesia officially celebrated its Independence Working day for The very first time in Nusantara.
The government's exertion to entice overseas expense to the Nusantara Cash City (IKN) megaproject has established being fairly tough. Until the 8th number of groundbreaking ceremonies, investment in the new governing administration centre has nonetheless mainly relied on domestic traders and also the state funds.
Financial institution Permata Head Economist noted that The federal government is in a dilemma. On one particular hand, the APBN need to catch the attention of traders, but Then again, their fiscal potential may be very limited.
On this context, economists imagine the new regulation will rely seriously on the government’s capacity to produce small business incentives and bring in expenditure.
Layanan kereta api akan menghubungkan ibu kota baru ke jalan tol yang ada di Kota Balikpapan.[53] Sistem kereta api antarkota dan regional baru akan dibangun untuk menghubungkan ibu kota baru dengan kota-kota dan bandara tetangga yaitu Samarinda (Bandara Internasional Samarinda) dan Kota Balikpapan sebagai bagian dari rencana yang lebih besar untuk jaringan kereta api Trans-Kalimantan yang menghubungkan seluruh sisi Pulau Kalimantan di Indonesia dengan layanan kereta api.[54]
Indonesian presidential plane Avro RJ85 landing at Nusantara Worldwide Airport. To obtain the purpose of having eighty% of IKN transportation supported by non-private signifies, an extensive community transportation network is prepared for the new capital.
As a result, Josua is encouraging The federal government to aggressively optimise other strategies by enabling more substantial contributions from your private sector.
Prabowo said the Independence Working day ceremony in 2025 can even be held in the new funds, but he hasn't still verified irrespective of whether it'll take place at both equally Merdeka Palace in Jakarta along with the Condition Palace in Nusantara, because it did in 2024.