In a convention in Singapore in June 2023, Widodo made an effort to reassure traders the challenge would continue on no matter who'd acquire the 2024 Indonesian presidential election, Which Nusantara was a "golden opportunity" for financial investment.
“The government have to watch out in building conclusions about funds allocation for IKN,” he stated.
“We continuously provide supervision as function progresses, like on the event of Actual physical infrastructure,” he mentioned.
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Trees getting planted as the town is intended to be sustainable. The Ministry of Community Functions and Public Housing arranged a cash metropolis style and design contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Region')[46] by City+ was formally introduced on 23 December 2019. The government undertook to collaborate on the design on the profitable team with that of the 2nd- and 3rd-placed teams, and Worldwide designers, to sharpen the final style approach as many as 2020.
Based on the Nusantara Good Metropolis Blueprint, the town's development has been divided into 5 phases, with the initial period (2022–2024) involving the relocation with the funds from Jakarta to Nusantara.
By the tip of Joko Widodo's presidency, numerous structures were accomplished like the Condition Palace, ministry workplaces, household structures, monuments and parks, along with initiatives outside govt spending plan like accommodations, hospitals, and PSSI education Heart. On seventeen August 2024, Indonesia officially celebrated its Independence Day for The very first time in Nusantara.
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Financial institution Permata Head Economist observed that The federal government is in a very Problem. On a person hand, the APBN should entice investors, but Conversely, their fiscal potential is very confined.
During this context, economists imagine the new regulation will count heavily on the government’s capacity to make business incentives and bring in investment decision.
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]
President Prabowo Subianto has verified his administration's determination to continuing the development of Nusantara as Indonesia's new funds.[75] Prabowo envisions Nusantara, the funds metropolis in East Kalimantan, given that the political cash of Indonesia.[76] Along with building govt offices, buildings that will depict one other two branches of the Trias Politica—legislative and judicial—should also be done.
Having said that, he reminded the next governing administration to not rely upon the state price range to fund the new cash's development as the funds is focused to satisfy just twenty per cent of the overall funding wants of the city's progress.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]