In a convention in Singapore in June 2023, Widodo made an effort to reassure buyers that the venture would continue on irrespective of who would earn the 2024 Indonesian presidential election, and that Nusantara was a "golden option" for financial investment.
The relocation proposal retained being reviewed for many years until eventually the presidency of Susilo Bambang Yudhoyono who supported The theory to create a new political and administrative centre of Indonesia as a consequence of Jakarta's environmental and overpopulation problems.[22][23]
Ini akan menjadi pemicu masuknya investasi-investasi baru yang akan mempercepat tumbuhnya kawasan IKN secara keseluruhan," jelas Danis.
Hence, The federal government wants to ensure that the spending budget allotted for IKN is spent optimally. He implies the funds ought to be centered on jobs that have a bigger impact on accelerating improvement and attracting investor curiosity, such as transportation and Electricity infrastructure initiatives.
Till now, the government has consistently performed roadshows in a variety of countries to promote financial investment chances in The brand new government centre.
Determined by the Nusantara Smart City Blueprint, town's development has actually been divided into 5 phases, with the first period (2022–2024) involving the relocation of the funds from Jakarta to Nusantara.
He spelled out which the spending plan realisation to the infrastructure cluster arrived at Rp16.two trillion. The infrastructure initiatives include toll roadways, bridges, retention basins, ministerial offices, and residential towers for civil servants as well as defence and protection officers.
The government's effort to attract foreign investment to the Nusantara Funds City (IKN) megaproject has verified to generally be fairly hard. Until eventually the 8th number of groundbreaking ceremonies, investment in The brand new authorities centre has continue to mainly relied on domestic buyers and the state spending plan.
It is because the 2025 APBN nonetheless has restricted fiscal space, specifically as a result of high expenditure needed for education, Health care, Power subsidies, and also other precedence expenses.
In this particular context, economists think The brand new regulation IKN will depend heavily on The federal government’s capability to develop business enterprise incentives and catch the attention of expense.
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.[fifty four]
Based on him, this strategy needs to be applied in the development of IKN, as it truly is vital to catch the attention of investors to help the venture.
Despite the development in the event of the new cash, Jokowi has nonetheless to indication the presidential decree within the funds relocation from Jakarta to Nusantara.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]