At a conference in Singapore in June 2023, Widodo tried to reassure investors the undertaking would proceed no matter who would win the 2024 Indonesian presidential election, Which Nusantara was a "golden prospect" for financial investment.

Dwipayana assured that Nusantara's improvement will keep on simply because its continuity has been given entire help from Prabowo.

Menyusul pelantikan Bambang Susantono sebagai kepala otorita, provinsi di seluruh negeri secara seremonial mengirim sebidang tanah dan air dari situs bersejarah atau budaya yang signifikan di provinsi masing-masing untuk menjadi bagian dari landasan dan sendi ibu kota baru untuk peletakan batu pertama.[31]

Hence, the government needs to make sure that the finances allotted for IKN is expended optimally. He implies which the budget need to be focused on projects which have a bigger effect on accelerating development and attracting investor desire, such as transportation and Electricity infrastructure initiatives.

The 2 can even seek out to appreciate far more equitable growth inside the state by producing new facilities of expansion outside the house Java island, which include Nusantara.

Of your 3 international investments, a person can be a direct overseas investment decision, though the other two IKN are partnerships with domestic corporations.

By the tip of Joko Widodo's presidency, several buildings were done including the State Palace, ministry places of work, household structures, monuments and parks, as well as initiatives outdoors government funds which include inns, hospitals, and PSSI training Centre. On seventeen August 2024, Indonesia officially celebrated its Independence Day for the first time in Nusantara.

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On top of that, a fresh intercity and regional rail process will be built to website link The brand new money with neighboring cities for example Samarinda and Balikpapan, forming Section of the broader Trans Kalimantan Railway network which will connect the entire Indonesian side of Borneo Island with rail provider.[95]

The remaining funding is expected to originate from private sector investments and community-personal partnerships. Sad to say, so far, the APBN remains currently being seriously relied upon for the development of Nusantara.

“If your funds allocation from the APBN is restricted, private financial investment should be boosted. The government can prioritise the APBN allocation for simple or critical factors, though other elements are financed through the private sector,” he stated.

Indonesian presidential plane Avro RJ85 landing at Nusantara International Airport. To achieve the purpose of getting eighty% of transportation supported by non-personal indicates, an extensive community transportation community is planned for the new capital.

For that reason, Josua is encouraging the government to aggressively optimise other techniques by enabling greater contributions from your personal sector.

To paraphrase, he added that The federal government will have to get ready numerous references and make financial investment conclusions based on the business enterprise criteria of prospective investors.