At a meeting in Singapore in June 2023, Widodo tried to reassure traders which the task would continue on irrespective of who'd earn the 2024 Indonesian presidential election, Which Nusantara was a "golden chance" for expense.
The relocation proposal retained getting reviewed for decades until the presidency of Susilo Bambang Yudhoyono who supported The thought to make a new political and administrative centre of Indonesia as a consequence of Jakarta's environmental and overpopulation complications.[22][23]
Ini akan menjadi pemicu masuknya investasi-investasi baru yang akan mempercepat tumbuhnya kawasan IKN secara keseluruhan," jelas Danis.
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Private buyers, throughout the Nusantara Consortium, are committed to investing Rp20 trillion to guidance the government in creating the realm.
Depending on the Nusantara Smart City Blueprint, the city's progress continues to be divided into 5 phases, with the very first stage (2022–2024) involving the relocation of the capital from Jakarta to Nusantara.
He spelled out the finances realisation to the infrastructure cluster arrived at Rp16.2 trillion. The infrastructure projects incorporate toll roads, bridges, retention basins, ministerial offices, and residential towers for civil servants together with defence and stability officers.
The federal government's effort to catch the attention of overseas investment decision for that Nusantara Funds City (IKN) megaproject has proven for being pretty hard. Until finally the 8th number of groundbreaking ceremonies, financial commitment in The brand new authorities centre has even now largely relied on domestic traders as well as the state funds.
Lender Permata Head Economist famous that the government is in the Predicament. On a single hand, the APBN ought to catch the attention of buyers, but However, their fiscal ability is incredibly constrained.
The remaining funding is anticipated to come from personal sector investments and community-non-public partnerships. Sad to say, up to now, the APBN remains to be staying closely relied on for the development of Nusantara.
Layanan kereta api akan IKN menghubungkan ibu kota baru ke jalan tol yang ada di Kota Balikpapan.[fifty three] 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 aircraft Avro RJ85 landing at Nusantara Intercontinental Airport. To obtain the goal of getting eighty% of transportation supported by non-non-public suggests, a comprehensive general public transportation network is planned for the new money.
Even so, he reminded another govt never to trust in the state spending plan to fund the new capital's development since the funds is qualified to meet just twenty percent of the overall funding needs of the town's development.
Prabowo mentioned the Independence Day ceremony in 2025 will likely be held in the new funds, but he hasn't yet confirmed no matter if it'll take place at both equally Merdeka Palace in Jakarta as well as Condition Palace in Nusantara, mainly because it did in 2024.