In a convention in Singapore in June 2023, Widodo made an effort to reassure investors that the undertaking would carry on regardless of who would win the 2024 Indonesian presidential election, and that Nusantara was a "golden chance" for investment.
“The government need to be cautious in generating decisions pertaining to funds allocation for IKN,” he stated.
“We constantly offer supervision as operate progresses, together with on the development of physical infrastructure,” he stated.
Consequently, the government desires to ensure that the spending plan allocated for IKN is spent optimally. He suggests the finances must be centered on initiatives which have a bigger influence on accelerating progress and attracting Trader desire, such as transportation and Electrical power infrastructure assignments.
Private buyers, throughout the Nusantara Consortium, are committed to investing Rp20 trillion to assistance the government in producing the world.
Depending on the Nusantara Intelligent Town Blueprint, town's progress is divided into five phases, with the very first section (2022–2024) involving the relocation with the cash from Jakarta to Nusantara.
"Pekerjaan ini akan membuka akses menuju KIPP 1B dan 1C, mengembangkan spot seluas 6.seven hundred hektare yang akan difungsikan untuk sektor pendidikan, kesehatan, serta fasilitas kota berkonsep mixed use.
Josua extra that using the APBN could enable sustain fiscal stability. Having said that, There exists a danger of compromising improvement certainty as well as attractiveness of investing.
Furthermore, a whole new intercity and regional rail technique might be manufactured to website link the new IKN capital with neighboring towns such as Samarinda and Balikpapan, forming part of the broader Trans Kalimantan Railway community that can connect the entire Indonesian side of Borneo Island with rail service.[ninety five]
The remaining funding is anticipated to come from personal sector investments and public-private partnerships. Sad to say, up to now, the APBN remains being heavily relied upon for the event of Nusantara.
The immediate expense, with no partnership with an area organization, will likely be applied by Delonix Group, a company from China that focuses on the tourism sector.
Indonesian presidential plane Avro RJ85 landing at Nusantara Intercontinental Airport. To realize the goal of getting eighty% of transport supported by non-personal signifies, a comprehensive general public transportation community is prepared for the new funds.
Despite the progress in the development of the new capital, Jokowi has yet to signal the presidential decree on the capital relocation from Jakarta to Nusantara.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]