In a convention in Singapore in June 2023, Widodo attempted to reassure buyers that the task would keep on no matter who would gain the 2024 Indonesian presidential election, Which Nusantara was a "golden option" for expenditure.

The relocation proposal retained staying talked about for many years right up until the presidency of Susilo Bambang Yudhoyono who supported The reasoning to create a new political and administrative centre of Indonesia resulting from Jakarta's environmental and overpopulation problems.[22][23]

Kabupaten Gunung Mas, Kalimantan Tengah menjadi daerah yang juga terpantau untuk ibu kota baru, lahannya yang luas, bebas gempa bumi hanya infrastruktur dan masyarakat perlu dipersiapkan. ^

Prabowo also expressed optimism that he can fulfill persons's hopes relating to the main advantages of shifting the cash from Jakarta to Nusantara.

The 2 will likely look for to realize a lot more equitable progress inside the state by building new facilities of development outside Java island, such as Nusantara.

Based upon the Nusantara Smart City Blueprint, the town's development has been divided into 5 phases, with the very first phase (2022–2024) involving the relocation in the funds from Jakarta to Nusantara.

He defined that the spending budget realisation to the infrastructure cluster attained Rp16.two trillion. The infrastructure tasks consist of toll roads, bridges, retention basins, ministerial workplaces, and household towers for civil servants in addition to defence and stability officers.

The government's hard work to bring in foreign investment decision for the Nusantara Funds Town (IKN) megaproject IKN has established to generally be rather demanding. Until finally the 8th series of groundbreaking ceremonies, investment decision in the new federal government centre has continue to mainly relied on domestic buyers plus the condition spending budget.

In addition, a new intercity and regional rail technique might be produced to link The brand new funds with neighboring metropolitan areas for example Samarinda and Balikpapan, forming part of the broader Trans Kalimantan Railway network that will hook up your complete Indonesian facet of Borneo Island with rail services.[ninety five]

"Ini adalah kontrak one-yr yang harus selesai dalam 232 hari kerja. Tidak ada alasan untuk menunda. Semangat kerja keras tiga shift for every hari yang pernah ditunjukkan sebelumnya harus kembali dihidupkan.

“When the spending budget allocation with the APBN is proscribed, personal financial commitment has to be boosted. The government can prioritise the APBN allocation for primary or very important features, while other elements are financed via the private sector,” he defined.

In line with him, this tactic have to be carried out in the development of IKN, as IKN it truly is crucial to catch the attention of buyers to support the project.

Therefore, Josua is encouraging The federal government to aggressively optimise other techniques by enabling larger contributions from your private sector.

Prabowo mentioned the Independence Working day ceremony in 2025 may even be held in The brand new money, but he has not however confirmed whether or not it can happen at each Merdeka Palace in Jakarta as well as Condition Palace in Nusantara, since IKN it did in 2024.