In a convention in Singapore in June 2023, Widodo made an effort to reassure buyers that the job would continue on regardless of who'd earn the 2024 Indonesian presidential election, and that Nusantara was a "golden chance" for investment.
“The government must be mindful in producing decisions with regards to finances allocation for IKN,” he stated.
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]
For that reason, the government needs to make certain the spending plan allotted for IKN is spent optimally. He indicates which the finances should be focused on projects which have a larger influence on accelerating advancement and attracting Trader interest, for instance transportation and energy infrastructure jobs.
The 2 may also seek to realize much more equitable enhancement during the nation by making new centers of development outdoors Java island, which includes Nusantara.
The city is designed for sustainability and guarding its surrounding Kalimantan forests, targeting eighty% of mobility for being supported by community transportation, biking, or strolling and drawing all of its Vitality from renewable sources and allocating 10% of its area to IKN food stuff manufacturing.[fifty] Though, critics have voiced a lot of worries with regards to the impact of Nusantara within the wildlife.
By the end of Joko Widodo's presidency, many structures were concluded like the Condition Palace, ministry offices, residential properties, monuments and parks, in addition to jobs exterior federal government price range which include resorts, hospitals, and PSSI teaching Middle. On seventeen August 2024, Indonesia officially celebrated its Independence Day for the first time in Nusantara.
Josua extra that utilizing the APBN could assistance retain fiscal security. However, You will find there's possibility of compromising growth certainty and the attractiveness of investing.
It is because the 2025 APBN continue to has confined fiscal Room, particularly due to large expenditure required for education, Health care, Electricity subsidies, as well as other precedence expenses.
In this context, economists feel the new regulation will count heavily on The federal government’s ability to develop business incentives and bring in expenditure.
The President-elect has become clear about his motivation to continuing IKN's advancement all through his presidency.
Ini adalah awal dari rangkaian proyek besar selanjutnya seperti pembangunan gedung legislatif dan yudikatif serta infrastruktur pendukungnya," ujar Basuki.
Despite the progress in the development of the new money, Jokowi has but to indication the presidential decree over the funds relocation from Jakarta to Nusantara.
Prabowo said the Independence Day ceremony in 2025 will also be held in the new capital, but he has not nonetheless verified regardless of whether it's going to happen at equally Merdeka Palace in Jakarta and also the Point out IKN Palace in Nusantara, mainly because it did in 2024.