In a convention in Singapore in June 2023, Widodo tried to reassure investors that the challenge would go on regardless of who would earn the 2024 Indonesian presidential election, and that Nusantara was a "golden prospect" for investment decision.

The relocation proposal stored remaining talked over for decades until finally the presidency of Susilo Bambang Yudhoyono who supported The theory to produce a new political and administrative centre of Indonesia because of Jakarta's environmental and overpopulation problems.[22][23]

“We consistently present supervision as get the job done progresses, which include on the development of Actual physical infrastructure,” he said.

Personal use of social websites and networking internet sites on This method is limited as not to interfere with Formal perform obligations and is also topic to checking.

Private buyers, throughout the Nusantara Consortium, are dedicated to investing Rp20 trillion to help The federal government in building the world.

Based upon the Nusantara Smart Metropolis Blueprint, the town's progress continues to be divided into five phases, with the main phase (2022–2024) involving the relocation of the funds from Jakarta to Nusantara.

"Pekerjaan ini akan membuka akses menuju KIPP 1B dan 1C, mengembangkan area seluas six.seven-hundred hektare yang akan difungsikan untuk sektor pendidikan, kesehatan, serta fasilitas kota berkonsep mixed use.

Josua extra that utilizing the APBN could assist sustain fiscal security. Nevertheless, There's a hazard of compromising advancement certainty as well as the attractiveness of investing.

It's because the 2025 APBN continue to has minimal fiscal Place, especially as a result of superior expenditure needed for education and learning, healthcare, Power subsidies, along with other priority expenditures.

During this context, economists believe The brand new regulation will rely closely on the government’s ability to create organization incentives and catch the attention of financial investment.

The immediate financial investment, with no partnership with a neighborhood enterprise, will probably be executed by Delonix Team, a corporation from China that focuses on the tourism sector.

Ini adalah awal dari rangkaian IKN proyek besar selanjutnya seperti pembangunan gedung legislatif dan yudikatif serta infrastruktur pendukungnya," ujar Basuki.

With the town aspiring being a "world town for all," the general public will certainly hold out to check out all the benefits that Nusantara will deliver. Associated news: Jokowi claims Prabowo committed to accelerating Nusantara’s Construct

Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko IKN Widodo tidak lagi di kursi kepresidenan.[28]