At a conference in Singapore in June 2023, Widodo made an effort to reassure investors the task would continue on irrespective of who'd gain the 2024 Indonesian presidential election, Which Nusantara was a "golden possibility" for expense.

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Ini akan menjadi pemicu masuknya investasi-investasi baru yang akan mempercepat tumbuhnya kawasan IKN secara keseluruhan," jelas Danis.

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Personal traders, from the Nusantara Consortium, are committed to investing Rp20 trillion to guidance The federal government in creating the realm.

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By the tip of Joko Widodo's presidency, lots of properties were completed including the Condition Palace, ministry workplaces, residential properties, monuments and parks, and also projects exterior federal government price range like inns, hospitals, and PSSI schooling Centre. On 17 August 2024, Indonesia formally celebrated its Independence Day for The 1st time in Nusantara.

The federal government's work to entice foreign investment decision for your Nusantara Funds Town (IKN) megaproject has established to be fairly difficult. Till the 8th number of groundbreaking ceremonies, expense in the new authorities centre has continue to largely relied on domestic buyers along with the point out spending plan.

This is due to the 2025 APBN nonetheless has limited fiscal IKN Area, notably as a result of substantial expenditure demanded for schooling, Health care, Electrical power subsidies, and other priority expenditures.

In this particular context, economists think the new regulation will depend seriously on the government’s capacity to make enterprise incentives and appeal to expenditure.

Layanan kereta api akan 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 plane Avro RJ85 landing at Nusantara Global IKN Airport. To achieve the purpose of getting eighty% of transportation supported by non-private suggests, a comprehensive public transportation community is planned for the new money.

Regardless of the progress in the event of the new capital, Jokowi has nonetheless to indication the presidential decree within the cash relocation from Jakarta to Nusantara.

Basically, he included that The federal government must put together several references and make investment conclusions determined by the organization criteria of prospective traders.