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In a conference in Singapore in June 2023, Widodo tried to reassure investors the venture would carry on regardless of who'd earn the 2024 Indonesian presidential election, Which Nusantara was a "golden opportunity" for financial investment.

Dwipayana assured that Nusantara's development will carry on mainly because its continuity has obtained whole help from Prabowo.

“We repeatedly supply supervision as operate progresses, including on the development of Bodily infrastructure,” he said.

Prabowo also expressed optimism that he can satisfy persons's hopes concerning the key benefits of shifting the funds from Jakarta to Nusantara.

Trees becoming planted as the town is created to be sustainable. The Ministry of General public Performs and Public Housing arranged a money city design and style contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Nation')[forty six] by Urban+ was formally announced on 23 December 2019. The government undertook to collaborate on the look with the profitable team with that of the next- and third-placed teams, together with Global designers, to sharpen the final design method nearly 2020.

The town is suitable for sustainability and shielding its bordering Kalimantan forests, focusing on eighty% of mobility for being supported by public transportation, cycling, or going for walks and drawing all of its energy from renewable resources and allocating ten% of its place to food output.[fifty] While, IKN critics have voiced quite a few concerns in regards to the effect of Nusantara about the wildlife.

He stated which the price range realisation for your infrastructure cluster reached Rp16.two trillion. The infrastructure initiatives involve toll roadways, bridges, retention basins, ministerial workplaces, and household towers for civil servants together with defence and stability officers.

The federal government's effort and hard work to entice international investment decision for the Nusantara Money City (IKN) megaproject has proven to become pretty tough. Until the 8th number of groundbreaking ceremonies, expense in the new federal government centre has even now mainly relied on domestic traders along with the point out spending budget.

Additionally, a different intercity and regional rail method might be built to url The brand new capital with neighboring towns such as Samarinda and Balikpapan, forming Component of the broader Trans Kalimantan Railway network that may connect your complete Indonesian aspect of Borneo Island with rail services.[ninety five]

The remaining funding is predicted to come from non-public sector investments and general public-non-public partnerships. Sadly, to date, the APBN is still being seriously relied upon for the development of Nusantara.

The President-elect has been distinct about his commitment to continuing IKN's development through his presidency.

President Prabowo Subianto has verified his administration's motivation to continuing the event of Nusantara as Indonesia's new funds.[seventy five] Prabowo envisions Nusantara, the capital metropolis in East Kalimantan, because the political funds of Indonesia.[76] Together with creating government offices, structures that could symbolize the opposite two branches with the Trias Politica—legislative and judicial—have to also be completed.

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

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