Having said that, this hard work is still suboptimal. This is often evident with the continued reliance on two major funding resources, namely the APBN and domestic traders.

Dwipayana assured that Nusantara's advancement will proceed because its continuity has been given entire guidance from Prabowo.

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. ^

Thus, the government requirements to make certain the price range allocated for IKN is spent optimally. He indicates the price range needs to be focused on initiatives which have a bigger impact on accelerating enhancement and attracting Trader fascination, such as transportation and energy infrastructure jobs.

Trees becoming planted as town is designed to be sustainable. The Ministry of Community Will work and General public Housing arranged a cash town design and style contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Nation')[forty six] by Urban+ was officially announced on 23 December 2019. The federal government undertook to collaborate on the design in the profitable workforce with that of the next- and 3rd-placed teams, and Worldwide designers, to sharpen the final style procedure approximately 2020.

Determined by the Nusantara Clever Metropolis Blueprint, town's advancement continues to be divided into 5 phases, with the first stage (2022–2024) involving the relocation with the funds from Jakarta to Nusantara.

By the end of Joko Widodo's presidency, many structures had been accomplished like the Point out Palace, ministry workplaces, household buildings, monuments and parks, in addition to assignments outdoors federal government spending plan such as resorts, hospitals, and PSSI instruction center. On 17 August 2024, Indonesia formally celebrated its Independence Day for The 1st time in Nusantara.

Josua included that utilizing the APBN IKN could aid preserve fiscal steadiness. Nevertheless, There exists a risk of compromising enhancement certainty as well as the attractiveness of investing.

“Given that The federal government lacks detailed organizing, It will likely be tricky to catch the attention of investors. They're going to talk to: What is remaining offered? Exactly what are the lengthy-time period problems? When will they get a return on investment? Buyers have to have responses to these concerns,” he stated.

On this context, economists believe that The brand new regulation will rely greatly on the government’s power to produce business enterprise incentives and catch the attention of investment decision.

Layanan kereta api akan menghubungkan ibu kota baru ke jalan tol yang ada di Kota Balikpapan.[53] 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 Intercontinental Airport. To realize the objective of having eighty% of transport supported by non-personal implies, a comprehensive public transportation community is prepared for the new capital.

Nevertheless, he reminded another govt not to depend upon the point out spending budget to fund The brand new cash's enhancement as the finances is specific to fulfill just twenty IKN percent of the entire funding requires of the town's advancement.

In other words, he additional that The federal government need to put together numerous references and make investment decision conclusions based on the organization issues of likely traders.