In a meeting in Singapore in June 2023, Widodo tried to reassure investors the project would go on no matter who'd earn the 2024 Indonesian presidential election, Which Nusantara was a "golden chance" for expenditure.
The relocation proposal held remaining discussed for decades until the presidency of Susilo Bambang Yudhoyono who supported The reasoning to create a new political and administrative centre of Indonesia due to Jakarta's environmental and overpopulation challenges.[22][23]
“We repeatedly supply supervision as get the job done progresses, together with on the event of Actual physical infrastructure,” he said.
Prabowo also expressed optimism that he should be able to satisfy folks's hopes relating to the advantages of shifting the money from Jakarta to Nusantara.
Non-public traders, through the Nusantara Consortium, are devoted to investing Rp20 trillion to guidance The federal government in establishing the world.
Based upon the Nusantara Sensible City Blueprint, town's development is divided into 5 phases, with the main phase (2022–2024) involving the relocation from the capital from Jakarta to Nusantara.
Notification e-mail is going to be sent out a single thirty day period ahead, two weeks forward, one day forward, on the same working day, five times right after and two months following for every publication date.
Reflecting on this hard scenario, he indicates that The federal government ought to lessen their expectations for your IKN task and method the event course of action a lot more rationally and with out haste.
It's because the 2025 APBN nonetheless has minimal fiscal Area, significantly due to high expenditure necessary for instruction, Health care, Power subsidies, and also other precedence expenses.
Nusantara was chosen since the official name for The brand new cash town of Indonesia to embody the national geopolitical vision called Wawasan Nusantara (lit. 'Nusantara Vision'; or 'Eyesight of the Indonesian archipelago'). What's more, it displays the country's position being an archipelagic condition.
The President-elect is very clear about his determination to continuing IKN's growth in the IKN course of his presidency.
Based on him, this approach need to be executed in the event of IKN, as it can be important IKN to entice traders to support the venture.
As a result, Josua is encouraging the government to aggressively optimise other schemes by enabling larger sized contributions through the personal sector.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]