However, this effort is still suboptimal. That is evident through the ongoing reliance on two most important funding resources, specifically the APBN and domestic traders.

The relocation proposal kept becoming discussed for decades right up until the presidency of Susilo Bambang Yudhoyono who supported The thought to create a new political and administrative centre of Indonesia as a result of Jakarta's environmental and overpopulation problems.[22][23]

Menyusul pelantikan Bambang Susantono sebagai kepala otorita, provinsi di seluruh negeri secara seremonial mengirim sebidang tanah dan air dari situs bersejarah atau budaya yang signifikan di provinsi masing-masing untuk menjadi bagian dari landasan dan sendi ibu kota baru untuk peletakan batu pertama.[31]

Prabowo also expressed optimism that he will be able to fulfill men and women's hopes concerning the key benefits of shifting the funds from Jakarta to Nusantara.

The 2 may also seek out to realize much more equitable progress in the state by making new centers of expansion outside the house Java island, like Nusantara.

Of your three foreign investments, 1 is a immediate overseas expense, even though one other two are partnerships with domestic companies.

By the end of Joko Widodo's presidency, many structures were accomplished such as the State Palace, ministry workplaces, residential buildings, monuments and parks, in addition to assignments outside the house authorities spending budget for example hotels, hospitals, and PSSI schooling center. On seventeen August 2024, Indonesia officially celebrated its Independence Working day for The very first time in Nusantara.

Reflecting on this difficult circumstance, he implies that the government really should reduce their expectations for your IKN undertaking and strategy the event course of action a lot more rationally and devoid of haste.

Furthermore, a whole new intercity and regional rail process might be constructed to backlink the new funds with neighboring metropolitan areas which include Samarinda and Balikpapan, forming Element IKN of the broader Trans Kalimantan Railway community which will connect the whole Indonesian aspect of Borneo Island with rail support.[95]

"Ini adalah kontrak single-year yang harus selesai dalam 232 hari kerja. Tidak ada alasan untuk menunda. Semangat kerja keras tiga shift per hari yang pernah ditunjukkan sebelumnya harus kembali dihidupkan.

The immediate investment, with IKN no partnership with an area firm, will likely be executed by Delonix Group, a corporation from China that concentrates on the tourism sector.

Indonesian presidential plane Avro RJ85 landing at Nusantara Intercontinental Airport. To obtain the intention of having 80% of transport supported by non-personal means, a comprehensive public transportation community is planned for the new capital.

Even so, he reminded the next governing administration not to rely on the state price range to fund The brand IKN new capital's development since the spending plan is specific to meet just twenty p.c of the total funding wants of the city's enhancement.

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