In a convention in Singapore in June 2023, Widodo attempted to reassure traders which the project would carry on no matter who would acquire the 2024 Indonesian presidential election, Which Nusantara was a "golden option" for financial investment.
“The government have to be mindful in building conclusions about funds allocation for IKN,” he mentioned.
Ini akan menjadi pemicu masuknya investasi-investasi baru yang akan mempercepat tumbuhnya kawasan IKN secara keseluruhan," jelas Danis.
Consequently, The federal government needs to ensure that the budget allocated for IKN is invested optimally. He indicates the spending plan needs to be focused on tasks which have a bigger impact on accelerating development and attracting Trader curiosity, for example transportation and energy infrastructure jobs.
Right up until now, the government has continually conducted roadshows in various countries to market financial commitment prospects in the new government centre.
According to the Nusantara Wise Town Blueprint, town's advancement is divided into five phases, with the main phase (2022–2024) involving the relocation from the cash from Jakarta to Nusantara.
By the end of Joko Widodo's presidency, a lot of structures had been completed such as the Condition Palace, ministry places of work, household buildings, monuments and parks, as well as projects outside government spending plan for instance hotels, hospitals, and PSSI instruction center. On 17 August 2024, Indonesia officially celebrated its Independence Day for the first time in Nusantara.
Josua additional that utilizing the APBN could aid manage fiscal security. However, there is a possibility of compromising improvement certainty along with the attractiveness of investing.
Also, a whole new intercity and regional rail program IKN are going to be constructed to url the new cash with neighboring towns like Samarinda and Balikpapan, forming Section of the broader Trans Kalimantan Railway community that should link your complete Indonesian side of Borneo Island with rail company.[95]
During this context, economists believe the new regulation will rely intensely on the government’s capacity to develop company incentives and appeal to expense.
The President-elect is distinct about his motivation to continuing IKN's progress in the course of his presidency.
Ini adalah awal dari rangkaian proyek besar selanjutnya seperti pembangunan gedung legislatif dan yudikatif serta infrastruktur pendukungnya," ujar Basuki.
Despite the development in the development of The brand new funds, Jokowi has nevertheless to indication the presidential decree on the funds relocation from Jakarta to Nusantara.
To put it differently, he added IKN that the government ought to get ready a variety of references and make financial investment decisions according to the company considerations of likely investors.