In a convention in Singapore in June 2023, Widodo made an effort to reassure traders the project would continue on irrespective of who would gain the 2024 Indonesian presidential election, and that Nusantara was a "golden opportunity" for expenditure.

The relocation proposal held getting mentioned for decades right until the presidency of Susilo Bambang Yudhoyono who supported The theory to make a new political and administrative centre of Indonesia due to Jakarta's environmental and overpopulation issues.[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]

For that reason, The federal government desires making sure that the funds allotted for IKN is expended optimally. He suggests which the funds needs to be centered on assignments which have a bigger impact on accelerating enhancement and attracting investor interest, including transportation and energy infrastructure jobs.

The two will even seek to comprehend much more equitable progress inside the country by creating new facilities of development exterior Java island, together with Nusantara.

The city is created for sustainability and preserving its encompassing Kalimantan forests, concentrating on 80% of mobility to become supported by community transport, cycling, or strolling and drawing all of its Electrical power from renewable resources and allocating 10% of its IKN space to food stuff output.[fifty] Whilst, critics have voiced lots of worries in regards to the impression of Nusantara on the wildlife.

He defined the finances realisation for the infrastructure cluster reached Rp16.two trillion. The infrastructure initiatives incorporate toll streets, bridges, retention basins, ministerial offices, and household towers for civil servants along with defence and security officers.

Reflecting on this challenging condition, he implies that the government should really decreased their expectations for your IKN challenge and strategy the development approach far more rationally and without haste.

“Given that the government lacks detailed arranging, It's going to be hard to attract investors. They can ask: Precisely what is currently being offered? What are the extended-expression circumstances? When will they get a return on investment? Traders want answers to these concerns,” he said.

The remaining funding is anticipated to originate from private sector investments and community-private partnerships. Sad to say, so far, the APBN remains currently being closely relied on for the development of Nusantara.

The President-elect has long been very IKN clear about his determination to continuing IKN's progress throughout his presidency.

Ini adalah awal dari rangkaian proyek besar selanjutnya seperti pembangunan gedung legislatif dan yudikatif serta infrastruktur pendukungnya," ujar Basuki.

Consequently, Josua is encouraging the government to aggressively optimise other schemes by enabling much larger contributions in the private sector.

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