Even so, this effort and hard work remains to be suboptimal. This is evident with the ongoing reliance on two key funding sources, particularly the APBN and domestic traders.

Dwipayana confident that Nusantara's development will continue mainly because its continuity has received whole help 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. ^

Prabowo also expressed optimism that he will be able to fulfill individuals's hopes relating to the many benefits of shifting the capital from Jakarta to Nusantara.

Non-public buyers, throughout the Nusantara Consortium, are committed to investing Rp20 trillion to guidance The federal government in creating the region.

The city is made for sustainability and guarding its surrounding Kalimantan forests, targeting eighty% of mobility to be supported by general public transportation, cycling, or walking and drawing all of its Vitality from renewable resources and allocating ten% of its location to meals manufacturing.[50] Even though, critics have voiced a lot of considerations with regard to the affect of Nusantara about the wildlife.

By the end of Joko Widodo's presidency, many structures were finished like the Point out Palace, ministry offices, household IKN structures, monuments and parks, and assignments exterior authorities funds such as motels, hospitals, and PSSI instruction Centre. On seventeen August 2024, Indonesia formally celebrated its Independence Working day for The 1st time in Nusantara.

The government's effort and hard work to attract foreign investment decision to the Nusantara Money Metropolis (IKN) megaproject has tested to generally be rather tough. Right until the 8th series of groundbreaking ceremonies, financial investment in The IKN brand new federal government centre has still mostly relied on domestic investors plus the state price range.

“Provided that The federal government lacks thorough preparing, Will probably be challenging to appeal to investors. They will question: Exactly what is remaining offered? What are the prolonged-expression disorders? When will they receive a return on expense? Buyers will need answers to these inquiries,” he stated.

During this context, economists believe The brand new regulation will rely heavily on the government’s capability to build enterprise incentives and bring in expense.

The President-elect continues to be very clear about his motivation to continuing IKN's improvement during his presidency.

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

Nevertheless, he reminded the subsequent authorities to not count on the condition funds to fund The brand new cash's progress as the finances is focused to satisfy just twenty percent of the total funding demands of town's growth.

In other words, he added that The federal government must prepare a variety of references and make investment selections depending on the business enterprise criteria of probable traders.