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In a convention in Singapore in June 2023, Widodo tried to reassure traders which the venture would continue regardless of who would gain the 2024 Indonesian presidential election, Which Nusantara was a "golden possibility" for investment.

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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 should be able to satisfy individuals's hopes relating to the main advantages of shifting the money from Jakarta to Nusantara.

Trees being planted as the city is created to be sustainable. The Ministry of Public Is effective and General public Housing organized a funds city structure contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Nation')[forty six] by Urban+ was formally announced on 23 December 2019. The federal government undertook to collaborate on the design of the profitable staff with that of the next- and 3rd-positioned groups, and also Global designers, to sharpen the ultimate style and design procedure approximately 2020.

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By the end of Joko Widodo's presidency, many structures were done like the Condition Palace, ministry offices, residential buildings, monuments and parks, along with tasks outdoors authorities spending plan for instance hotels, hospitals, and PSSI training Heart. On 17 August 2024, Indonesia formally celebrated its Independence Day for The 1st time in Nusantara.

The federal government's effort to bring in foreign expenditure to the Nusantara Cash Town (IKN) megaproject has established being pretty complicated. Till the 8th number of groundbreaking ceremonies, expenditure in the new federal government centre has still largely relied on domestic buyers and also the condition price range.

“Providing The federal government lacks specific preparing, It'll be difficult to draw in buyers. They may request: Precisely what is staying provided? What exactly are the prolonged-expression problems? When will they receive a return on IKN investment decision? Traders have to have responses to these questions,” he mentioned.

On this context, economists imagine The brand new regulation will depend greatly on The federal government’s capability to create company incentives and draw in financial investment.

The immediate expenditure, with none partnership with an area company, is going to be implemented by Delonix Group, a corporation from China that focuses on the tourism sector.

In keeping with him, this method must be applied in the event of IKN, as it's critical to bring in buyers to guidance the project.

However, he reminded the subsequent govt not to rely on the point out price range to fund the new capital's progress because IKN the price range is specific to meet just twenty percent of the overall funding demands of the city's growth.

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

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