Nonetheless, this effort and hard work remains suboptimal. That is evident from the ongoing reliance on two primary funding resources, particularly the APBN and domestic traders.
The relocation proposal stored remaining discussed for decades till the presidency of Susilo Bambang Yudhoyono who supported The theory to produce a new political and administrative centre of Indonesia as a consequence of Jakarta's environmental and overpopulation complications.[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 should be able to satisfy individuals's hopes about the main advantages of shifting the capital from Jakarta to Nusantara.
The two will also seek to comprehend extra equitable progress during the place by making new centers of progress exterior Java island, such as Nusantara.
On the a few overseas investments, 1 can be a direct overseas investment, though one other two are partnerships with domestic corporations.
Notification e-mail might be sent out one thirty day period forward, two weeks forward, in the future ahead, on exactly the same working day, five days soon after and two weeks right after for every publication day.
The government's exertion to draw in overseas investment decision for that Nusantara Funds City (IKN) megaproject has verified to be fairly hard. Until finally the 8th series of groundbreaking ceremonies, financial investment in the new authorities centre has nevertheless largely relied on domestic buyers and also the point out finances.
“Given that the government lacks IKN thorough organizing, it will be hard to bring in investors. They'll check with: What on earth is remaining presented? What exactly are the extended-time period problems? When will they receive a return on investment? Buyers need to have responses to these queries,” he mentioned.
"Ini adalah kontrak single-12 months yang harus selesai dalam 232 hari kerja. Tidak ada alasan untuk menunda. Semangat kerja keras tiga shift for every hari yang pernah ditunjukkan sebelumnya harus kembali dihidupkan.
The President-elect has actually been obvious about his motivation to continuing IKN's progress through his presidency.
Based on him, this approach have to be implemented in the event of IKN, as it truly is important to entice investors to assistance the challenge.
Despite the progress in the development of the new funds, Jokowi has nevertheless to indication the presidential decree over the money relocation from Jakarta to Nusantara.
Prabowo stated the Independence Day ceremony in 2025 may IKN also be held in the new cash, but he hasn't however verified no matter if it can occur at both Merdeka Palace in Jakarta as well as State Palace in Nusantara, because it did in 2024.