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At a meeting in Singapore in June 2023, Widodo made an effort to reassure traders that the undertaking would continue no matter who'd get the 2024 Indonesian presidential election, and that Nusantara was a "golden prospect" for investment.
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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 can fulfill people's hopes relating to the key benefits of shifting the capital from Jakarta to Nusantara.
Trees getting planted as town is built to be sustainable. The Ministry of Public Works and Community Housing arranged a cash metropolis style and design contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic State')[46] by City+ was officially declared on 23 December 2019. The federal government undertook to collaborate on the look on the profitable crew with that of the 2nd- and 3rd-positioned groups, along with Global designers, to sharpen the ultimate style and design course of action up to 2020.
Dependant on the Nusantara Smart City Blueprint, the city's progress has become divided into 5 phases, with the main phase (2022–2024) involving the relocation with the money from Jakarta to Nusantara.
"Pekerjaan ini akan membuka akses menuju KIPP 1B dan 1C, mengembangkan space seluas 6.seven-hundred hektare yang akan difungsikan untuk sektor pendidikan, kesehatan, serta fasilitas kota berkonsep combined use.
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Financial institution Permata Head Economist observed that the government is in the dilemma. On one particular hand, the APBN ought to attract buyers, but Alternatively, their fiscal capacity is very limited.
The remaining funding is predicted to come from personal sector investments and general public-non-public partnerships. However, to this point, the APBN continues to be becoming heavily relied upon for the development of Nusantara.
The immediate expenditure, with no partnership with a local company, are going to be carried out by Delonix Team, a corporation from China that focuses on the tourism sector.
Ini adalah awal dari rangkaian proyek besar selanjutnya seperti pembangunan gedung legislatif dan yudikatif serta infrastruktur pendukungnya," ujar Basuki.
Despite the development in the event of the new capital, Jokowi has but to indication the IKN presidential decree over the capital relocation from Jakarta to Nusantara.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]