In a conference in Singapore in June 2023, Widodo tried to reassure traders that the task would continue on regardless of who'd acquire the 2024 Indonesian presidential election, and that Nusantara was a "golden option" for expense.

Dwipayana confident that Nusantara's enhancement will proceed simply because its continuity has received full assist from Prabowo.

“We continuously present supervision as do the job progresses, which include on the event of Bodily infrastructure,” he said.

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

According to the Nusantara Intelligent Metropolis Blueprint, the town's growth has long been divided into 5 phases, with the 1st section (2022–2024) involving the relocation from the money from Jakarta to Nusantara.

He stated that the price range realisation to the infrastructure cluster arrived at Rp16.2 trillion. The infrastructure initiatives contain toll roadways, bridges, retention basins, ministerial offices, and household towers for civil servants and also defence and stability officers.

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Additionally, a fresh intercity and regional rail program are going to be produced to hyperlink The brand new funds with neighboring metropolitan areas for example Samarinda and Balikpapan, forming Element of the broader Trans Kalimantan Railway community that will connect the complete Indonesian facet of Borneo Island with rail support.[95]

The remaining funding is anticipated to come from private sector investments and general public-personal partnerships. However, so far, the APBN is still remaining intensely relied upon for the event of Nusantara.

The direct expenditure, without any partnership with a local corporation, is going to be implemented by Delonix Group, 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 IKN Basuki.

On the other hand, he reminded the following authorities never to trust in the state spending budget to fund the new cash's growth as the budget is specific to meet just 20 % of the whole funding demands of the city's development.

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