In a convention in Singapore in June 2023, Widodo made an effort to reassure traders that the task would proceed no matter who'd win the 2024 Indonesian presidential election, Which Nusantara was a "golden chance" for financial commitment.

The relocation proposal kept currently being reviewed for many years until eventually the presidency of Susilo Bambang Yudhoyono who supported The concept to create a new political and administrative centre of Indonesia on account of Jakarta's environmental and overpopulation issues.[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]

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Trees being planted as the city is made to be sustainable. The Ministry of Community Performs and Community Housing structured a funds city structure contest in late 2019. The winner, Nagara Rimba Nusa ('Forest Archipelagic Nation')[forty six] by City+ was officially announced on 23 December 2019. The federal government undertook to collaborate on the look in the profitable workforce with that of the second- and third-positioned teams, and also Global designers, to sharpen the final design and style system approximately 2020.

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By the tip of Joko Widodo's presidency, lots of buildings were accomplished including the Point out Palace, ministry workplaces, household structures, monuments and parks, and assignments outside federal government spending budget like lodges, hospitals, and PSSI instruction center. On 17 August 2024, Indonesia formally celebrated its Independence Day for The very first time in Nusantara.

The government's work to bring in international expenditure for the Nusantara Money City (IKN) megaproject has confirmed to be quite demanding. Till the 8th number of groundbreaking ceremonies, expenditure in The brand new govt centre has still largely relied on domestic investors along with the state finances.

On top of that, a whole new intercity and regional rail procedure will likely be created to website link the new capital with neighboring towns such as Samarinda and Balikpapan, forming Section of the broader Trans Kalimantan Railway network that can join the whole Indonesian side of Borneo Island with rail assistance.[ninety five]

"Ini adalah kontrak one-calendar year yang harus selesai dalam 232 hari kerja. Tidak ada alasan untuk menunda. Semangat kerja keras tiga shift for each hari yang pernah ditunjukkan sebelumnya harus kembali dihidupkan.

The immediate investment, with no partnership with an area organization, might be carried out by Delonix Team, an organization from China that focuses on the tourism sector.

President Prabowo Subianto has confirmed his administration's motivation to continuing the event of Nusantara as Indonesia's new funds.[75] Prabowo envisions Nusantara, the funds town in East Kalimantan, given that the political capital of Indonesia.[seventy six] In combination with creating executive places of work, properties that could stand for another two branches of IKN the Trias Politica—legislative and judicial—have to even be accomplished.

Nevertheless, he reminded another government to not count on the state finances to fund The brand new capital's development as the spending plan is focused to satisfy just 20 per cent of the full funding desires of the town's improvement.

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