In a convention in Singapore in June 2023, Widodo tried to reassure traders the challenge would continue no matter who'd acquire the 2024 Indonesian presidential election, and that Nusantara was a "golden option" for expenditure.

The relocation proposal stored being discussed for decades till the presidency of Susilo Bambang Yudhoyono who supported The theory to produce a new political and administrative centre of Indonesia because of Jakarta's environmental and overpopulation difficulties.[22][23]

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. ^

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Until eventually now, the government has consistently done roadshows in numerous nations to promote investment opportunities in the new authorities centre.

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By the tip of Joko Widodo's presidency, lots of buildings had been concluded such as the State Palace, ministry workplaces, household structures, monuments and parks, in addition to initiatives exterior governing administration funds including resorts, hospitals, and PSSI education Heart. On seventeen August 2024, Indonesia formally celebrated its Independence Working day for The 1st time in Nusantara.

Reflecting on this demanding scenario, he indicates that the government need to decreased their anticipations with the IKN job and strategy the event method extra rationally and without haste.

Additionally, a completely new intercity and regional rail technique are going to be built to url The brand new funds with neighboring metropolitan areas for instance Samarinda and Balikpapan, forming Portion of the broader Trans Kalimantan Railway community that may connect your complete Indonesian aspect of Borneo Island with rail assistance.[95]

Nusantara was decided on as the Formal title for the new funds metropolis of Indonesia to embody the countrywide geopolitical vision often called Wawasan Nusantara (lit. 'Nusantara Vision'; or 'Eyesight from the Indonesian archipelago'). In addition it reflects the IKN state's status being an archipelagic point out.

Layanan kereta api akan menghubungkan ibu kota baru ke jalan tol yang ada di Kota Balikpapan.[53] Sistem kereta api antarkota dan regional baru akan dibangun untuk menghubungkan ibu kota baru dengan kota-kota dan bandara tetangga yaitu Samarinda (Bandara Internasional Samarinda) dan Kota Balikpapan sebagai bagian dari rencana yang lebih besar untuk jaringan kereta api Trans-Kalimantan yang menghubungkan seluruh sisi Pulau Kalimantan di Indonesia dengan layanan kereta api.[54]

According to him, this technique should be implemented in the development of IKN, as it is critical to appeal to investors to aid the project.

Having said that, he reminded the next government to not rely on the state finances to fund The brand new funds's progress as the price range is specific to fulfill just twenty % of the overall funding desires of town's enhancement.

Prabowo said which the Independence Working day IKN ceremony in 2025 can even be held in The brand new cash, but he hasn't nonetheless confirmed no matter if it will eventually take place at the two Merdeka Palace in Jakarta and the Point out Palace in Nusantara, mainly because it did in 2024.