In a meeting in Singapore in June 2023, Widodo attempted to reassure traders the task would continue on regardless of who would gain the 2024 Indonesian presidential election, and that Nusantara was a "golden option" for expenditure.

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Ini akan menjadi pemicu masuknya investasi-investasi baru yang akan mempercepat tumbuhnya kawasan IKN secara keseluruhan," jelas Danis.

Prabowo also expressed optimism that he can satisfy people's hopes about the benefits of shifting the money from Jakarta to Nusantara.

Until finally now, The federal government has constantly conducted roadshows in several nations to market financial commitment options in The brand new federal government centre.

With the three overseas investments, just one is a direct international investment decision, while another two are partnerships with domestic corporations.

By the end of Joko Widodo's presidency, many structures were accomplished including the Point out Palace, ministry places of work, residential structures, monuments and parks, in addition to tasks outside the house federal government spending budget such as accommodations, hospitals, and PSSI teaching Middle. On 17 August 2024, Indonesia officially celebrated its Independence Working day for The 1st time in Nusantara.

The federal government's work to entice foreign financial investment for the Nusantara Cash Metropolis (IKN) megaproject has verified to become really complicated. Until the 8th number of groundbreaking ceremonies, investment decision in the new government centre has still largely relied on domestic buyers as well as the condition price range.

“Providing The federal government lacks comprehensive preparing, Will probably be tough to attract buyers. They can ask: What on earth is remaining provided? Exactly what are the lengthy-phrase situations? When will they receive a return on financial commitment? Buyers want solutions to these questions,” he said.

In this context, economists believe The brand new regulation will count greatly on the government’s ability to generate business enterprise incentives and appeal to expenditure.

The direct investment, with none partnership with an area enterprise, will be implemented by Delonix Group, an organization from China that focuses on the tourism sector.

President Prabowo Subianto has verified his administration's commitment to continuing the event of Nusantara as Indonesia's new funds.[seventy five] Prabowo envisions Nusantara, the capital metropolis in East Kalimantan, as being the political capital of Indonesia.[seventy six] Besides making executive places of work, buildings that can IKN signify the opposite two branches with the Trias Politica—legislative and judicial—need to even be accomplished.

For that reason, Josua is encouraging the government to aggressively optimise other schemes by enabling bigger contributions with the non-public sector.

In other words, he additional that the government should prepare several references and make expenditure choices determined by the company concerns of opportunity traders.