At a conference in Singapore in June 2023, Widodo attempted to reassure buyers the task would continue on irrespective of who'd win the 2024 Indonesian presidential election, Which Nusantara was a "golden prospect" for investment.
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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 will be able to satisfy people today's hopes concerning the main advantages of shifting the money from Jakarta to Nusantara.
Non-public investors, through the Nusantara Consortium, are dedicated to investing Rp20 trillion to assist The federal government in acquiring the world.
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By the top of Joko Widodo's presidency, lots of properties had been completed including the Point out Palace, ministry offices, household properties, monuments and parks, as well as jobs outside the house governing administration funds including lodges, hospitals, and PSSI instruction Heart. On 17 August 2024, Indonesia officially celebrated its Independence Working day for the first time in Nusantara.
Reflecting IKN on this tough scenario, he suggests that the government really should reduce their anticipations for the IKN venture and method the development course of action extra rationally and without the need of haste.
“Assuming that the government lacks specific setting up, It will likely be tricky to catch the attention of investors. They're going to inquire: Precisely what is currently being offered? What are the extended-time period disorders? When will they get a return on investment decision? Buyers require answers to those thoughts,” he said.
With this context, economists believe the new regulation will rely seriously on the government’s ability to produce organization incentives and entice investment decision.
“In the event the funds allocation in the APBN is proscribed, personal financial commitment have to be boosted. The federal government can prioritise the APBN allocation for essential or critical areas, while other elements are financed from the personal sector,” he discussed.
As outlined by him, this solution needs to be applied in the event of IKN, as it is actually crucial to bring in traders to aid the project.
Despite the development in the event of the new money, Jokowi has still to signal the presidential decree about the funds relocation from Jakarta to Nusantara.
Ini IKN untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]