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However, this hard work is still suboptimal. That is evident with the ongoing reliance on two main funding resources, specifically the APBN and domestic traders.
The relocation proposal stored remaining reviewed for many years until finally the presidency of Susilo Bambang Yudhoyono who supported The reasoning to produce a new political and administrative centre of Indonesia as a consequence of Jakarta's environmental and overpopulation problems.[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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Non-public investors, throughout the Nusantara Consortium, are devoted to investing Rp20 trillion to help the government in developing the world.
According to the Nusantara Intelligent City Blueprint, town's development has long been divided into 5 phases, with the first stage (2022–2024) involving the relocation in the funds from Jakarta to Nusantara.
By the tip of Joko Widodo's presidency, many structures had been concluded such as the State Palace, ministry IKN places of work, residential properties, monuments and parks, and tasks outside federal government spending plan for instance hotels, hospitals, and PSSI instruction Middle. On seventeen August 2024, Indonesia officially celebrated its Independence Day for The very first time in Nusantara.
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This is IKN because the 2025 APBN still has restricted fiscal Room, particularly due to the superior expenditure necessary for training, healthcare, Strength subsidies, as well as other precedence expenditures.
"Ini adalah kontrak single-calendar year yang harus selesai dalam 232 hari kerja. Tidak ada alasan untuk menunda. Semangat kerja keras tiga change per hari yang pernah ditunjukkan sebelumnya harus kembali dihidupkan.
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.[fifty four]
President Prabowo Subianto has verified his administration's commitment to continuing the development of Nusantara as Indonesia's new capital.[75] Prabowo envisions Nusantara, the money metropolis in East Kalimantan, because the political cash of Indonesia.[seventy six] Along with constructing government offices, structures that could characterize another two branches on the Trias Politica—legislative and judicial—will have to even be finished.
Having said that, he reminded the next government never to depend upon the point out finances to fund The brand new money's growth as the spending plan is focused to fulfill just 20 percent of the full funding needs of the town's advancement.
Ini untuk memberikan keamanan dan keberlanjutan proyek dan memastikan kelanjutannya setelah Joko Widodo tidak lagi di kursi kepresidenan.[28]