Jakarta (ANTARA) - Land development work for the Presidential Palace, ministerial offices, and other government buildings in the new capital Nusantara would be completed next August, Minister of Public Works and Public Housing Basuki Hadimuljono stated.

The minister noted that as the contract for land development will be signed on July 15, the result of land development is expected to be available next August.

"The land development will result in land plots (planning); which land plot (will be designated) for which ministry, the presidential palace, and the vice presidential palace," Hadimuljono stated after attending the "National Stakeholders Forum: 10th World Water Forum First Announcement" conference here Friday.

The minister noted that the plotting of land in the new capital, completed during the land development stage, would ensure prompt execution when President Joko Widodo (Jokowi) instructs the construction to commence.

Earlier, President Jokowi declared that the construction of Sepaku Semoi Dam and Mentawir Nursery in North Penajam Paser District, East Kalimantan, had marked the commencement of the new capital’s basic infrastructure development.

"The (construction of the) dam means that the development of basic infrastructure (for the new capital Nusantara) has been started. Next July, the construction of the main road from the Balikpapan toll road will also commence," the president stated during a visit to Sepaku Semoi Dam, according to a statement issued by the Presidential Secretariat, Wednesday (June 22).

The government is planning to proceed with the construction of the new capital in three stages. The first stage that will proceed until 2024 will include the construction of core infrastructures, such as the presidential palace, the parliament complex, government buildings, police and military headquarters, and a housing complex.

Meanwhile, the second stage of the new capital development will take place during the 2025-2035 period and the last stage in the 2035-2045 period.

The total budget required for developing the new capital has been pegged at Rp466 trillion (US$31.2 billion), of which 19-20 percent will be sourced from the state budget, while the remaining funding will be obtained through investments and partnerships with the private sector.

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Translator: Indra Arief P, Nabil Ihsan
Editor: Rahmad Nasution
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