Jakarta (ANTARA) - The Nusantara Capital (IKN) Authority has confirmed that the focus of the new capital’s development until 2024 will be building the central government core zone (KIPP) as a livable city with complete facilities for residents.

"Until 2024, the Nusantara Capital Authority will develop a livable city with complete facilities at the 900-hectares 1A KIPP. There will be the presidential and vice presidential palaces, coordinating ministry offices, Bank Indonesia office, ministry and state apparatus accommodation, and places of worship, complete with utility systems and road access," Spokesperson for the National Capital Relocation Plan Communication Team Sidik Pramono informed here on Wednesday.

The government expects the relocation of state apparatus to the new capital to begin in 2024, hence the urgent need to prioritize the development of relevant facilities for their accommodation, he said.

The state budget will be used to develop basic infrastructures in the new capital, such as government buildings and national palaces, he added.

Meanwhile, the authority will seek other legal avenues outside the state budget to fund the development of other facilities in the new capital, such as international-level hospitals, education facilities, public offices and commercial facilities, mixed-use development, and public dwellings, he disclosed.

The capital authority welcomes private companies seeking to collaborate with the government in the new capital’s development, he said while affirming that incentives will be offered to encourage private investments in Nusantara city.

As a new institution operating with a simple hierarchy comprising an agency head, deputy head, and the capital transition team, the Nusantara Capital Authority will seek to reinforce the institution in the future, the spokesperson added.

Earlier, Minister of Public Works and Public Housing Basuki Hadimuljono had announced that the first phase of KIPP development in the new capital is expected to be completed by 2024.

The first phase will involve the construction of the presidential and vice presidential palaces, utility systems, and national road and toll road networks connecting the new capital with Balikpapan, East Kalimantan, he said.

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Translator: Aji Cakti, Nabil Ihsan
Editor: Sri Haryati
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