President to review Nusantara's developmental progress in February

President to review Nusantara's developmental progress in February

Public Works and Public Housing Minister Basuki Hadimuljono (left) accompanying President Jokowi (third left) while reviewing the Ciliwung River sewer project in Jakarta on Tuesday, January 24, 2023. (ANTARA PHOTOS/Rangga Pandu Asmara Jingga/my)

Jakarta (ANTARA) - President Joko Widodo has planned to review the progress in development of Indonesia's new capital city (IKN), Nusantara, in February 2023, Public Works and Public Housing Minister Basuki Hadimuljono stated.

"Yes," Hadimuljono answered in the affirmative regarding the information in East Jakarta on Tuesday.

The minister hinted at the possibility of him flying to Nusantara City on January 25 to prepare for the head of state's visit.

The minister said that the president's visit to Nusantara City was being undertaken in preparation for a meeting with investors to review the new capital city.

The investors will be invited to tour Nusantara City, though prior to that, the government will prepare a plot of land spanning 700 hectares to be shown to them.

Hadimuljono made assurance that no major issues had so far been encountered in the city's infrastructure development. The ministry is completing some aspects, such as roads for connectivity.

"Our duty is to finish up road connectivity, land development, and for offices to begin to operate," he noted.

The government plans to develop Nusantara City, with 80 percent of the budget obtained from investment and 20 percent from the state budget. According to the government's initial estimate, the total cost for building the city was Rp466 trillion (US$31 billion).

The state budget funding will be used to construct basic infrastructures, government buildings, presidential palaces, and so on.

Non-state budget funding would be regulated through schemes set by the government and will be used to build infrastructures for sectors included on the list of items that one can invest in, such as international hospitals, schools, multipurpose buildings, office complexes, and residential areas. 

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