Bid TIK Polda Kepri/”>Bid TIK Polda Kepri – Jakarta. President Prabowo Subianto has approved an allocation of Rp 48.8 trillion for the continued development of the Nusantara Capital City (IKN) over the next five years, with a focus on the Central Government Core Area.
Minister of Infrastructure and Regional Development Coordination, Agus Harimurti Yudhoyono, confirmed the budget allocation after a meeting led by President Prabowo at the Presidential Palace in Jakarta on Tuesday.
“President Prabowo has confirmed that the IDR 48.8 trillion budget has been approved for IKN’s development over the next five years,” said A in a press statement on Tuesday (21/1/2025), as quoted by antaranews.com.
The development will follow a set timeline, with phase one completed in 2022 under President Joko Widodo’s administration. Phase two, from 2025 to 2029, will focus on further infrastructure and supporting facilities for legislative and judicial offices.
Funding for the project will come from both the state budget and private investments.
(mg/inp/prnm)
