As of the second quarter of 2023, the Indonesian government has allocated approximately 11.5 trillion Indonesian rupiah for housing and settlements in Nusantara, making up over 27 percent of the total infrastructure budget dedicated to the city's development.
The Capital City of Nusantara (Ibu Kota Nusantara/IKN), located in East Kalimantan, is currently under development to replace Jakarta as Indonesia's national capital. The government estimated that Nusantara would be ready to be occupied and inaugurated in 2024, with full development expected to be completed by 2045.
Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023
(in billion Indonesian rupiah)
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Ministry of Finance Indonesia. (March 15, 2024). Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023 (in billion Indonesian rupiah) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/
Ministry of Finance Indonesia. "Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023 (in billion Indonesian rupiah)." Chart. March 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/
Ministry of Finance Indonesia. (2024). Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023 (in billion Indonesian rupiah). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/
Ministry of Finance Indonesia. "Breakdown of Government Budget for Infrastructure in The Development of The Capital City of Nusantara, Indonesia as of 2nd Quarter 2023 (in Billion Indonesian Rupiah)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/
Ministry of Finance Indonesia, Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023 (in billion Indonesian rupiah) Statista, https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/ (last visited November 21, 2024)
Breakdown of government budget for infrastructure in the development of the Capital City of Nusantara, Indonesia as of 2nd quarter 2023 (in billion Indonesian rupiah) [Graph], Ministry of Finance Indonesia, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1465173/indonesia-infrastructure-budget-breakdown-nusantara/