Prabowo Approves IDR 48.8 Trillion Budget For IKN Development In The Next Five Years
JAKARTA - President Prabowo Subianto approved a budget of IDR 48.8 trillion for the development of the capital city of Nusantara (IKN) in East Kalimantan, for the next five years.
This approval was taken in a meeting attended by the Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono, the Head of the IKN Authority Basuki Hadimuljono, the Minister of Housing and Settlement Areas (PKP) Maruarar Sirait and the Minister of Public Works (PU) Dody Hanggodo.
"Earlier, Mr. President Prabowo Subianto has conveyed and confirmed that the budget for the continuation of IKN development has been approved for IDR 48.8 trillion for the next five years," AHY said as seen on the Presidential Secretariat's YouTube, Tuesday, January 21.
AHY said that the budget allocation emphasized Prabowo's commitment to continue the construction of IKN.
As for now, the construction of the first phase of IKN for the 2022-2024 period for the central government (KIPP) core area has been completed.
According to AHY, there are a number of infrastructure projects that have been completed 100 percent, some are still continuing.
"So, please note that according to the direction of President Prabowo Subianto, we will continue the IKN development. Of course, we will follow the timelines and stages that have been set previously," he said.
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After allocating funds, said AHY, the government will closely oversee development, especially in order to be able to complete it on time.
On the other hand, AHY will also review the IKN development in line with President Prabowo's request that IKN be able to become a political capital in 2028. This political capital allows development in IKN to include facilities for legislative and judicial institutions.
"We will review again there are technical adjustments here and there and there and in time we will be able to continue development. Hopefully we can achieve the targets and targets that have been set later," he said.