The Nusantara Capital (IKN) Authority has announced a significant financial milestone, marking one year under President Prabowo Subianto’s administration, confirming that the development of Indonesia’s new capital is now supported by a strong and increasingly independent financial foundationand no longer reliant solely on state funding.

“We are at the point of no return,” IKN Authority Head Basuki Hadimuljono said as quoted in a statement on Thursday, October 30, 2025.

He cited that IKN’s construction has reached irreversible momentum driven by private investment commitments.

Based on IKN Authority data, total investment commitments have reached Rp225.02 trillion (US$13.6 billion), far surpassing the Rp48.8 trillion (US$2.96 billion) in State Budget (APBN) allocations approved by President Prabowo for the 2025–2029 period.

This, Basuki said, reflects the effectiveness of a hybrid financing model, in which the state budget acts as an initial stimulus, while private capital serves as the main driver.

Of the total, Rp66.3 trillion (29.46 percent) represents pure private investment in commercial and property projects, while Rp158.72 trillion (70.54 percent) comes from public-private partnership (PPP) schemes funding critical infrastructure such as roads, multi-utility tunnels (MUT), and residential complexes.

With private investment now dominating the funding structure, the Nusantara project stands as a testament to Indonesia’s evolving model of sustainable, state-led development, a capital city built not just by government funds, but by shared national and global confidence in the country’s future.

“This level of commitment shows growing investor confidence, both domestic and international, in the legal and political certainty surrounding IKN,” Basuki said.

The assurance, he added, is reinforced by Presidential Regulation No. 12/2025 on the 2025–2029 National Medium-Term Development Plan (RPJMN), which designates Nusantara as Indonesia’s political capital by 2028.

Beyond physical infrastructure, the Rp225 trillion in investments will also fund programs aligned with President Prabowo’s five key development priorities, focusing on social welfare and human capital development.

IKN Authority has conducted more than 879 training sessions for women, people with disabilities, and small businesses to ensure local communities actively benefit from the region’s new economic ecosystem.

The inflow of private capital also supports the creation of an international-standard education system within IKN. The authority plans to open early childhood to high school facilities in the Central Government Core Area (KIPP) by the 2026/2027 academic year, aligning with the long-term vision of achieving “Indonesia Emas 2045” through world-class human resource development.

“What we are building is not merely a new city, but the future of Indonesia,” Basuki emphasized.