The completion progress of the development and construction of the infrastructure in Nusantara Capital City (IKN) has reached 70% for the first batch. The government has planned to start the move to IKN in the coming August. Furthermore, as of January 2024, several groundbreaking ceremonies have been scheduled for the fourth batch of IKN development. As of the end of 2023, three private investors have invested in hospital development while three foreign investors have invested in hospitality development in IKN.