Development of public private partnership scheme in the development of intelligent transportation system in Nusantara Capital City (IKN) to support mobility and connectivity: A literature review

The decision to relocate the National Capital was taken as one of the strategic steps to realize Indonesia's 2045 economic target. Meanwhile, the transportation sector has an important and strategic role in promoting economic development and national economic growth. It is planned that the development of an Intelligent Transportation System (ITS) will be carried out in Nusantara Capital City. However, there are obstacles in implementing the Intelligent Transportation System due to the large costs incurred for the ITS. The estimated budget needed for the development of the smart transportation sector in IKN is Rp. 582.6 billion. The government has a limited budget, which causes a financial gap so that if only relying on the state budget, it is certain that the provision and development of transportation infrastructure will not be able to meet the demands of needs that grow rapidly. As an effort to provide the ITS amid budget constraints, the government maximizing the Public Private Partnership (PPP) financing scheme.