Tuesday, September 26, 2023 | 13:33 WIB

Jakarta to become Indonesia’s main financial center after capital relocation is completed


Jakarta, IO – It will not be long before Jakarta will no longer become Indonesia’s administrative capital. However, it would not lose its shine as it is set to become Indonesia’s premier financial and commercial center on a regional and global scale, reported Kompas, Thursday (8/6).

Tona Hutahuruk, Head of Management at Jakarta Investment Agency and One-Stop Services Service, said that after the new administrative capital Nusantara is completed, Jakarta will play a role as a center for trade, financial services, monetary, investment licensing and business.

“Policy shifts that will benefit the post-relocation of the capital will also be enacted, primarily in the property sector through massive investments in transit oriented development,” said Tona.

He said that in preparing Jakarta’s future as a business center, Jakarta’s development will prioritize a regional approach. To achieve this, the Jakarta Provincial Government will prepare all infrastructure in advance by involving the community and the business sector.

He revealed that the plan has been in motion by using the Blok M area a case study. Blok M will be developed and the utilization of the area will be increased to make it more integrated with the surrounding districts such as Senayan and Kebayoran Baru.

“We plan to create an integrated superblock, accommodating diplomats, housing and hotel services, commercial offices, and business markets,” said Tona.

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“This is not an entirely new idea as it has been implemented in Geneva and Bonn as UN cities and New York as UN headquarters.”

The superblock concept will be divided of blocks for the 13 ASEAN member countries, with connectivity through skywalks and underground bridges to accommodate pedestrians and public transportation. (un)


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