Jakarta Targets Top 40 Global Rank, USD 26.9 Billion Investment Push

The Jakarta Provincial Government is setting an ambitious goal to position the capital among the Top 40 global cities by 2030, supported by massive infrastructure development, streamlined investment procedures, and targeted incentives to attract foreign investors.

Speaking at the Jakarta Investment Festival (JIF) Summit 2025, Governor Pramono Anung outlined his vision to make Jakarta a leading global investment destination.

Transport & Water Infrastructure Drive Growth

Pramono highlighted the expansion of MRT, LRT, and Transjakarta networks to boost connectivity across Greater Jakarta. According to the Time Out 2025 Global Survey, Jakarta ranks 17th globally for its transport system and second in Southeast Asia after Singapore.

He cited the Blok M-Hub project, which integrates business, cultural, and community spaces within a mixed-use mobility ecosystem.

“This expansion will improve mobility, strengthen international connectivity, and open new economic opportunities,” Pramono explained, as reported by Olenka.

Jakarta is also accelerating clean water infrastructure, targeting 100% clean water access by 2029, up from 73–74% today. Non-revenue water is expected to drop to 30% by 2030.

Jakarta Positioned as Regional Investment Hub

Investment opportunities showcased at JIF 2025 total around USD 125 million, covering 31 infrastructure projects, 13 air development projects, and several integrated utility partnerships. A flagship project is the MRT Dukuh Atas air hub, expected to serve 200,000 daily passengers in the CBD.

Over the next two decades, the city will require more than USD 125 million in investment to support these goals.

“Collaboration with investors is crucial to secure the city’s future as a global center,” Pramono emphasized.

Pramono noted Jakarta’s strategic position as a hub for Southeast Asia and Asia Pacific, with access to 10 million local and 680 million regional passengers.

“Jakarta actively builds partnerships with global cities to keep policies adaptive and progressive,” he said.

Jakarta’s economy remains resilient despite global uncertainty, recording 5.18% growth and hosting over 10,000 multinational companies. Total investment rose 70%, reaching USD 8.8 million. To strengthen its business climate, the provincial government launched the Integrated Investment Gateway, offering 49 service points, transparent licensing, and tax incentives for sectors like hospitality, education, and health.

Investment Realization Reaches USD 9.3 Billion

According to Antara, Jakarta’s total realized investment in the first half of 2025 reached USD 9.3 billion, up from USD 8.9 billion in 2024.

“For the first and second quarters, we’ve reached USD 9.3 billion, and we expect to hit around USD 10.6 billion by the end of the year,” said Muhammad Herizkianto, Deputy Head of Jakarta’s Investment and One-Stop Integrated Services Agency (PMPTSP).

Through JIF 2025, the government is promoting USD 26.9 billion in investment opportunities in property, mixed-use development, transportation, clean water infrastructure, creative hubs, and urban development.

Heru Hermawanto, Head of PMPTSP Jakarta, emphasized that simplifying licensing processes is essential to attract investors.

“We will prepare clear regulations to ensure ease. Investment will not flow without certainty,” Heru said, as quoted by Antara.

He acknowledged that Jakarta’s licensing procedures have been slower than in other countries, but the government is now accelerating permit mechanisms to improve both speed and reliability.

“Jakarta has great potential to improve in terms of ease and certainty. The key is to fix licensing mechanisms and speed up processing. These improvements must happen immediately,” he said.

Heru added that investment forums like JIF 2025 are crucial for identifying real challenges faced by investors.

“The main key is regulatory certainty. Without it, investors will never come,” he stressed.

 

Source: Olenka, Antara

Photo Credit: Doc. VOI

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