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Jakarta Post

City administration launches Jakarta Investment Center

  • Callistasia Anggun Wijaya
    Callistasia Anggun Wijaya

    The Jakarta Post

Jakarta   /   Wed, August 1, 2018   /   05:44 pm
City administration launches Jakarta Investment Center The interior of the newly-launched Jakarta Investment Center (JIC) at One-Stop Public Service Mall on Jl. Rasuna Said in South Jakarta on July 31. ( Nada Nailufar )

The city administration launched on Tuesday the Jakarta Investment Center (JIC) at the city’s One-Stop Public Service Mall on Jl. Rasuna Said, Kuningan, South Jakarta, in the hope of facilitating investors to do business in the capital.

In his opening speech during the launch, Jakarta Governor Anies Baswedan encouraged investors to do business in the biggest city in Southeast Asia with more than 10 million residents, adding that the rapid growth of the middle-class and the strong purchasing power in Jakarta would be beneficial to investors.

“There is no better time than today to invest in Jakarta. Come and grow with Jakarta. Smart city, smart opportunities,” Anies said.

Meanwhile, Jakarta contributes about 17 percent to the nation’s GDP, showing that the capital is the key player in the country’s economic growth.

This year, Jakarta aims to attract Rp 100 trillion (US$6.9 billion) from foreign and domestic investment, Jakarta Investment and One-Stop Integrated Service Agency (PTSP) head Edy Junaedi said.

Edy added investors could consult about licensing as well as their business with the JIC.

After obtaining a principle license from the Investment Coordinating Board (BKPM), investors could apply for other licenses with the PTSP and consult with the JIC, he said.

Investors could consider investing in the tourist sector in the capital, especially in the Thousand Islands, a field of business with great potential. “We want to offer a new field, which is tourism since investors usually prefer doing business in the service and property fields,” Edy said.