2019 Investment Realization in Jakarta Reaches Rp 123.9 Trillion
Reported by Aldi Geri Lumban Tobing | Translated by Nugroho Adibrata
Jakarta is still a magnet for investors. Throughout 2019, the realization of investment in Foreign Direct Investment (PMA) and Domestic Investment (PMDN) reached Rp 123.9 trillion.
Domestic investment in 2017 was Rp 47.3 trillion, followed by 2018 by Rp 49.1 trillion and increased to Rp 62.1 trillion in 2019
Its amount increased from the target set in the 2017-2022 Jakarta Regional Mid-Term Development Plan (RPJMD) amounting to Rp 100.2 trillion.
Jakarta Investment and One-Stop Integrated Service (PM-PTSP) Agency Benni Aguscandra said this achievement has increased 8.5 percent compared to 2018 with a total of Rp 114.2 trillion.
Jakarta's Investment Realization Reaches 95 Percent"Investment realization in Jakarta contributed 15.3 percent of the total investment realization in Indonesia during 2019, which reached Rp 809.6 trillion," he expressed, Thursday (2/6).
Based on the Investment Coordinating Board (BKPM)'s data, Jakarta still ranks highest domestic investment realization in Indonesia during the period of last three years.
"Domestic investment in 2017 was Rp 47.3 trillion, followed by 2018 by Rp 49.1 trillion and increased to Rp 62.1 trillion in 2019," he detailed.
It proves that Jakarta still provides positive performance in bringing in investment, despite only has a smaller land area compared to other provinces on Java.
There is even the Jakarta Provincial Government's focus on boosting investment realization is by strengthening other complex factors related to each other; integrated investment institutions; promotion of effective and efficient regional investment; physical infrastructure development; implementation of licensing services that are fast, easy, safe and comfortable; and the creation of a productive workforce.
On the other hand, the city also ensures the security of business activities together with related units, good regional economic performance, increases the role of the business community in the local economy and most importantly is a commitment in the development of the business world.
This is a proud result, as the city government is focused on working to provide tangible services to the citizens through strengthening various complex factors that create a conducive business climate," he stated.
