Government - Entrepreneurs Collaborate to Restore Economy in JIF 2021

Jakarta Investment and One-stop Integrated Service (PM and PTSP) through Jakarta Investment Center (JIC) Management Unit collaborates with Jakarta Experience Board (PT Jakarta Tourisindo) to hold the 2021 Jakarta Investment Forum (JIF).

It is expected to be a stimulus for the realization of a significant increase in investment

The event with the theme "Strengthening the Post-Pandemic Economy through Collaboration" is conducted virtually via Zoom and broadcast live via the Jakarta administration's Youtube account.

It will take place for two consecutive days starting November 11-12 in order to promote Jakarta as an investment-friendly city and a city of collaboration as the government's strategy in economic recovery after the Covid-19 pandemic.

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PM and PTSP Agency Head, Benni Aguscandra said, it is an investment business forum to open more investment opportunities and collaboration between the government, private sector and other business entities.

"It is expected to be a stimulus for the realization of a significant increase in investment, especially in infrastructure development based on sustainable development plans," he expressed, Tuesday (11/9).

He explained, the pandemic situation that was getting better in Jakarta was the right momentum to fix economic conditions and improve the fiscal situation through investment schemes.

"This is a forum that will facilitate potential investors to see investment opportunities in various sectors in Jakarta. By so, we can restructure and restore economic conditions after the pandemic," he explained.

Since it was inaugurated by the Governor in 2018, he explained, JIC has facilitated many potential investors from various sectors such as waste management, infrastructure and development, transportation, tourism, etc.

Besides assisting investors to conduct one-on-one meetings with project owners, JIC could also provide assistance to domestic and foreign investors in terms of the ease of investing in Jakarta.

"JIC is a strategic partner for business actors to find out potential projects in Jakarta, the investment value of each project and connect business actors with development companies, to provide assistance in licensing and non-licensing related investments, with the hope that business actors can carry out investment realization in Jakarta," he explained.

He went on to say that the event itself would present international and national speakers. The focus of the discussion was related to actions, programs and policy implementation by the central and local governments in economic recovery, planning to increase business collaboration activity programs through investment schemes, urban development planning based on case studies and investment challenges at the national and international levels.

"Then it will be continued with a special session for investors called Meet The Leaders, which gives an opportunity for investors to have direct discussions with policy makers regarding investment in various sectors such as health, transportation, tourism, property, and urban planning, as well as discussing collaboration opportunities to encourage urban development. sustainable," he added.

Jakarta Experience Board (PT Jakarta Tourisindo) President Director, Novita Dewi positively welcomed it. Jakarta was in the process of continuing economic development and recovery by facilitating the virtual implementation of JIF 2021.

"We surely support it. Investors will get a new experience to join virtual investment forums that still prioritize the comfort and needs of investors," she explained.

She added, they can also see a display of potential projects that are ready to offer through the Online Mini Exhibition.

"For further information and how to register can be accessible at jakartainvestmentforum.com," she stated.

As for the information, JIF 2021 will be opened by the Governor who is also enlivened by the presence of national and international figures including, London Mayor, Sadiq Khan; Bank Indonesia Governor, Perry Warjiyo; Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan; Investment Coordinating Board (BKPM) Head, Bahlil Lahadalia and; Representatives of the World Bank Director for Indonesia and Timor Leste.

It will strengthen investment collaboration through Investment Signing Collaboration Commitment. The collaboration of the parties is expected to be a stimulus for the realization of a significant increase in investment, especially in infrastructure development based on a sustainable development plan.

It is followed by a Plenary Discussion session with strategic themes, including: Urban Sustainability will discuss the actions, programs and implementation of policies programmed by the central and regional governments in economic recovery through business collaboration and existing investment opportunities.

Urban Mobility is about to focus on discussing Jakarta's ongoing efforts in providing more adequate public transportation and connecting all public facilities in the city's economic center, business potential and investment in rail-based transportation development and its impact on economic productivity.

Lastly, it will discuss how the government's efforts to reopen investment opportunities specifically for the tourism sector in Jakarta, the role of the digital industry in promoting local tourism in Jakarta and potential business opportunities for the private sector and financial institutions to participate in urban tourism development.

Then the Networking Session is a discussion session that can be accessed by investors to dig deeper information related to the projects being offered. They are divided into separate virtual rooms thus they can register for the session of the project they are interested in.

Previously, the PM and PTSP Agency together with Jakarta Experience Board had launched JIF Class for a few weeks, which is a series of JIF 2021 Pre-event events. 

It was held to share education about the world of investment, property, architecture, and others with the concept of a webinar that brought various competent and experienced sources including BKPM Head for the 2016-2019 period, Tom Lembong; Indonesian Ambassador to Singapore; H.E Suryo Pratomo; Jakarta Property Institute Executive Director, Wendy Haryanto; PT. Jakarta Transit Integration President Director, Aidin Barlean and; Urban+ Founder, Ardzuna Sinaga.

It was realized in collaboration with the administration through PM and PTSP Agency, Jakarta Investment Center Management Unit, Jakarta Experience Board (PT Jakarta Tourisindo), Bank Indonesia, Agung Sedayu Group, BCA, Pakuwon Group, Putragaya Wahana, Roche Indonesia and MRT Jakarta.

The Jakarta Investment Forum is an annual investment forum with the aim of promoting Jakarta as an investment-friendly city as well as a city of collaboration. 

It was intended to inform the public about Jakarta's strategy in fixing the economy after the pandemic. It will open up more investment opportunities and collaborations between the government, the private sector and other business entities.

It would accommodate a meeting between investors and project owners in Jakarta. The collaboration of the parties at the forum is expected to be a stimulus for the realization of a significant increase in investment, especially in infrastructure development based on sustainable development plans.

Another major outcome expected from holding this investment forum is to ensure all programs are implemented and establish more long-term cooperation in the future.