Yayat Supriatna: Jakarta, Unshakable as a Business City

Although it is no longer the nation's capital, Jakarta's prestige as a city of business and trade is unwavering.

In the long term, Jakarta remains unwavering as Indonesia's financial capital

According to Yayat Supriyatna, an Urban Observer from Trisakti University, Jakarta would still be an economic city that prioritizes trade even though the country's capital city moved.

Moreover, the transportation infrastructure in Jakarta is now well connected, after the Trans Java toll road. It would be strengthened again with the Trans Sumatra toll road, which will be connected to the Trans Java toll road in 2024.

Ryaas Rasyid: the Capital Relocation Has a Positive Impact for Jakarta

"In the long term, Jakarta remains unwavering as Indonesia's financial capital. This city is also a node for the production and distribution of logistics, goods, and services, as well as exports and imports," he explained, Friday (4/1).

He went on to say that the results of a study by several parties that the contribution of gross regional domestic tax (GDP) at the national level, Jakarta's position is almost 17 percent of its contribution. While the total given by Java Island was almost 60 percent nationally.

"Seeing this contribution, it is clear that Jakarta's position is still very strong," he furthered.

In a transition period of two to 10 years, when the capital city of Indonesia can grow rapidly as a center of government, it has not been able to grow into the center of the Indonesian economy. Automatically, Jakarta will remain the center of government and economic activities.

He added that the center of government could be moved at any time. However, economic activity certainly awaits the process, as it sees opportunity.

"The economy will see the situation or the money will follow its master. If the master is still entrenched in Jakarta and still feels at home, investors will also survive," he closed.