Jakarta infrastructure: Singapore investor offered transportation projects
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Bisnis Indonesia - Infrastruktur DKI Jakarta: Investor Singapura ditawari proyek transportasi
15 October 2021
By: Rahmad Fauzan
Bisnis, Jakarta – Jakarta Provincial Government is offering two transportation infrastructure projects to an investor from Singapore, namely Fatmawati Station Extended Concourse by PT MRT Jakarta and Pegangsaan Dua Transit-Oriented Development (TOD) by PT Jakarta Propertindo (Jakpro).
Jakarta Governor, Anies Baswedan, said that the cooperation with the strategic partner from Singapore was an effort to boost investments that could provide sustainable benefits for citizens.
“The projects offered are embodiments of Jakarta’s dream to be a province with adequate connectivity to drive economic activities in Jakarta,” Anies said on Thursday (14/10).
The Jakarta Provincial Government is fully supporting the investment realisation through various facilities and approaches as solutions for investments and permits in Jakarta.
Anies explained that Jakarta’s economy was recovering from the Covid-19 pandemic as the Capital city’s economy had grew 10.91% year on year (YoY) in the second quarter of 2021. This is a sign that Jakarta has economic resilience even during a pandemic.
Jakarta Capital Investment and One Stop Service (DPMPTSP) Head, Benni Aguscandra, said that Jakarta Investment Centre (JIC) was expected to increase investments from foreign investors in the Capital city.
“The management unit of JIC can become partners of investors who are looking for complete information on mainstay projects as well as their investment values, and they can also provide assistance in handling permit as well as non-permit issues,” Benni said on Thursday (14/10).
According to him, this year is a suitable momentum to grasp investment opportunities. Moreover, foreign investments in Jakarta are showing a positive trend.
According to the data from the Investment Ministry, in the second quarter of 2021, Jakarta received investments of US$960 million or Rp14.1 trillion from foreign investments.
“The Jakarta DPMPTSP is also increasing the investment realisation in Jakarta to provide more jobs, improve the economy of citizens, as well as improve Indonesia’s competitiveness in the Asian market,” he said.
Ismail Marzuki
Meanwhile, the development of the Ismail Marzuki Park (TIM) revitalisation project has reached 98.99%. Quoting Jakarta Provincial Government’s Instagram account on Thursday (14/10), the achievement was part of the first stage of the revitalisation.
The revitalisation is conducted to recover the area’s function as a public park as well as an art, culture, and education centre.
Several facilities are rebuilt during the revitalisation, such as the arena theatre, the museum, the Graha Bakti Budaya building, the library, the culinary area, Amir Hamzah Mosque, and part of the planetarium.
Regarding the TIM revitalisation project, the Jakarta Provincial Government had provided a regional capital participation to Jakpro of Rp270 billion in 2020. In fiscal year 2021, Jakpro proposes Rp3.83 trillion to continue the project assigned by Anies.
