Jakarta's role at the national level remains significant, particularly in investment realization. According to the investment realization report published by the Ministry of Investment, Jakarta achieved a total of Rp 71.35 trillion in investment during the third quarter of 2024 (Q3 2024), marking a 40.3% year-on-year (YoY) increase compared to the same period in 2023. This amount included Foreign Direct Investment (FDI) of USD 2.72 billion, equivalent to Rp 40.77 trillion, and domestic direct investment (DDI) totaling Rp 30.58 trillion. Furthermore, Jakarta showed impressive figures from January to September 2024, with total investment reaching Rp 191.78 trillion, or 15.20% of the national total, securing the top position at the national level. This demonstrates investor trust and confidence in Jakarta’s vision of becoming a global city. Jakarta's total investment realization of Rp 191.78 trillion during the January-September period consisted of Rp 99.92 trillion from Domestic Direct Investment (DDI), representing 16.46% of the national total and Rp 91.86 trillion (USD 6.12 Billion), which contributed 14.04% of the national total from Foreign Direct Investment (FDI). This balanced contribution to the realization of investment highlights Jakarta's ability to attract both domestic and foreign investors and establishes Jakarta as the leading destination for investment in Indonesia. Moreover, investment realization from the January to September quarter of 2024 grew tremendously by 47.2%, rising from Rp 130.32 trillion in the same year to Rp 191.78 trillion. Furthermore, DDI and FDI also experienced growth during this period. The DDI increased by 33.7% as well as the FDI grew by 65.2%. The rise in investment realization indicates that foreign investors' confidence in both central and local government policies has grown despite the political conditions in Indonesia and globally, as well as the global economy's vulnerability to downside risks in Quarter 3. The transportation, warehouse, and telecommunications sector led investment activity in Jakarta, the investment realization amounted to Rp 72.4 trillion, contributed 37.8% of the total investment. This was followed by the other services sector, contributing 16.8% (Rp 32.17 trillion), and the trade and repair sector, which contributed 14.1% (Rp 26.9 trillion). Collectively, these three sectors contributed Rp 131.6 trillion, representing 68.6% of Jakarta's total investment realization. Based on the region, South Jakarta led the area for investment realization with Rp 95.4 trillion, which consisted of Rp 65.2 trillion of FDI and Rp 30.1 trillion of DDI, followed by Central Jakarta with Rp 40.4 trillion and North Jakarta with Rp 24.1 trillion. These numbers highlight Jakarta's solid investment performance, emphasizing its role as a major economic hub with substantial opportunities for growth across its regions. To conclude, Jakarta is the leading investment destination in Indonesia as of Q3 2024, reflecting the city’s significant role in the Indonesian economy. Jakarta has demonstrated its ability to attract a wide range of investments across key sectors while sustaining economic growth. Its balanced approach to both domestic and foreign investments highlights a dynamic and inclusive economy that is well-equipped to adapt to global and regional challenges. The Jakarta Investment Centre further enhances these efforts by facilitating opportunities, fostering collaboration, and ensuring a supportive environment for investors. As Jakarta continues to evolve and expand its global footprint, it strengthens its role as a critical driver of Indonesia's economic success and as a vibrant global city.

On October 24th, 2024, Jakarta Investment Centre (JIC) hosted the "Innovative Funding Strategies for Regional Owned Enterprises (BUMD) Project" seminar at the Alila Hotel SCBD, Jakarta. This seminar brought together key stakeholders to explore innovative funding solutions for BUMD infrastructure projects in Jakarta. Expert speakers from various sectors, including Mr. Rama Magrahana (Head of Strategic Planning and Development Funding, Bappeda DKI Jakarta), Mrs. Citra Handayani Nasrudin (Principal Policy & Program, Indonesia Business Council), and Mr. Hanif Mantiq (Chairman of the Indonesian Investment Managers Association), shared valuable insights and strategies. The seminar explored challenges, opportunities, and best practices in BUMD infrastructure financing. We expect to foster a more robust and innovative financing ecosystem for BUMD in Jakarta, driving sustainable development and economic growth.

On October 25th, 2024, Jakarta Investment Centre (JIC) in collaboration with Jakarta Japan Club just hosted the Jakarta-Japan Exclusive Brunch Meeting at The Westin Jakarta to strengthen mutual relationships and promote economic growth between Jakarta and Japan. Carrying "Strengthening the Role as The National Economic and Business Hub" as a theme, this important event brought together representatives from the Jakarta Japan Club, Japan Embassy, JICA, Jakarta Provincial Government Working Units, Jakarta’s Regional Owned Enterprises (BUMD), and Japanese business entities from various sectors. The meeting featured insightful speeches from key figures, including Mrs. Sri Haryati, Assistant to the Provincial Secretary for Economic and Finance, who delivered the keynote address, followed by remarks from Mr. Kikuchihara Shinichi, Chairman of Jakarta Japan Club (JJC). The session included a presentation by Mrs. Tona Hutauruk, Head of the Jakarta Investment Centre, who provided an overview of Jakarta's investment landscape and shared valuable insights into the Jakarta Investment Catalyst Initiative (JICI), a proactive program aimed to create more investment opportunities through a comprehensive Development Brief. Besides JICI, Jakarta also offered strategic projects in various sectors such as infrastructure, waste-water management, property, and Transit Oriented Development (TOD) which are ready to be collaborated with the potential investors.  This brunch meeting highlighted the importance of collaboration towards investment opportunities in Jakarta's various strategic projects. Such events play a crucial role in strengthening relationships and promoting economic growth between Jakarta and Japan.

Jakarta Investment Centre (JIC) recently hosted a Market Sounding event to explore investment opportunities in the Ragunan Area, South Jakarta. The event brought together government agencies, business entities, associations, and practitioners to discuss potential investment projects. The Market Sounding featured presentations from various speakers, including Mrs. Tona Hutauruk the Head of the Jakarta Investment Centre, Mrs. Laila Latifah, the Head of the Administration Subdivision of the Jakarta Asset Management Centre, and the moderator, Mr. Adhamaski Pangeran, the Chairman of the Association of Planners of DKI Jakarta Province. The presentations emphasized the investment potential of the Ragunan Area, strategically located in South Jakarta and offering various development opportunities. Participants engaged in a lively discussion and question-and-answer session, covering topics such as investment incentives, development regulations, and potential investment projects. The event also served as a platform for networking and collaboration among stakeholders. It is expected that this Market Sounding event will generate interest from potential investors and lead to the development of new investment projects in the Ragunan Area.  

The Ministry of Investment has published a report on investment realization in Indonesia. According to this report, Jakarta is experiencing growth in the first semester of 2024 (January-June), driven by its key role in national investment realization, particularly in DDI. The DDI in Jakarta contributes a significant Rp 69.3 trillion at the national level, while the FDI contributes Rp 51.1 trillion. The growth in Jakarta can be seen by comparing the first semester of 2024 with the first semester of 2023 (Year on Year). This year, the investment realization increased by 51.6%. In addition, both DDI and FDI also increased, with DDI increasing by 71.0% and FDI increasing by 31.3%. Furthermore, the increase in investment realization, especially in FDI, is closely linked to the ability of the central and local governments to stabilize the political and economic situation amidst global economic and political instability. Currently, the global economic situation remains vulnerable to downside risks, including inflation and high interest rates. In the first semester of 2024, transportation, warehouse, and telecommunications accounted for the majority of investments in Jakarta based on the sector of investment, totalling Rp 38 trillion or 31.6% of the total investment realization. Other services followed with 19.2%, equivalent to Rp 23.2 trillion, and trade and reparation with Rp 17.8 trillion or 14.8% of the total. Hence, these three sectors contribute Rp 79.0 trillion, representing 65.6% of total investments in Jakarta. Moreover, based on the region, the investment realization in Jakarta was led by South Jakarta, which represented 43.7% of the total with Rp 52.6 trillion. This investment consisted of Rp 20 trillion in Domestic Direct Investment (DDI) and Rp 32.7 trillion in Foreign Direct Investment (FDI). Following South Jakarta, Central Jakarta came in second with Rp 27.9 trillion, accounting for 23.2% of the total, and North Jakarta had Rp 17.4 trillion, which represents 14.4% of the total amount of investment. In conclusion, the Jakarta Investment Centre (JIC) has taken proactive steps to promote investment opportunities in Jakarta, following impressive growth in investment realization. The JIC is actively promoting the Jakarta Investment Festival (JIF) 2024 to embassies, international government organizations, and chambers as well as facilitating investment cooperation. These efforts aim to attract both domestic and foreign investments, strengthening Jakarta's position as a leading global city and investment destination.

Jakarta Investment Festival (JIF) Summit 2024 held a thematic discussion titled "Green Jobs, Greener City" on Friday, September 6th, 2024. The event brought together key figures to explore the challenges and opportunities in adopting green practices, fostering a dialogue on how to create a more sustainable and prosperous city. We were privileged to hear from inspiring leaders in the field. Mrs. Indra Sari Wardhani from Coaction Indonesia shed light on their proactive efforts in promoting Green Jobs through impactful campaigns and their innovative platform, greenjob.id. Meanwhile, Mrs. Ruly Marianti from GIZ underscored the urgent need for Indonesia to embrace Green Jobs, highlighting the nation's vast potential in sectors such as renewable energy and sustainable agriculture.  Furthermore, Mr. Arif Wahyudin from Danone Indonesia provided a compelling corporate perspective, sharing how the company's ambitious sustainability goals are driving the creation of Green Jobs both within the organization and across its external value chain. Finally, Mr. M. Tsani Annafari from the Jakarta Provincial Government reinforced the city's dedication to a greener future, outlining strategic investments in green infrastructure and upskilling programs aimed at fostering a thriving Green Jobs ecosystem.  In summary, Ms. Meaghan See,  Director of Partnership of Eco-Business Singapore, mentioned the potential of green jobs for a sustainable Indonesia. She highlighted key sectors for development and expressed confidence in Jakarta's green future through collaborative efforts.

On October 15th 2024, The Ministry of Investment/Indonesia Investment Coordinating Board (BKPM) had published the investment realization report for the period of July – September (Q3) 2024. Based on the recent report, Indonesia's investment realization reached IDR 431.48 trillion, a 0.72% increase compared to Q2 2024 (qoq) and a 15.24% increase compared to Q3 2023 (yoy). The total investment realization from January to September 2024 reached IDR 1,261.43 trillion, a 19.78% increase compared to the same period in 2023. This figure represents 76.45% of the total investment realization target for 2024.  The Domestic Direct Investment (DDI) amounted to IDR 198.83 trillion (11.62% growth) in Q3 2024 with the top five sectors were: Transportation, Warehouse, and Telecommunications (IDR 27.72 trillion); Mining (IDR 21.24 trillion); Housing, Industrial Estates, and Offices (IDR 19.88 trillion); Food Industry (IDR 17.48 trillion); and Other Services (IDR 16.31 trillion). Meanwhile Foreign Direct Investment (FDI) reached IDR 232.65 trillion (18.55% growth) in Q3 2024 which contributed 53.92% of the total investment, or equivalent to IDR 232.65 trillion. Five largest FDI realization by sectors were: Basic Metal Industry, Metal Products, NonMachinery and Equipment (US$ 3.03 billion); Transportation, Warehouse, and Telecommunications (US$ 2.02 billion); Mining (US$ 1,56 billion); Chemical and Pharmaceutical Industry (US$ 1.3 billion); and Food Industry (US$ 0.92 billion). The top five FDI contributors were Singapore, Hong Kong (China), China, Malaysia, and the United States. Furthermore, Jakarta became the top investment destination for both DDI and FDI in this quarter, with a total investment of IDR 30.58 trillion for DDI and US$ 2.72 billion for FDI. This accomplishment underscores Jakarta's ongoing investment attraction, as it has emerged as one of Indonesia's most attractive investment destinations.  To enhance Jakarta’s role as a global business and economic hub, Department for Investment and Integrated One-Stop Services of Jakarta Provincial Government actively promotes Jakarta's potential investment projects to global business and investment entities. This effort is conducted through business forums, networking sessions, and investment facilitations.

On Friday, September 6, 2024, Jakarta Investment Festival (JIF) Summit 2024 conducted a thematic discussion titled "Reshaping Healthcare: Investing in Global City Development," explored the strategic opportunities and challenges associated with positioning Jakarta as a prominent destination for medical tourism, aligning with the city's aspirations to achieve global city status. Moderated by Ainsley Mann, President Director of PT Swire Investments Indonesia, the discussion featured key representatives from various sectors. dr. Dwi Oktavia, Deputy head of Department of Health of Jakarta Provincial Government, unveiled the city's ambitious healthcare transformation plan, focusing on patient-centric care and digital innovation. Meanwhile, dr. Harmeni Wijaya, Chief Commercial Officer, PT Pertamina Bina Medika IHC highlighted their commitment to elevating healthcare standards across Indonesia, emphasizing accessibility and technological advancements. Additionally, Mr. Bobby Mandala Putra, Director of Finance from PT Hotel Internasional Sanur Indonesia showcased the success of Bali's Sanur Special Economic Zone as a model for integrated medical and wellness tourism.  In closing, Mr. Ainsley Mann brought the discussion full circle, highlighting that while medical tourism is a compelling prospect, it's imperative to explore broader initiatives and incentives to encourage rapid expansion and progress in healthcare, particularly within urban centers like Jakarta.

Jakarta Investment Festival 2024 held a thematic discussion titled "Investing in Jakarta's Urban Redevelopment" on Friday, September 6th, 2024. The event explored the complexities and opportunities surrounding Jakarta's transformation into a global city following the relocation of Indonesia's capital. It emphasized the importance of strategic investments and innovative approaches to address the city's unique challenges and leverage its potential for growth. The event brought together experts like Mr. Louis Triveno, Senior Urban Development Specialist of World Bank, who highlighted the need for urban transformation through innovative infrastructure investment and private sector collaboration. He emphasized addressing challenges like traffic and housing while leveraging existing strengths. Meanwhile, Mr. Mike Broomell, Managing Director of Colliers Indonesia, discussed repurposing government buildings into residential areas and advocated for policy changes to boost property development and attract foreign investment.  Mrs. Tona Hutauruk from the Jakarta Investment Centre highlighted the government's proactive efforts to attract investors through the Jakarta Investment Catalyst Initiatives and the "Jakarta Digital Twin" platform. Moreover, Mr. Sulistyo, Head of Professional Services at Esri Indonesia, emphasized the role of geospatial technology in data-driven urban planning,  while Mr. Benni Aguscanda, Head of Department for Investment & Integrated One Stop Services Jakarta Provincial Government, added that  "In developing this investment potential, we should not only look at it from the perspective of individual parcel, but also consider the potential by district or area." In closing, Mr. Andy Simarmata, President of Indonesian Association of Urban & Regional Planner (IAP), emphasized Jakarta's potential to become a more inclusive and sustainable economic and cultural hub on the global stage. Despite the challenges posed by the capital's relocation, the city's robust infrastructure, thriving business sector, and growing investment appeal position it for a promising future. The insights shared during the discussion will highly contribute to shaping Jakarta's urban redevelopment journey.