Jakarta Government Holds FGD to Explore Investment Opportunities in Blok M, Kebayoran Baru, and Senayan Areas

On March 3, 2023, the Jakarta Government held a Focus Group Discussion (FGD) to explore potential investment opportunities in the Blok M, Kebayoran Baru, and Senayan areas. The event, which took place in Ballroom 2 of the Hotel JS Luwansa, aimed to synergize planning and design for the integrated development of the area, as well as to collaborate on land use between the Jakarta Provincial Government and PT MRT Jakarta in the Blok M Terminal area.

As part of the government's efforts to develop new city centers following the capital city's relocation, several development points have been established, primarily in the form of Transit Oriented Development (TOD). TOD is expected to create added value to the area by increasing property values, promoting fairness through job opportunities for local residents, developing the local economy, providing affordable housing access, and creating social infrastructure to support stronger community identity and relationships. These efforts are expected to accelerate investment growth and create new economic development opportunities for urban communities by various business activities, including tourism destinations.

The FGD aimed to achieve four main objectives. First, to facilitate an open discussion about the concept of integrated development in the Blok M, Kebayoran Baru, and Senayan areas, with an emphasis on building and transportation modes. Second, to explore the use of land or buildings which are assets of state-owned enterprises (BUMN) in the Blok M, Kebayoran Baru, and Senayan areas following the capital city's relocation. Third, to increase investment cooperation opportunities in the development of the Blok M, Kebayoran Baru, and Senayan areas between the Jakarta Provincial Government and Business Entities. And lastly, to increase the collaboration of government, business associations, planning practitioners, and urban experts in order to accelerate the development of the Blok M, Kebayoran Baru, and Senayan areas.

Mrs. Sri Haryati, the Undersecretary for Economic Affairs and Finance of the Jakarta Capital City Government, supported and participated in the event as Keynote Speaker. Furthermore, the discussion welcomed several relevant speakers who were involved in Blok M-Kebayoran Baru-Senayan area development, including Mr. Benni Aguscandra, Head of the Department for Investment and Integrated One-Stop Services; Mr. Farchad H. Mahfud, Business Development Director of MRT Jakarta; and Mr. Fakky Ismail Hidayat, Business Development Director of Perum Peruri.

The discussion also invited competent responders to provide insight and suggestions related to area development, including Mr. Abdul Malik Sadat Idris from The Ministry of National Development Planning/Bappenas, Mr. Feirully Irzal from Board for Regional Development Planning DKI Jakarta, Mrs. Mery from the Department for Spatial and Land Planning DKI Jakarta, and Mr. Nirwono Joga as an Urban Planning Expert.

In conclusion, the FGD was a successful event that highlighted the importance of collaboration between the government, business entities, and the community in developing the Blok M, Kebayoran Baru, and Senayan areas. The Jakarta Provincial Government and stakeholders are hoping to create a thriving urban community with a strong economy, affordable housing, and improved social infrastructure.