Jakarta expands private investment efforts to support growth and jobs
Governor Pramono Anung Wibowo says investment should support jobs, technology transfer and smaller businesses as Jakarta pursues its 2045 global-city goal.
Jakarta’s provincial administration is stepping up cooperation with private investors to support economic expansion and employment, Governor Pramono Anung Wibowo said on November 2. The effort forms part of the city’s ambition to place among the world’s top 20 global cities by 2045.
At a reception co-hosted with venture capital firm East Ventures at Jakarta City Hall, Pramono said the city’s economy grew by 5.52 per cent in the second quarter of 2026, compared with national growth of 5.29 per cent. He put Jakarta’s contribution to Indonesia’s gross domestic product at roughly 16.32 per cent.
Pramono said investment should deliver benefits for residents through job creation, the transfer of technology and support for micro, small and medium-sized enterprises. Sectors open to investors include integrated transport and transit-oriented development, as well as water services, waste management and coastal resilience. Other opportunities span electric vehicles, healthcare, tourism and digital infrastructure.
The administration is simplifying licensing and strengthening integrated investment services to give businesses greater regulatory certainty. It also sees partnerships with venture capital firms, including East Ventures, as a way to link local start-ups, digital talent and smaller businesses with funding, technology and international networks. Pramono expressed support for further cooperation with private-sector partners from Indonesia and abroad.
