#1JIO Jakarta Investment Centre DKI Jakarta Presentation Book September 2023 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City A definitive guide on macroeconomic condition, data & information, key contacts and investment projects in DKI Jakarta Province "Jakarta a city of collaboration City Line B BBANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#2Jakarta Investment Centre Jakarta a city of collaboration Success of Jakarta for Indonesia B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#3Jakarta JIO Investment Jakarta Centre a city of collaboration ་,་་་་་ ་་་་, B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA 3#4FOREWORDS Considering investment as the crucial part of Jakarta economic growth, the Jakarta Provincial Government commenced Jakarta Investment Centre (JIC) at June 31st, 2018, to support potential investment growth in Jakarta. Then, the Jakarta Provincial Government alongside Bank Indonesia Jakarta Representative Office established Jakarta Investment Committee on 2020 to encourage investment development in Jakarta as a Regional Investor Relation Unit (RIRU). Jakarta Investment Committee has been regularly publishing presentation book, as one of our program on investment promotion strategy. In this September 2023 edition, it will focus on "Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City". As Jakarta's economy has managed to survive in the midst of pandemic situation growth and continues to maintain solid economic performance, investment realization must also be accelerated to support high, sustainable, and inclusive growth, and making Jakarta a Global City. Arlyana Abubakar Representative Head of Bank Indonesia DKI Jakarta Province Joko Agus Setyono Secretary of DKI Jakarta Provincial Government#5Indonesia 1 Economic Performance MAIN INFORMATION JIO Jakarta Investment Centre "Jakarta a city of collaboration Why Invest 2 in Jakarta? Future development 3 plan as economic centre Potential Project 4 in Jakarta Indonesia is one of the fastest growing economy in the world. Find how we perform relative to our peers. There is no better time than now to invest in Jakarta, Capital City of Indonesia. The ASEAN Biggest City for Business & Economy. Future Development Plan as Economic Centre Our very potential projects for you, guaranteed by the Government. JIC Facility at 5 Jakarta MSME Products Mall Pelayanan 6 Publik (MPP) / Public Service Mall 7 Investment Service Guidelines 8 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Licensing in Jakarta & Key Contacts 5#6Jakarta Investment Centre Jakarta a city of collaboration 1 Indonesia Economic Performance B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#7Indonesia's Economic Growth Remains Solid 10,0 5,0 00 0,0 -5,0 -10,0 Strong GDP Growth ¹ %,yoy 5,17 ||||||V||||||IV I II III IV |||||| IV I II 2019 2020 2021 GDP Growth Compared to Peers² 2022 2023 Economic growth in the second quarter of 2023 was recorded at 5.17% (yoy), up from 5.04% (yoy) in the previous period The main sources of growth are strong domestic demand in line with higher household and government consumption growth, coupled with increasing investment, despite declining export performance due to global economic headwinds and softer international commodity prices. All economic sectors are enjoying positive growth, with high growth recorded in the services sector, such as Transportation and Logistics, Accommodation and Food Service Activities, as well as Wholesale and Retail Trade. Spatially, most regions are recording higher growth, particularly in the Sulawesi-Maluku-Papua region. 2023 Growth Projection *) %,yoy Institution 15,00 10,00 5,00 2023 Budget Bank Indonesia 0,00 -5,00 World Bank (GEP, June 2023) GDP growth 5.3 4.5-5.3 4.9 -10,00 Consensus Forecast (July 2023) 4.8 -15,00 2018 2019 2020 2021 2022 2023 2024* IMF (WEO, July 2023) 5.0 50 ADB (Asian Development Bank, April 2023) 4.8 Bulgaria Columbia India Indonesia Philippines 1. Source: Central Bureau of Statistics of Indonesia (BPS), ** Including non-profit household consumption 2. Source: World Economic Outlook Database - April 2023* indicates estimated figure Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 7#8400 350 300 250 200 150 100 50 0 70 60 50 40 30 20 10 Economic Growth Indicators Show Continuous Recovery Indonesia Manufacturing PMI CCI and Retail Sales Consumer CCI Confidence Index 53,3 140 120 100 80 60 1234567891012123456789101212345678910121234567890121234567 2019 2020 2021 2022 2023 Total Investment Indonesia (DDI+ FDI) in IDR Trillion 2.00 349,8 1.50 1.00 0.50 0.00 -0.50 -1.00 -1.50 -2.00 -2.50 -3.00 -3.50 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2020 2021 2022 2023 40 20 0 Retail Sales-g rhs 123456789101121 23456789101121 23456789101121234567 2020 2021 2022 2023 Current Account Deficit of GDP (%) The Indonesian Rupiah IDR/USD 16000 20 15500 15 15000 10 14500 5 14000 0 13500 -5 13000 -10 12500 -15 12000 -20 -25 -0.55 10,00 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2020 2022 2021 2023 Source: CEIC, BI, BPS, Bloomberg Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 8,00 6,00 4,00 2,00 0,00 -2,00 -4,00 03/01/2022 03/03/2022 03/05/2022 03/07/2022 03/09/2022 03/11/2022 03/01/2023 03/03/2023 03/05/2023 03/07/2023 Trade Balance in Billion USD Balance (Billion USD) Import-g (% YoY)-rhs Export-g (%YoY)-rhs 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 1 4 2019 2020 2021 2022 2023 80,00% 60,00% 40,00% 20,00% 0,00% -20,00% -40,00% -60,00% 8#9Improved Outlook and A Well Maintained of Indonesia's Sovereign Credit Rating Amid Global Economy Uncertainties BBB+ BBB BBB- Investment Grade BB+ BB BB- R&I JCRA S&P Fitch Moody's B+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 9#10Indonesia's Sovereign Credit Rating remain stable BBB+ / Stable JCR July 2022, Rating Affirmed at BBB+/Stable "The ratings mainly reflect the country's solid domestic demand-led economic growth potential, restrained public debt, and resilience to external shocks supported by accumulation of foreign exchange reserves. JCR holds that the debt will gradually decrease as the fiscal balance improves mainly increased revenue from economic growth and higher commodity prices. BBB / Stable Fitch Ratings December 2022, Rating Affirmed at BBB/Stable a favorable "Indonesia's rating balances medium-term growth outlook and low government debt/GDP ratio against weak government revenue and lagging structural features, such as governance indicators, compared with 'BBB' category peers." BBB / Stable S&P Global Ratings July 2023, Rating Affirmed at BBB/Stable "The stable rating outlook reflects our expectation that Indonesia will achieve solid economic growth over the next two years. This will support prudent fiscal outcomes and stabilize debt." Baa2 / Stable MOODY'S March 2023, Rating Affirmed at Baa2/Stable "Indonesia's credit profile is supported by its large economy, low fiscal deficits and modest debt burden, balanced against low revenue mobilization, reliance on external funding and some economic concentration that leaves the economy vulnerable to commodity cycles." BBB+ / Positive R&I July 2023, Outlook Revised To Positive; BBB+ Ratings Affirmed "In R&I view, Indonesia's economy has been showing strong performance even amid uncertainties of the global the economic environment. With inflation rate that has fallen within the target range in 2023, the price stability is being restored. The government has achieved its target level of fiscal deficit a year earlier than originally planned and the government debt ratio stays on a downward trajectory. The stability of financial system has been maintained and the economy has resilience to external shocks". Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 10#11SUBSTANCE DATA & FACT The Job Creation Omnibus Law Promotes Employment and Facilitates Opening of New Business While Pursuing the Economic Recovery Labour Market Of the total population aged 209.42 million people, there are 4.15 million people affected by Covid-19 1. Unemployment due to covid-19 (7,706 people) 2. Non-labor force due to Covid-19 (36,000 people) 3. 4. Temporarily not working due to Covid-19 (1,713 people) Work with shorter hours due to Covid-19 (256,000 people) MSME REGULATION LARGE ENTERPRISE 5.637 UNIT MEDIUM ENTERPRISE 65,456 UNIT SMALL ENTERPRISE 798,679 UNIT MICRO ENTERPRISE 64.6 MILLION UNIT Among the 65.47 million MSES, 65.46 million are Micro & Small Businesses, most of which are in the informal sector, so it needs to be encouraged to transform into formal ones. REGULATION Complicated licensing issues with abundant central & local regulations (hyper-regulations) that regulate the sector, causing disharmony, overlapping, non-operational and sectoral. JOB CREATION LAW 1. IMPROVING INVESTMENT ECOSYSTEM & 4. SME & COOPERATIVES 8. ECONOMIC ZONE BUSINESS ACTIVITY 5. EASE OF DOING BUSINESS 9. 2. BUSINESS LICENSING 3. EMPLOYMENT 6. RESEARCH & INNOVATION 7. LAND PROCUREMENT GOVERNMENT INVESTMENT & NATIONAL STRATEGIC PROJECT 10. PUBLIC ADMINISTRATION 11. IMPOSITION OF SANCTIONS Encouraging Job Creation and Entrepreneurship through Ease of Doing Business from MSES & Large Enterprises Source: Statistics Bureau; Job Creation Act (Act Number 11 of 2020) Protecting Worker's Rights through Worker's Protection Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City BENEFITS Benefits for the General Public, including provision of housing and redistribution of land Adjustment to improving investment ecosystem, facilitating strategic projects 11#12The government ensures that the Job Creation Law can be executed through its implementing regulations The government has completed 51 implementing regulations consisting of 47 government regulations and 4 presidential regulations The implementing regulations are grouped into 11 regulatory clusters, namely: 1. Spatial (4) 2. Land and Land Rights (5) 3. Environment (1) Regulations The ministry immediately makes internal implementation standards or guidelines no later than 2 months after the implementing regulations are enacted Public Communication Ministries / Institutions held intensive socialization in the form of electronic media and leaflets 4. Construction and Housing (6) 5. Cooperatives and SMEs (4) 6. Investment (6) 7. Fiscal (3) 8. Employment (4) 9. Economic Zone (2) 10. Government Goods / Services (1) 11. Licensing and Sector Business Activities (15) Source: Coordinating Ministry for Economic Affairs Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Infrastructure and Supporting System • OSS and Supporting System will be ready for . operation in July 2021 Readiness of Ministries / Agencies and Local Governments in providing networks, tools, and consultations Human Resources Training for OSS Operators and Supervisors 12 12#13Perppu No. 2 of 2022 Concerning Job Creation Law Is An Improvement of The Previous Regulation Constitutional Court Decision ☐ The Constitutional Court (MK) stated that the Job law Creation conditionally unconstitutional. was ☐ The Job Creation law is still valid and asked the government to complete the revision within two years. Follow Up 1. Setting the omnibus method in the Law on the Formation of Legislation (Law Number 13 of 2022) . 2. Improvements to the Job Creation Law: Use of the omnibus method Meaningful increase in participation Substantial study results: employment, land, environment and base • Emergency Regulation It is urgently needed to anticipate global and domestic conditions. PERPPU NO. 2 OF 2022 (30 December 2022) The contents of the Job Creation Perppu are generally the same as the contents of the Job Creation Law, however there are some major improvement to the content Several Major Improvement are Related To Employment Regulation, Halal Certification, and Water Resource Management Employment Regulation 1. Refinement of the setting of Regency/City Minimum Wage. 2. Changes to the formula for calculating the Minimum Wage which takes into account certain variables of Economic Growth, Inflation and Indices Halal Product Assurance (Halal Certification) 1. Development of the BPJPH organization in the regions as needed. 2. The Halal Certificate is valid since issuance and remains valid as long as there is no change in the composition of the ingredients and/or PPH. 3. Halal certification for MSES through a halal statement is free of charge. Management of Water Resources 1. Implementation of water sources in the form of diversion of river channels based on approval by the Government 2. Criminal sanctions for intentionally violating water source activities include diverting the river channel without approval. 3. Imposition of administrative sanctions in the form of administrative fines. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 13#14Boosting Investment: Implementation Of Job Creation Law To Provide Legal Certainty And Improve Investment Climate Constitutional Court Decision (25 Nov 2021) The Constitutional Court stated that the Job Creation Law (Law Number 11 of 2020) was conditionally unconstitutional . The omnibus method has not yet been regulated in the Law on the Establishment of Legislation Writing technical error Meaningful participation is not maximized The Job Creation law is still valid, and asked the government to complete the revision within two years. Follow-up (Jan-Dec 2022) 1. Setting the omnibus method in the Law on the Formation of Legislation (Law Number 13 of 2022) to the Job 2. Improvements Creation Law: Use of the omnibus method Meaningful increase in participation Substantial study results: employment, land, environment, and base Correction of writing technical errors. Emergency Regulation (30 Dec 2022) a ☐ The President has issued Government Regulation instead of Law Number 2 of 2022 concerning Job Creation (Perppu on Job Creation). It is urgently needed to anticipate global and domestic conditions. The contents of the Job Creation Perppu are generally the same as those of the Job Creation Law. However, there are some improvements to the content. Promulgation of the Job Creation Law (31 March 2023) The government has promulgated Law No. 6 of 2023 as an endorsement of Perpu No. 2 of 2022 concerning Job Creation Becomes Law. Perpu on Job Creation as an attachment to Law no. 6 Year 2023. All implementing regulations for the Job Creation Perpu and Law Number 11 of 2020 concerning Job Creation are still valid. Identification of Revision of Implementing Regulations of Law Number 6 of 2023 PP Number 5 of 2021 concerning the Implementation of Risk-Based Business Licensing PP Number 28 of 2021 concerning the Implementation of the Industrial Sector . PP Number 29 of 2021 concerning the Implementation of the Trade Sector PP Number 39 of 2021 concerning the Implementation of the Field of Halal Product Assurance Presidential Regulation Number 32 of 2021 concerning Commodity Balances Determination of Decisions and/or Actions that are Considered Legally Accepted PP Number 19 of 2021 concerning the Implementation of Land Acquisition for Public Interests Presidential Decree Number 10 of 2021 concerning the Investment Business Sector (BUPM) and Presidential Decree Number 49 of 2021 Source: Coordinating Ministry of Economics Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 14#152 Jakarta Investment Centre Jakarta a city of collaboration Why Invest In Jakarta? B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#16Access & Geographic The Advantages of Jakarta London Paris Singapore About < 2 >> Hours Seoul Tokyo Dubai Beijing Shanghai Hongkong O Bangkok O Kuala lumpur Singapore Jakarta Soekarno hatta airport Jakarta About < 3 >> Bangkok Hours Jakarta San Fransisco Los angeles O About <7> Tokyo Hours Jakarta Soekarno Hatta International Airport, the gateway access for Jakarta, is located just 45 minutes away from the city centre train. The airport's growing number of international flight makes Jakarta even more convenient. Day trips are possible from Tokyo, Dubai, Seoul, Shanghai and many other Asian cities. Why not consider establishing your regional headquarters or R&D center in Jakarta, the biggest city in ASEAN. It's even more accessible than before. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 16#17The Largest Economy in Indonesia Average Province Share Growth in 2022 (yoy) Growth in 2023 (yoy) Growth Q2-2023 (2018-2022) Q1 Q2 Q3 Q4 2022 Q1 Q2 DKI Jakarta 16.47 3.67 4.61 5.61 5.93 4.85 5.25 4.95 5.13 East Java 14.87 3.51 5.24 5.76 5.59 4.76 5.34 4.95 5.24 West Java 13.43 3.47 5.57 5.62 6.03 4.61 5.45 5.00 5.25 Central Java 8.87 3.33 5.12 5.62 5.27 5.24 5.31 5.04 5.23 North Sumatera 4.84 3.33 3.95 4.70 4.97 5.26 4.73 4.87 5.19 Riau National *Source: Statistics Indonesia (BPS) 4.39 2.39 4.70 4.86 4.58 4.10 4.55 3.88 4.88 3.43 5.01 5.44 5.72 5.01 5.31 5.03 5.17 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 17#18Jakarta's Economy is expected to remain strong in 2023 % yoy GRDP Growth 7 6.20 6.17 6 5.89 5 4 3 2 1 (1) (2) (3) 2017 2018 Household Consumption and Investment Growth %,yoy 8,00 4.80-5.60 6,00 5.25 4,00 2,00 3.56 0,00 -2,00 -4,00 -6,00 -2.39 -8,00 2019 2020 2021 2022 2023-F 2017 2018 Household Consumption 2019 Investment 2020 2021 2022 2023* Source: Statistics Indonesia (BPS) *Forecast from Bank Indonesia GDP Source: Statistics Indonesia (BPS); *2nd quarter 2023 The gross domestic regional product grew 5.13% (yoy) in the second quarter of 2023, up from the previous quarter (4.95%, yoy). The increasing economic growth was mainly driven by increased community mobility during Eid al-Fitr and Eid al- Adha as well as the holding of various events, both national and international. Most economic sectors are also contributing to Jakarta economic growth, including Information and Communication, Wholesale and retail trade as well as other services. The economy, is expected to remain high in 2023, projected in the 4,8-5,6% range. The growth is supported by increasing mobility and major infrastructure projects. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 18#19As the strongest drivers of the national economy, DKI Jakarta's economy is supported by domestic demand and investment GDP GRDP Share by Expenditure (Q2 2023) Investment Share in GRDP in the Java Region (Q2 2023) 35% Indonesia: 30,1% Imports; 30% 75,29% 25% Exports, Gross Fixed 64,54% 20% Capital Formation; 33,23% Non Profit Institution Consumption; 2,22% 15% Government Consumption; 10% 13,06% 5% Household 33,2% 24,1% 28,5% Consumption; 62,68% 0% Jakarta West Java Central Java 26,4% 33,3% East Java Banten Yogyakarta 32,2% At current price * Source: Statistics Indonesia (BPS) At current price * Source: Statistics Indonesia (BPS) Domestic demand contributed significantly to Jakarta's economy with the share of household consumption and investment reached 62.68% and 33.23% respectively. As investment has become the engine of Jakarta's sustainable economic growth, Jakarta is one of the highest investment ratios in the Java region. The ratio is also higher than the national investment ratio. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 19#20DKI Jakarta's economy was fueled by solid leading sectors GRDP Contribution by Sector Processing Industry 0,19 0,14 Wholesale Retail, Car and Motorcycle Repairs Information and Communication Other Services HQ 0,90 0,73 1,02 1,10 0,51 0,57 0,55 0,67 Corporate Services Health Services and Other Activities 0,03 0,14 Accommodation and Food & Beverage 0,38 0,48 Real Estate 0.06 0,06 Transportation and Warehouse 0.63 Q1 2023 0,66 Construction 0,01 Q2 2023 0,25 Financial Services 0,67 0,07 Education Services 0,01 0,25 Mining and Excavation -0,011 -0,03 Agriculture, Livestock, Forestry, and Fisheries 0,00 -0,01 Water Supply 0,00 0,00 Electricity and Gas Procurement -0,02 -0,01 Government Adm., Defense and Compulsory... 0,01 0,06 -0,20 0,00 0,20 0,40 0,60 0,80 1,00 1,20 Economic growth of Jakarta in the second quarter of 2023 was supported by leading sectors, such as Information and Communication, Manufacturing Industry, Corporate Services and Other Services. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 20#21Regional Revenue and Expenditure Budget Increases The Jakarta Provincial Government revenue and expenditure budget of DKI Jakarta in 2023 is valued at IDR 84 trillion, increase 1,2% (yoy) from the previous year budget. Furthermore, until the second quarter of 2023, the percent realization of the revenue and expenditure was recorded at 42% and 29% of total regional revenue and expenditure budget. Q2 - 2021 Details Billion Budget IDR Realization IDR % Realization Billion % CTC Budget IDR Billion Q2-2022 Realization % Realization IDR Billion Q2-2023 % CTC Budget IDR Billion Realization % Realization IDR Billion % CTC Revenue 65,209 23,092 35% -3% 77,797 23,307 30% 1% 74,381 30,890 42% 33% Locally-Generated Revenue 45,182 14,479 15% 3% 55,663 17,191 13.3% 18.7% 52,774 23,641 23% 38% Transfer Revenue 16,874 8,595 31% -11% 17,226 6,075 15.6% -29.3% 18,457 7,230 23% 19% Other Legal Local Revenue 3,153 18 0% -52% 4,907 42 0.8% 133.2% 3,150 19 1% -55% Expenditure 69,993 21,779 31% 9% 76,972 21,579 28.0% -0.9% 74.614 21,758 29% 1% Operational Expenditure 57,800 20,536 15% 14% 58,972 20,074 10.6% -2.2% 59,777 21,313 19% 6% Capital Expenditure 8,761 1,013 5% 164% 10,801 1,079 3.4% 6.6% 13,710 445 1% -59% Unexpected Expenditure 3,044 108 1% -93% 6,715 61 0.8% -43.7% 771 0% -100% Transfer Expenditure 388 123 0% 0% 485 366 0% 198.4% 356 0% 0% NET Financing Local Financing Receipt 14,681 5,964 35% 395% 5,015 10,680 192.5% 79.1% 9,400 8,600 92% -19% Local Financing Expenditure 9,898 17 0.2% 0% 5,840 243 0.3% 1346.4% 9,167 470 3% 93% Revenue + Local Financing Receipt 79,890 29,055 82,812 33,986 83,781 39,491 Expenditure+Local Financing 79,890 21,796 82,812 21,823 83,781 22,227 Expenditure Remaining Budget Financing For 7,260 12,164 17,263 The Relevant Year Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 21#22Financial system improves Economic Recovery is also Supported by the Improvement of Banking Intermediation Function Deposit (IDR trillion) Deposit Growth (yoy) - RHS Loan (IDR trillion) Loan Growth (yoy) - RHS 5.000 20% 2100,0 20% 4.000 3.000 2000,0 15% 15% LOAN 10% LOWN! 1900,0 5% 10% 1800,0 2.000 1.000 0% 1700,0 -5% 5% 1600,0 -10% 0% 1500,0 -15% | || III IV I II III IV | || ||| IV | || I || III IV | || III IV ||||||IV I II 2020 2021 2022 2023 2020 2021 2022 2023 80% 60% 40% 20% 0% Loan to Deposit Ratio Non Performing Loan 3,0% 2,5% 2,0% 1,5% 1,0% 0,5% 0,0% IV III !!! IV | || ||| IV | || |||||| IV I II III IV | || ||| IV I 2020 2021 2022 2023 2020 2021 2022 2023 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 22 22#23Jakarta has the highest population density in Indonesia, dominated by the productive age population The population of Jakarta continuous to increase... Jakarta's 2023 population is now estimated at 11.25 million, with the population growth rate of 1,57% per year. On day time, the population can reach more than 11 million, due to commuting workers from the outskirts of Jakarta. The population density was 16,158 people/km², the highest in the country. The population structure was dominated by productive age, with the majority of 30-34 years old. The Population of Jakarta Province Population Structure by Age (2022) Male Female 2023 11,25 65+ 11,07 2021 10,92 60-64 10,77 55-59 2019 10,64 50-54 10,52 45-49 2017 10,40 40-44 10,29 35-39 2015 10,17 30-34 10,06 25-29 2013 9,95 20-24 9,84 15-19 2011 9,73 10-14 9,63 5-9 2000 8,39 0-4 600000 400000 200000 0 200000 400000 600000 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 23 23#24Jakarta's manpower quality Provincial Minimum Wage (IDR Million) 5,00 4,50 4,00 3,50 3,00 2,50 2,00 1,50 Rp Rp Rp 1,00 0,50 Rp Rp Rp RD RD Rp Jakarta's Human Development Index (HDI) is the highest in Indonesia (2022), in line with the education profile of the manpower. Minimum wage was IDR 4,901,798 in 2023 (equivalent to USD 317.86)* per month *BI transaction average exchange rate on August 16th, 2023 (IDR 15,422) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Total Manpower Classified by Education Level in 2023 Higher Education (≥ Diploma) 28.03% Intermediate Education (Senior High School) 47.44% 대 Elementary Education (s Junior High School) 24.53% *Source: Statistics Indonesia (BPS) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Female 39,08% 60,92% Source: Statistics Indonesia (BPS) 2023 Male 24#25Jakarta's Economic and Investment Potential Has Advantages Like No Other An Ever Growing Economy Huge and Sophisticated Market Business Friendly Infrastructure High investment Higher growth capacity Improving business & living environment for foreign company & expatriate Structural reform: PM-PTSP (Investment and Integrated One- Stop Licensing Service), governance improvement Large population High income per capita More educated employee (Qualified human capital) Growing number of expatriate One stop learning services Good transportation facilities: BRT, MRT, LRT, Toll Road, airport, harbor Huge electrical capacity Communication network (large & fast) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 25 25#26Communication Household Internet Access and Cellphone Ownership in Jakarta are the highest nationally Province Household Cell Phone Ownership (%) Internet Access(%) 2016 2017 2018 2019 2020 2021 2016 2017 2018 2019 2020 2021 DKI Jakarta 75.78 76.99 76.16 78.42 77.57 81.83 76.96 85.7 89.04 93.33 93.24 95.44 East Kalimantan 74.47 74.3 76.36 76.88 76.71 81.10 62.68 69.06 78.98 84.17 86.87 89.67 Riau Islands 73.77 73.35 74.11 76.39 74.33 80.51 65.86 73.33 78.41 87.96 91.15 93.79 North Kalimantan 68.72 68.62 73.99 74.32 71.95 76.02 58.32 65.68 75.71 80.72 86.58 88.02 Bali 65.19 66.24 67.99 69.61 69.93 71.65 60.65 67.1 74.15 79.59 85.67 87.80 Yogyakarta 64.57 65.73 68.32 67.66 67.62 69.81 65.36 71.71 79.1 83.68 85.83 86.88 INDONESIA *Source: Statistics Indonesia (BPS) 58.3 59.59 62.41 63.53 62.84 65.87 47.22 57.33 66.22 73.75 78.18 82.07 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 26#27DKI Jakarta's government continues to improve the ease of doing business to support economic recovery Our efforts in easing processes to obtain development permits Jakarta's economic growth has begun to show signs of recovery Process to obtain permit required 360 days LOKET PELAY Intervention: 1. Simplification Pra-Permohonan Penyusunan Proposal Pemohon Permohonan Penerbitan IPPR* Submit Proposal Konsultasi Verifikasi administrasi dan teknis Izin Lokasi tein Lingkungen Penerbitan zin Mendirikan Bangunan (IMB) Rekomendasi Teknis ") jika diperlukan Validasi Rokomtok Relaxation of micro-enterprise permit issuance - 105,000 permits issued in 4 months 256 training and knowledge sharing sessions for micro and medium enterprises Social assistance totalling 7 Trillion per year for vulnerable and targeted groups * Source: DKI Jakarta Provincial Government Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 2. Digitization Processing is done online Now Current duration to obtain permit 57 days 27 22#28BT L 10 Jakarta Investment Centre Jakarta a city of collaboration 3 Regional Development Plan B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#29Investment opportunities to improve strategic issues and achieve Jakarta's Sustainable Growth Transportation Flood Control Clean Water, Sanitation, and Waste Management sanitation and better waste management Improving capital share and Anticipating flood Improving access to drinking water, public transportation Health Food Social Food security Income equality Improving access to drinking water, sanitation and better waste management Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 29 29#30DKI Jakarta Potential Projects have developed in order to support Environmental Issues and Sustainable Economic Growth MAIN REGIONAL STRATEGIC INFRASTRUCTURE ISSUES TRANSPORTATION Improving capital share and public transportation FLOOD Anticipating flood CLEAN WATER, SANITATION, AND WASTE MANAGEMENT Improving access to drinking water, sanitation and better waste management 1. Development of Jakarta Mass Rapid Transit (MRT) North-South (Bundaran HI - Kota Ancol Barat) 2. Development of Jakarta Mass Rapid Transit (MRT) East-West 3. Integrated Transportation Services through JakLingko (Station Area Arrangement Phase 2) 4. Integrated Rail Transportation in Greater Jakarta STRATEGIC PROJECTS 1. Normalization and Improvement of River Flow Capacity in Cross- Provincial River Areas Ciliwung- Cisadane River Basin in the Form of Ciliwung Watershed 2. DKI Jakarta Coastal Safety Dike 3. East Flood Canal - Ciliwung route 1. Development of Jakarta Sewerage System (JSS) 2. Development of Jatiluhur Water Supply System 3. Development of Intermediate Treatment Facility (ITF) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 30 30#31Infrastructure Development To Support High and Sustainable Growth Transportation Infrastructure 1. MRT JAKARTA Capex : 39 Trillion IDR (phase 1 & 2) Progress In operation (phase 1) & construction (phase 2) Operation Target of Phase 2 : . Segment 1 i.e. Bundaran HI - Harmoni June 2027 Segment 2 i.e. Harmoni - Kota April 2029 2. LRT JABODEBEK Capex Progress : 29,9 Trillion IDR. In operation in August 2023 RAILWAY STATION 5 Toll Road 1. SEMANAN-SUNTER Capex Progress : 11.06 Trillion IDR : Semanan-Grogol 9,15% and Grogol-Kelapa Gading 4,55% (August 11 2023) Operation Target: Juli 2024 2. SUNTER-PULO GEBANG Capex : 4,9 Trillion IDR Progress Kelapa Gading-Pulo Gebang rute (Launched on August 23th 2021) Operation target: 2024 3. DURI PULO-KP. MELAYU Capex 8,17 Trillion IDR Progress N/A Operation Target: 2025 4. KEMAYORAN-KP. MELAYU Capex : 4,93 Trillion IDR Progress N/A Operation Target: 2026 5. ULUJAMI-TN.ABANG Capex : 6,11 Trillion IDR Progress : N/A Operation Target: 2025 1. NEW PRIOK PORT Capex • : Port US $ 2,47 Billion - Phase 1 US $1,50 Billion - Phase 2 Progress: In operation since 18th August 2016 (phase 1- terminal 1) Operation Target: 2023 (all phase) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 31#32100 City Line City Line Jakarta Investment Centre Jakarta a city of collaboration 4 Investment Projects In DKI Jakarta B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#33TOD Project Project Description Bundaran HI Extended Concourse Project Bundaran HI Extended Concourse consists of the development of retail, amenities, new entrances, and pedestrian tunnels for Bundaran HI MRT in an unutilized void of the station's structure. The project will add more than 3.100 m2 of prime retail and public space in the heart of Jakarta's CBD with direct connection to MRT Jakarta's North - South Line. Part of the project includes the provision of new entrances to the south and pedestrian tunnels to commercial developments in the east and west side of the station, which will enhance mobility and overall connectivity of the area. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Ready to Offer Project Project Owner Profile Bundaran HI Station USD 5,44 Million 3.179 sqm Investment fund, JV/SPV, concession, Open for discussion PT MRT Jakarta Contact for further information PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, as a Limited Liability Company with most shares owned by the Jakarta's government, PT MRT Jakarta's scope of activities include the construction, operation, and maintenance (O&M) of MRT infrastructure and facilities, as well as property/business development and management in stations and surrounding areas, including depots and TOD'S : Mrs. Ghassani Herstanti Contact Person Name Occupation Phone Email :- Railway Business Partnership Department Head :[email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 33#34TOD Project Project Description Fatmawati Extended Concourse Project Fatmawati Extended Concourse consists of the development of retail, amenities, and new entrances for Fatmawati Indomaret MRT in an unutilized void of the station's structure. The project will add more than 2.400 m2 of retail space and amenities in the fast- growing hub of Jakarta's Second CBD with direct connection to MRT Jakarta's North - South Line and future Outer Loop Line. Part of the project includes the provision of new entrances to the south side of the station, integrated with a future mixed-use development of retail that will provide the station with a much-needed transit plaza. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Ready to Offer Project Project Owner Profile Fatmawati Station USD 3,31 Million 2.412 sqm Investment fund, JV/SPV, concession, Open for discussion PT MRT Jakarta Contact for further information PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, as a Limited Liability Company with most shares owned by the Jakarta government. PT MRT Jakarta's scope of activities include the construction, operation, and maintenance (O&M) of MRT infrastructure and facilities, as well as property/ business development and management in stations and surrounding areas, including depots and TODS. Contact Person Name Occupation Phone Email : Mrs. Ghassani Herstanti Railway Business Partnership Department Head : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 34#35TOD Project Dukuh Atas Pedestrian Deck Key Investment Highlight West Deck Location Estimated Investment Value Total Area/Land Status Business Scheme East Deck Project Owner Financial Feasibility Ready to Offer Project Dukuh Atas USD 9.9 Million 1,243 sqm Investment fund, JV/SPV, concession, Open for discussion PT MRT Jakarta Contact for further information Project Description The construction of pedestrian decks and underpasses known collectively as the Dukuh Atas Pedestrian Deck aims to increase accessibility and permeability between Dukuh Atas' four quadrants and its multiple transit connections. Along with improving connectivity and enlivening the formerly boring and inconvenient transit in Dukuh Atas, the decks and underpasses will be complimented by services, shops, and public spaces and turn into a landmark in and of itself at Jakarta's hub for international transportation. Project Owner Profile PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, as a Limited Liability Company with most shares owned by the Jakarta government. PT MRT Jakarta's scope of activities include the construction, operation, and maintenance (O&M) of MRT infrastructure and facilities, as well as property/ business development and management in stations and surrounding areas, including depots and TODS. Contact Person Name : Mr. Muhammad Raihan Occupation : TOD Business Generation Department Head Phone :- Email : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 35#36TOD Project Affordabi Project Description Blok M Mixed Use Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Block At Plass The unoccupied former intercity bus station in South Jakarta will be transformed into a thriving residential and creative district as part of the Blok M Mixed Use Development. In addition to residences, a hotel, and a convention center, the development will also include more public spaces and commercial areas. Financial Feasibility *Market Sound Project Project Owner Profile Blok M USD 142 Million 13.000 sqm Investment fund, JV/SPV, concession, Open for discussion PT MRT Jakarta Contact for further information PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, as a Limited Liability Company with most shares owned by the Jakarta government. PT MRT Jakarta's scope of activities include the construction, operation, and maintenance (O&M) of MRT infrastructure and facilities, as well as property/ business development and management in stations and surrounding areas, including depots and TODS. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City : Mr. Muhammad Raihan Contact Person Name Occupation Phone Email :- TOD Business Generation Department Head : [email protected] 36#37TOD Project Project Description Fatmawati Mixed Use Fatmawati Mixed Use is a development consisting of office, retail, and residential uses directly adjacent to Fatmawati Indomaret MRT Station. A previously undeveloped private property will become a bustling community hub thanks to the development. Additionally, it will serve as a flagship project for the Fatmawati TOD Area and a welcome addition to Jakarta's Second CBD. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility * Market Sound Project Project Owner Profile Fatmawati USD 109 Million 16.769 sqm Investment fund, JV/SPV, concession, Open for discussion PT MRT Jakarta Contact for further information PT Mass Rapid Transit Jakarta (PT MRT Jakarta) was established on June 17, 2008, as a Limited Liability Company with most shares owned by the Jakarta government. PT MRT Jakarta's scope of activities include the construction, operation, and maintenance (O&M) of MRT infrastructure and facilities, as well as property/ business development and management in stations and surrounding areas, including depots and TODS. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mr. Muhammad Raihan Occupation : TOD Business Generation Department Head Phone Email :- : [email protected] 37#38Infrastructure Project Project Description BRT Transjakarta Shelter Transjakarta iconic shelters are not only enhancing passengers experience but also become attraction icon and thus business opportunities. To further enhance its positive image PT Transportasi Jakarta is looking to install solar panel electricity, as means to support government eco green program, as much as to help providing adequate power for retail business to operate within the shelters. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Ready to Offer Project Project Owner Profile Salemba shelter dan BKN shelter Salemba Shelter: USD 487 thousand BKN Shelter : USD 443 thousand Salemba Shelter: +/- 224 sqm BKN Shelter : +/- 180 sqm Naming rights and commercial revenue sharing PT Transportasi Jakarta Contact for further information PT Transportasi Jakarta was established in 2015 as a Limited Liability Company with Jakarta provincial government (Pemerintah Provinsi DKI Jakarta) as majority shareholder. PT Transportasi Jakarta scope of activities include of the operation of the longest Bus Rapid Transit system in Asia, along the construction, operation, and maintenance of its shelter infrastructure. : Mr. Iqbal Ananda Hardana Contact Person Name Occupation Phone : Research and Business Development Department Head :- Email : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 38#39Infrastucture Project Project Description Green Shelter Electricity Transjakarta iconic shelters are not only enhancing passengers experience but also become attraction icon and thus business opportunities. To further enhance its positive image PT Transportasi Jakarta is looking to install solar panel electricity, as means to support government eco green program, as much as to help providing adequate power for retail business to operate within the shelters. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Ready to Offer Project Project Owner Profile Bundaran HI shelter, Tosari shelter, Dukuh Atas shelter, & Thamrin shelter Bundaran HI shelter USD 416 thousand Tosari shelter : USD 514 thousand Dukuh Atas shelter : USD 312 thousand Thamrin shelter : USD 514 thousand TBA Revenue sharing PT Transportasi Jakarta Contact for further information PT Transportasi Jakarta was established in 2015 as a Limited Liability Company with Jakarta provincial government (Pemerintah Provinsi DKI Jakarta) as majority shareholder. PT Transportasi Jakarta scope of activities include of the operation of the longest Bus Rapid Transit system in Asia, along the construction, operation, and maintenance of its shelter infrastructure. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mr. Iqbal Ananda Hardana Occupation : Research and Business Development Department Head Phone Email : [email protected] 39#40Infrastructure Project Pedestrian Shelter Redevelopment Key Investment Highlight Sarinah 1 shelter, Sarinah 2 shelter, Bundaran HI Location shelter, GBK shalter, Senayan City shelter, Plaza Senayan 1 shelter, Plaza Senayan 2 shelter Project Description With pedestrian revitalization in major roads across Jakarta, hence pedestrian shelters (halte pinggir) can provide where business opportunities, especially passengers are using Transjakarta non BRT service. Smaller in construction size, pedestrian shelters can bring retail potentials as much as become iconic images for Jakarta main roads. Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility Ready to Offer Project Project Owner Profile USD 208 thousand (7 shelters) +/- 15 sqm/shelter Revenue sharing PT Transportasi Jakarta Contact for further information PT Transportasi Jakarta was established in 2015 as a Limited Liability Company with Jakarta provincial government (Pemerintah Provinsi DKI Jakarta) as majority shareholder. PT Transportasi Jakarta scope of activities include of the operation of the longest Bus Rapid Transit system in Asia, along the construction, operation, and maintenance of its shelter infrastructure. : Mr. Iqbal Ananda Hardana Contact Person Name Occupation Phone Email Research and Business Development Department Head :- : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 40#41Real Estate Project Project Description JIEP Masterplan Inc. Plot 4 Project serviced condominium, rent Mid class condominiums, apartments, malls and shopping center, hotels, and offices tower. The project located in a Strategic New Master Plan JIEP. Next this area are Kelapa Gading and Pulomas as a bisnis, commercial and residential area. Accessible to transport system of BRT, LRT and MRT. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility Market Sound Project Project Owner Profile Pulogadung Industrial Estate, East Jakarta USD 146 Million 37,412 sqm Equity/RE investment PT Jakarta Industrial Estate Pulogadung IRR: 19,53%/year; Payback Period: 7 Years Jakarta Industrial Estate Pulogadung (JIEP) is the first industrial area in Indonesia. Initiated by the government of Jakarta Province, PT JIEP has been established on June 23th, 1973, The initial vision was to restructure the industrial spreads in Jakarta, and to support the development of manufacturing industry subsectors in Indonesia. Until now the composition of shareholders of PT JIEP is 50% of the Republic of Indonesia and 50% of the Provincial Government of DKI Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name Occupation Phone Email : Mr. Zulkifli : VP Corporate Strategic & Planning : +628118889145 : [email protected] 41#42TOD Project Project Description Depo LRT Development Pegangsaan Dua TOD is a series of land development projects, which comprises two stages, the Depot and the Wider Area. The Depot is a multistory mixed-use development while the Wider Area is 160 Hectares of Integrated and liveable urban renewal. The Depot development will be built above the LRT Depot in Pegangsaan Dua. It will be the new commercial and urban residential center in North Jakarta with ease of commute. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Market Sound Project Project Owner Profile Pegangsaan Dua, North Jakarta USD 93 Million IDR 1.4 Trilion ± 10 Hectare Direct financing, joint operation PT Jakarta Propertindo (Jakpro) IRR: 15,02%; NPV : USD 121 Million; Payback Period: 5,6 Years PT Jakarta Propertindo (Perseroda) ("Jakpro") is a Regional-Owned Enterprise (ROE) with the majority of shares owned by the DKI Jakarta Provincial Government which operates in the property, infrastructure, utilities & information communication technology business. Currently, PT Jakarta Propertindo assigned to develop Transit Oriented Development, abbreviated as TOD, is an urban development planning that adopts mixed-use spatial planning and maximizes the use of mass transportation in Jakarta. Contact Person Name : Mr. Indra Lesmana Kosim Occupation : Head of Project Acquisition & Development Division Phone Email : (021) 2962 5700 :[email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 42#43Transportation Project Project Description LRT Jakarta Phase 2A - 2B Development and construction of an integrated rail crossing system operating in DKI Jakarta. Currently, LRT Jakarta has a 5.8 km (3.6 miles) line serving six stations from Pegangsaan Dua in North Jakarta to Velodrome in East Jakarta. It is going to be extended 6.4 km to Manggarai from Velodrome, which is going to be finish in 2024, thus it will have 12.2 km total distance. LRT Jakarta is operated by PT LRTJ which is a subsidiary of PT Jakpro. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Market Sound Project Project Owner Profile Phase 2A JIS Pegangsaan Dua Phase 2B Velodrome - Klender Phase 2A USD 467 Million Phase 2B USD 243,3 Million 12, 7 km (10 stations) Partial capital injection, mixed financing, PPP solicited, G2G loan PT Jakarta Propertindo (Jakpro) Contact for further information PT Jakarta Propertindo (Perseroda) ("Jakpro") is a Regional-Owned Enterprise (ROE) with the majority of shares owned by the DKI Jakarta Provincial Government which operates in the property, infrastructure, utilities & information communication technology business. Currently, PT Jakarta Propertindo assigned to develop Transit Oriented Development, abbreviated as TOD, is an urban development planning that adopts mixed-use spatial planning and maximizes the use of mass transportation in Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name Occupation Phone Email : Mr. Indra Lesmana Kosim : Head of Project Acquisition & Development Division : (021) 2962 5700 :[email protected] 43#44Waste Management Project Medical & Biomedical Waste Facilities offic MRICISS Project Description WWQEHOUSES Project initiation of Waste Processing and Management on Medical and Biomedical Waste which come from several hospitals and health facilities around Jakarta. Early capacities of this project will be 12 - 24 tones/day. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Market Sound Project Project Owner Profile Kapuk Kamal Raya, North Jakarta IDR 185 Billion 0,75 Ha TBA PT Jakarta Propertindo (Jakpro) IRR: 12,82%; NPV: IDR 39 Billion; Payback Period: 18 Years PT Jakarta Propertindo (Perseroda) ("Jakpro") is a Regional-Owned Enterprise (ROE) with the majority of shares owned by the DKI Jakarta Provincial Government which operates in the property, infrastructure, utilities & information communication technology business. Currently, PT Jakarta Propertindo assigned to develop Transit Oriented Development, abbreviated as TOD, is an urban development planning that adopts mixed-use spatial planning and maximizes the use of mass transportation in Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name Occupation Phone Email : Mr. Indra Lesmana Kosim Head of Project Acquisition & Development Division : (021) 2962 5700 : [email protected] 44#45Waste Management Project Regional Waste Processing Facilities Key Investment Highlight Location Estimated Investment Value Rorotan, Cilincing, North Jakarta IDR 450 Billion Total Area/Land Status Business Scheme 3 Ha TBA Project Description Project initiation of Waste Processing and Management from Regional Waste which come from PD Pasar Jaya and several sources to be processed into Solid Recovered Fuel (SRF) and to be sent to Power Plant owned by Indonesia Power as raw material of Co-Firing. Early capacities of this project will be 500-1000 tones/day. Project Owner Financial Feasibility Project Owner Profile PT Jakarta Propertindo (Jakpro) IRR: 14,80%; NPV: IDR 127 Billion/year; Payback Period: 13 Years PT Jakarta Propertindo (Perseroda) ("Jakpro") is a Regional-Owned Enterprise (ROE) with the majority of shares owned by the DKI Jakarta Provincial Government which operates in the property, infrastructure, utilities & information communication technology business. Currently, PT Jakarta Propertindo assigned to develop Transit Oriented Development, abbreviated as TOD, is an urban development planning that adopts mixed-use spatial planning and maximizes the use of mass transportation in Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mr. Indra Lesmana Kosim Occupation : Head of Project Acquisition & Development Division Phone : (021) 2962 5700 Email : [email protected] 45#46Real Estate Project Project Description LOT A Ancol Residential Development Lot A at West Ancol is a prime and luxury spot located near recreation area Taman Impian Jaya Ancol. Imagine owning a luxurious property at sea, where every day you wake up to the breathtaking views of the ocean and the sound of the waves crashing against the shore. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility Ready to Offer Project Project Owner Profile Ancol, North Jakarta USD 125 Million +/- 1,7 Ha Joint Operation PT Pembangunan Jaya Ancol Tbk Contact for further information PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mrs. Nuri Hermila Occupation : VP Commercial Property Email : [email protected] 46#47Real Estate Project Project Description LOT B Ancol Mixed-use Development Lot B at West Ancol is a prime and luxury spot located near recreation area Taman Impian Jaya Ancol. Imagine owning a luxurious property at sea, where every day you wake up to the breathtaking views of the ocean and the sound of the waves crashing against the shore. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Ready to Offer Project Project Owner Profile Ancol, North Jakarta USD 195 Million +/- 3,1 Ha Joint Operation PT Pembangunan Jaya Ancol Tbk Contact for further information PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mrs. Nuri Hermila [email protected] Occupation : VP Commercial Property Email 47#48Real Estate & Tourism Project A Project Description West Ancol Mixed-use Development WA As a new cultural epicenter, the new development provides programs and facilities to support new coastal activities and lifestyles. It translates the principles of the cultural and leisure belt, linking the whole development of Ancol as a new integrated coastal destination that facilitates a new culture of coastal life and showcases innovative and future- proof technological developments. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility Ready to Offer Project Project Owner Profile Ancol, North Jakarta USD 323 Million +/- 55 Ha Joint Operation / EPCF PT Pembangunan Jaya Ancol Tbk Contact for further information PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Contact Person Name : Mrs. Nuri Hermila Occupation VP Commercial Property Email : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 48#49Infrastructure Project Project Description New Marina Ancol Jakarta Marina Hub at Ancol, a property and lifestyle area that is integrated with mass transportation system and Ancol World entertainment facilities. A destination for urban people, a place for entertainment and leisure. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility *Market Sound Project Project Owner Profile Ancol, North Jakarta USD 170,1 Million 23,86 Ha Build Operate Transfer PT Pembangunan Jaya Ancol Tbk IRR: 10,57%; NPV: USD 4,2 Million; Payback Period: 13 Years PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Contact Person Name Mrs. Nuri Hermila Occupation: VP Commercial Property Email : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 19 49#50Real Estate & Tourism Project Ecopark Mixed-use Development Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Ancol, North Jakarta USD 1,74 Billion 7,5 Ha Project Description Ecopark is the primary focal point of the Ancol site. A combination of adventure, magical and nature. It's a place that Interconnected Amusement parks. Ecopark is fully immersive designed Environments. A Lush tropical vegetation creates an immersive river forest minutes away from the city center. The forest is the connective fabric that creates a holistic experience around the three existing parks. Project Owner Financial Feasibility * Market Sound Project Project Owner Profile Joint Operation PT Pembangunan Jaya Ancol Tbk IRR: 15,8%; NPV: USD 167 Million; Payback Period: 15 Years PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Contact Person Name : Mrs. Nuri Hermila Occupation : VP Commercial Property Email : [email protected] Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 50 50#51Real Estate Project Project Description Ancol Hotel Courtyard Marriot is one of ambitious project at Ancol. Nestled along the pristine coastline of a breathtakingly beautiful location. From the moment you arrive, you will be greeted with warm hospitality and exceptional service that will make your stay truly unforgettable. Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Business Scheme Project Owner Financial Feasibility Market Sound Project Project Owner Profile Ancol, North Jakarta USD 38 Million 15.336 sqm Joint Operation PT Pembangunan Jaya Ancol Tbk IRR: 12%; NPV: USD 5,8 Million; Payback Period: 11 Years PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name Occupation Email : Mrs. Nuri Hermila VP Commercial Property : [email protected] 51#52Real Estate Project Putri Duyung Resort Key Investment Highlight Location Estimated Investment Value Total Area/Land Status Ancol, North Jakarta USD 13,9 Million 6,5 Ha Business Scheme Project Owner Joint Operation PT Pembangunan Jaya Ancol Tbk Contact for further information Project Description Putri Duyung Resort is the only resort with exotic seaside views in North Jakarta. Located in the Taman Impian Jaya Ancol area, Putri Duyung Resort has 131 cottages that are unique and have different architectural forms. Financial Feasibility Market Sound Project Project Owner Profile PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mrs. Nuri Hermila Occupation: VP Commercial Property Email : [email protected] 52#53Real Estate & Tourism Project East Ancol Mixed-use Development Key Investment Highlight Location Estimated Reclamation Cost Ancol, North Jakarta USD 645 Million Available Land Business Scheme Project Owner Financial Feasibility * Market Sound Project 120 Ha Joint Operation / EPCF PT Pembangunan Jaya Ancol Tbk Contact for further information Project Description East Ancol is Located in the heart of one of the beautiful coastlines, this property offers the perfect combination of luxurious living and breathtaking ocean views. Our beach property is designed to provide the perfect blend of comfort and luxury. This property is perfect for those who crave the sun, sea, and sand, and want to enjoy the ultimate beach lifestyle. Project Owner Profile PT Pembangunan Jaya Ancol Tbk is the largest and integrated property developer and recreation area manager in Indonesia. Established in 1992, PJA manages an area of more than 500 hectares located north of the capital city of Jakarta. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Contact Person Name : Mrs. Nuri Hermila Occupation : VP Commercial Property Email : [email protected] 53#54陶 SALE 50% Jakarta Investment Centre Jakarta a city of collaboration 5 Jakarta's MSME Products B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#55Jakarta's MSME Products: Contact Dishi Ikapeksi Agro Industri Oishil Ikapeksi Agro Industri, a food production company founded in 2017, understands the importance of providing consumers with healthy, halal, and natural food. As a result, Ikapeksi Agro Industri offers Oishii Sweet Soy Sauce andp Rusa Soy Sauce as options for flavoring when cooking or eating. In order to apply the sustainability principle, Ikapeksi Agro industri is committed to using high-quality natural ingredients from Indonesia's natural resources, providing employees with appropriate skills through community empowerment, processing production waste as animal feed, and expanding markets both offline and online. Mahaquinn Charcoal Home - Best BBQ Charcoal Supplier. | [email protected] | +62 817 1717 7307 | Mahaquinn produces premium charcoal products such as tamarind and hardwood lump charcoal and coconut briquette. Our product goes through extensive quality control and backed up by test reports that can provide to our customers. Our facility in Indonesia, one of the largest charcoal supplier country, allows us to source high quality material to produce consistent and reliable products with calorific content as high as 7000 kcal, no added chemicals, and also smokeless therefore cleaner to the environment. Some products also provide long burning time up to 300 minutes. Mahaquinn charcoal products are produced in a sustainable way as materials that are normally left out as waste such as coconut shell. Mahaquinn Charcoal Contact Ikapeksi Agro Industri https://www.kecapoishii.com | [email protected] +62 81293531717 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 55#56Jakarta's MSME Products: Nancy Craft Co. Nancy Craft Co. established in 1981 has produced millions of rattan basketry, furniture and handicraft from Indonesia for our esteem customers in 45 countries world wide. Nancy Craft Co. are indeed honored and humbly thanking our customers for their trust and partnership with our good quality product and design. Nancy Craft Co. will continue our passion to produced high quality products with beautiful design with its functions for millions of people. Being located in Indonesia which is the main rattan resource for the world, we are experienced in working with various type of rattan in combination with other kind of natural material. Contact Embroidery Indonesia https://www/embroideryindonesia.com/ [email protected] | +6281387792927 Embroidery Indonesia renowned for its hand drawn design of luxury beddings, home decor, and accessories. Available in large range of stunning Indonesian unique traditional pattern from every province of Indonesia to timeless and elegant design and we believe it give most added value to the global trend. Our exclusive pattern, color pallets, fabric quality and style can suit up to any bedroom from modern living, classic, to contemporary with soft and vibrant colors. Embroidery Indonesia Contact Nancy Craft Co. https://linktr.ee/nancycraftco | [email protected] | +62217992802 Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 56#576 Jakarta Investment Centre Jakarta a city of collaboration Jakarta Investment Centre Features BB BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#58Jakarta Investment Centre (JIC) As a mean of synergizing the economic development for stakeholders in investment, trade, tourism, marine, finance and labor sectors, the provincial government of DKI Jakarta introduces Governor's Decree (Keputusan Gubernur) no. 1706/2017 regarding the establishment of Jakarta Investement Centre (JIC). The JIC was launched on 31st July 2018 in Mall Pelayanan Publik DKI Jakarta. The management of JIC is structured under the One Stop Integrated Services and Investment Service (DPMPTSP DKI Jakarta). According to the Governor's Regulation No. 57/2022 regarding the organization and working procedure of local government agencies, JIC's functions include organizing research of investment promotion and facilitation, promotional service, and also facilitating investment/investor. In line with the spirit of "Jakarta's Success for Indonesia" is an impetus for Jakarta to revamp the city, to build a livable city. Jakarta offers partnership opportunity to build a collaborative city together with local and global partners. JIC provides comprehensive information and assistance to support investment as well as partnership in DKI Jakarta which can be accessed easily through www.invest.jakarta.go.id. Jakarta is currently focused on city infrastructure development project in several sectors such as water management, transportation, transit oriented development, waste management, and green energy. JIC and the other agencies under the provincial government of DKI Jakarta is working collaboratively to assess numerous potential ready-to-offer infrastructure projects in DKI Jakarta. fie Jakarta Investment Centre Jakarta ctvutical beat ic Jakarta Investment Centre Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 58#59JIC Facility Teleconference Room Virtual meetings are no longer the way of the future, they are the way of today. Online meeting tools are critical in the success of any organizations, including the public governments. Here in JIC we use teleconference room to facilitate communication with international agencies, government stakeholders and strategic partners in order to optimize investment development. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Investment Command and Data Centre Room Mapping and discussing potential investment zone with related stakeholders are no longer difficult, and this is the following improvement on investment Command and Data Centre which has been connected with Jakarta Smart City (JSC) and City Information for Jakarta Spatial Planning. 59 59#60JIC Facility VIP Investor Lounge When it comes to finding strategic partners for international standards joint ventures and business expansion, the investment lounge in the JIC 5th floor is the most appropriate place to conduct a business talks. You can use this professional, comfortably appointed setting for talks with experts and potential business partners on topics such as financing infrastructures, subsidies, overseas businesses, public private partnership, international funding, regional banks partnership facilitation, and others. Development of Startups, industrial relocation & development schemes, equity, venture capital, social entrepreneurship, incubator concepts discussion are also welcome. Investment Command and Data Centre Room The semi private room is facilitated to provide more personal and intensive communication services for private focus discussion. It provides Public Private Partnership (PPP) Corner, and facilitate National Coordinating Investment Board Corner (BKPM) representatives and JIC Investment Qualified Consultants as liaison officers to support investors' need of end to end information, licensing process and regulation. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 60 60#61JIC Facility Amphitheater Room This JIC minimalist amphitheater is not just an ordinary room for merely watching movies, it is a room with impressive sound system and comfortable place for relaxing focus discussion. Business discussion such as tutorial presentation, projects presenting, business project prototype making, and research dissemination as well as workshop can be performed here. Where various stakeholders can discuss various investment and business interest. It is a makerspace! Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Augmented Reality Augmented Reality creates a more detailed virtually immersive experience of the real world, which is naturally suited to the provision of preliminary information. JIC provides interactive, three dimensional information of ready to offers and potential projects investment opportunities. It eliminates the confusion of translating information from two dimensional formats into three dimensional reality, and it provides simulation options that let users safely explore situations in short time, which can increase time optimization and alleviate risk from lack of information regarding investment. 949 61#62JIC Website Main goals of JIC Website 1 Gateway of information for potential investors 2 Provides investment opportunity in DKI Jakarta SMART CITY INVESTMENT 3 4 5 6 Market feature; Promotional platform where project owners are able to promote their investment opportunity to the potential investors Supporting feature; facilitating investors' request through email, telephone call and and follow up for other investment enquiries Business feature; providing information regarding investment opportunity Community feature; establishing forum and community between investors Welcome to Jakarta Investment Centre Experience professional facilitation services froma erodible Jakarta Provincial Govemment representative. Geographical Information System feature inside the website Based on geography discipline, GIS integrates numerous forms of data to analyze spatial location and organize information into a 3D visualization. With this feature, it helps investor to have deeper understanding of specific investment location, and eventually contributes to the decision making process. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 62 62#6305 INVESMENT 03 04 7 Jakarta Investment Centre Jakarta a city of collaboration Investment Service Guideline B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#641 CENTRAL GOVERNMENT SERVICE Jakarta Investment Centre Jakarta a city of collaboration#65How to Obtain Business License source: BKPM New Mechanism Investors Notary New Mechanism Nomor Induk Berusaha (NIB)/Single Business Number New Mechanism Issuance of License Business License is Published by OSS (not effective yet). Establishing Company Business License Self Declarating Commitments OSS System Ministry of Law - 'One' Format for Business License Application AHU ONLINE Business Registration. "OSS' Commercial/Operational Post Audit License Self Declarating Commitments Fulfillment of Requirements & Commitment Commercial/Operational License are published by OSS (not effective yet) Apply to related sectoral Government Ministries/Institutions or Regional Gov. Approval for Business License requirements Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Commercial/ Operational License Post Audit by Gov. Institution & Regional Gov. 65 65#66BKPM BADAN KOORDINASI PENANAMAN MODAL NSWi National Single Window for investment NSWI is an online portal to access information and an application for licensing and non-licensing launched by Indonesia Investment Coordinating Board. NSWI provides services to the Ministries and Agencies related to investment. (https://nswi.bkpm.go.id/) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 66 66#67KEMKOMINFO SICANTIK CLOUD The Integrated Licensing Service Smart Application for the Public in the form of a cloud system that can be used by government agencies for FREE. SI CANTIK itself is a web-based application that is integrated with Online Single Submission (OSS) for business licensing and other services carried out at the One Stop Integrated and Investment Service (DPMPTSP). (https://sicantikui.layanan.go.id/#/login) Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 44 67#68AGRAHA DAE KEMENTERIAN KEUANGAN SW REPUBLIK INDONESIA TRANSFENCY CONRGTENCY EFFICIENCY INDONESIA NATIONAL BRIGLE WINDOW SIMPLICITY INSW is an online portal to assist the trading process in Indonesia because it is the National Single Window for all trading processes so that the entire process can be monitored by. (https://www.insw.go.id/) Bea Perolehan Hak atas Tanah dan Bangunan (BPHTB) is the acquisition of rights to land and buildings with a tax rate of 5%. The Ministry of Land and Spatial Planning / National Land Agency has made an online service innovation to check the amount of BPHTB in each province. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 68#692 Jakarta Investment Centre Jakarta a city of collaboration ONE STOP INTEGRATED AND INVESTMENT SERVICE 69#70One Stop Integrated Service (PTSP) The DKI Jakarta Provincial Investment Service and One Stop Integrated Service (DPMPTSP) is a regional apparatus that has a position as an element in implementing government affairs in the investment sector and administering licensing and non-licensing services in DKI Jakarta. DPMPTSP has service innovations to provide convenience and service approaches to citizens of the capital PTSP Jakarta Investment Center (JIC) Jakarta Jakarta Investment Center (JIC) is one of the innovations from DPMPTSP to optimize Public Service Malls by presenting service Investment innovations in the investment sector through a one-stop system. Centre CGUILG This innovation aims to increase investment in DKI Jakarta for both PMA and PMDN as well as creating a conducive investment climate. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City متا 70 70#71Jakarta Investment Center (JIC) and Regional Investor Relation Unit (RIRU) Regional Investor Relation Unit (RIRU) Strategic partnership Advisory Role Providing information & assessment on potential investment Investment promotion and trade cooperation JIC as RIRU Functions • Policy advisor Strategic investment partner • Research and information centre for investment development opportunities • Trade, investment and partnership promotion. • Capacity and development Capacity development Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 71#72Public Service Mall Public Service Mall is a place for activities to provide public services for goods, services and / or administrative services which are an expansion of the integrated service functions both central and regional, as well as services of State Owned Enterprises / Regional Owned Enterprises / private in order to provide services fast, easy, affordable, safe and convenient INFORMATIO PELAYANAN KANTA.CO. <1500764 CNAS PEN Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City CAE Kios Bantuan Ramnic <-7500 164 PELAYANAN JAKARTA.CO.ID fPELAYANANJAKARTA LAYANAN DINAS PENANAMAN MODAL DAN PELAYANAN TERPADU SA 72 72#73DKI Jakarta's Support Towards EoDB SK DPMPTSP Nomor 14 Tahun 2020 Improvement of Public Services at DPMPTSP in order to support the increase in Ease of Doing Business (EODB) Ranking in the Province of the Special Capital Region of Jakarta in 2021 Abolition of the Certificate of Business Domicile (Surat Keterangan Domisili Usaha) is still carried out in terms of licensing and non- licensing services; Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City The arrangement of Small Medium Business Trade (SIUP) with a Company Registration Certificate (TDP) at the the District PMPTSP Management Unit for 0.5 days after the document is declared complete and processed online through the Online Single Submission system. 73 75#74Dealing with Construction Permit Warehouse buildings with a maximum land area of 1,500 m2 and has two floors replaced with non- simple non residential buildings not for public use at most two floors with a maximum area of 1,000 m2 and maximum building area of 1,300 m2 The processing of Building Permit (IMB) packages or Ease of Doing Business consist of City Plan Decree (KRK), Declaration of Environmental Management and Monitoring Capability (SPPL), Ratification of Architectural Planning Drawings (GPA) and Building Permits (IMB) are done online through website http://jakevo.jakarta.go.id; A statement letter with a stamp duty of Rp. 6,000, - from the applicant stating that they will build the building in accordance with the planning drawings in the application for Building Permits (IMB) or Ease of Doing Business and is willing to accept further action if the building does not match the requested IMB; The processing of a Functionality Certificate (SLF) for non-simple non-residential buildings not for public use at most two floors with a maximum area of 1,000 m2 and maximum building area of 1,300 m2 The processing of Building Permit (IMB) packages or Ease of Doing Business and Functionality Certificate (SLF) for that building is the authority of the District PMPTSP Management Unit; Buildings are used for general trading activities and storage of merchandise that have no significant impact on the environment in accordance with the provisions and regulations of the prevailing laws. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 74#75Jakarta Investment Forum (JIF) JIF is an annual event since 2021, a collaboration between the Representative Office of Bank Indonesia for DKI Jakarta and the Jakarta Investment Center. The JIF 2023 series was held throughout the months of July to August 2023, consists of the Main Event and the JIF Exhibition. OPENING CEREMONY & PLENARY DISCUSSION Global City and Beyond August 03, 2023 The St. Regis Jakarta Caroline Bawoom PLENARY DISCUSSION Dicky Kartikeyone Rosan Road Himewan Heriyous 09.00-12.00 PM GMT+7 Wihana Kirana Jaya OPENING CEREMONY Sri Haryati Heru iudi Hartone Axa 13 SY Yuliet Tanjung Pagister now at invest jakarta.gn id POORVOE Rory Asyari Opening Ceremony 1. The Main 2. Plenary Discussion Event JIF 3. Thematic Discussion 2023 Agenda 4. Workshop 5. Project Booth The Main Event JIF 2023 Thursday, August 3rd 2023 Caroline Ballroom, The St. Regis Jakarta • The Opening Ceremony was inaugurated by the Secretary of the DKI Jakarta Provincial Government, with a total audience of approximately 500 people. • The Plenary Discussion highlighted that DKI Jakarta still requires an acceleration in the digitalization of government programs, particularly concerning transportation and infrastructure integration. ⚫ There were three thematic discussions held with the themes "Unlocking a Net Zero Jakarta", "Future Global City: Seizing Infrastructure Investment Opportunities in Jakarta", and "Creating Green Investment Opportunities and Potential in Jakarta." • The workshop, themed "Sustainability Reporting for Companies," collaborated with EcoBusiness Singapore. ⚫ Ten project booths were set up to showcase potential projects in DKI Jakarta, facilitating participants or potential investors in obtaining essential information through face-to-face interactions." Global City and Beyond for detail information about JIF 2023: https://invest.jakarta.go.id/jakarta-investment-forum Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 75 75#76Jakarta Investment Forum (JIF) JIF Exhibition 2023 JIF Exhibition consists of Project Booth, One-on-One Meeting, and Site Visit to promote clean and clear projects owned by PT Transportasi Jakarta, PT Pembangunan Jaya Ancol, and PT MRT Jakarta. • JIF Exhibition, July 11th-13th 2023 The first JIF Exhibition presents projects owned by PT MRT Jakarta. PT MRT Jakarta projects consist of Blok M Mixed Use Development, Dukuh Atas Pedestrian Deck, and Fatmawati Use Development. • • • JIF Exhibition, July 25th-27th 2023 The second JIF Exhibition presents projects owned by PT Pembangunan Jaya Ancol and PT Transportasi Jakarta. The projects PT Pembangunan Jaya Ancol consist of Lot A Ancol, Lot B Ancol, West Ancol, East Ancol, New Marina Ancol, Ecopark Mixed-use Development, Ancol Hotel, Putri Duyung Resort. The projects PT Transportasi Jakarta consist of BRT Transjakarta Shelter, Green Shelter Electricity, Pedestrian Shelter Redevelopment. • The One-on-One Meeting was attended by a total of 44 potential investors from various companies, both domestic and foreign. One-on-One Meeting activities are also held with site visits, as a form of innovation, to bring potential investors closer to the potential projects being promoted. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City for detail information about JIF 2023 https://invest.jakarta.go.id/jakarta-investment-forum 76#773 Jakarta Investment Centre Jakarta a city of collaboration SERVICES OWNED BY ONE STOP INTEGRATED AND INVESTMENT SERVICE OF DKI JAKARTA#78Online Single Submission https://oss.go.id/portal/ Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City JAK EVO https://jakevo.jakarta.go.id/ 78#79SHUTTLE MOTORCYCLE PERMITS (AJIB) AJIB Artur lemput One Stop Integrated and Investment Service of DKI Jakarta (DPMPTSP) made Shuttle Motorcycle Permits (AJIB) service innovations where DPMPTSP officers can pick up the application for permits / non-permits and deliver back the- signed permit / non-permit documents directly to the applicant' house / office. INTERNAL SERVICE COORDINATION INFORMATION SYSTEM / Si Kopi Internal Service Coordination Information System is the provision of a formal forum for internal communication through the use of the Information System. The implementation of this innovation can accelerate the transfer of knowledge from all management units that are spread throughout the DKI Jakarta Province. اسل V M V дипат STARTING BUSINESS CORNER A place for entrepreneurs to consult on licensing and non-licensing before starting a business, such as the establishment and legalization of companies, procedures for applying for business licenses, and others. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 19 79#804 Jakarta Investment Centre Jakarta a city of collaboration PUBLIC PRIVATE PARTNERSHIP (PPP) COOPERATION 80#81Government Cooperation with Business Entities (KPBU/PPP) Cooperation between the Government and Business Entities (KPBU/PPP) is cooperation between the Government and Business Entities in the provision of infrastructure for the purpose of the public interest by referring to the specifications previously set by the Minister / Head of Institutions / Heads of Regions / BUMN / BUMD, which partly or wholly uses resources. Business Entities with due regard to risk sharing among the parties. ויייו Solicited KPBU is a project initiated by the government Unsolicited KPBU is a project on the initiative of a Business Entity Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 81#82BOO BDO BLT BBO LDO Build Own Operate Granting concessions, investors have the right to get a return on investment, a reasonable profit, so that investors can collect fees with government approval. Build Develop Operate The private sector rents / buy facilities from the government, expands, modernizes and then operates them on a contract basis. Build Lease Transfer Owner of a facility seems to be renting out a newly built facility for a certain period of time (lease) to investors as installments of the investment that has been invested or the facility can also be leased to another party. Buy Build Operate An existing public facility is transferred to a private party for renovation and is operated for a certain period or until the cost of renovation is covered with a certain level of profit. Lease Develop Operate The private sector leases facilities from the government, expands, modernizes then operates it based on a contract Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 82#83Wrap Around Addition (WAA) The private sector finances and carries out the construction of an additional work and can operate it for a certain time in order to return investment. Build Operate Transfer (BOT) This form of contract is a pattern of cooperation between land / land owners and investors who will process the land into a single facility for trade, hotels, resors, or toll roads and others. Build Own Operate Transfer (BOOT) The private sector finances, builds, operates, maintains, manages, and collects payments from infrastructure users, and at the end of the right of use, returns to the property of the government. Build Transfer Lease (BTL) Private sector builds infrastructure on government land. The infrastructure built belong to the government Build Rent Own Transfer (BROT) The government hands over assets in the form of land / land to the private sector to be built, managed (including renting it to other parties) for a certain time, then hand it back to the government after the contract expires Build Rent Own Transfer (BROT) The government hands over assets in the form of land / land to the private sector to be built, managed (including renting it to other parties) for a certain time, then hand it back to the government after the contract expires Build Transfer Operate (BTO) The private sector funds and builds facilities and then transfers them to government agencies when the construction is completed. Furthermore, the private sector operates it for a certain period of time Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 83#841 PPP Procedure Summary (Solicited) SKPD: Prepare preliminary study + public discussion PPP Node: Arrange Perbal DPRD and Bappenas of Announcement Letter to 5 Bappeda & BPKD: Evaluate preliminary 2 study + evaluate public discussion result Governor Approve/reject PPP project plan (process through recommendation letter and 4 Perbal Kebgub) PPP Node : Recommend to follow-up the PPP Project plan (attach perbal Kepgub about project arrangement, team 3 establishment, PJPK delegation PPP Team: Prepare Perbal of project location arrangement 14 - Planning Stage -- -- Preparation Stage -- -- Transaction Stage -- Kuasa PJPK: Ensure PPP Projecy implementation management in accordance with the 21 cooperation Governor : Signing the Announcement Letter of PPP Project 6 13 PPP Project Team: Finalize the Pre Feasibility Stuides and prepare & process Perbal of technical economic and financial statement Contracting Agency: Sign Kepgub of Project Location 15 Bappenas & DPRD : Receive notification of 7 plans for the PPP Project 12 PPP Project Team : 8 Prepare Pre Feasibility Studies Kuasa PJPK: Sign the Statement Letter of technically, economically, and financially feasible project Kuasa PJPK/PJPK: Approve and sign the 11 letter of A1 & A2 and sign the letter of B1 with the Pearbal Procurement Committee: Execute exploration of market 16 interest and prepare procurement document Special Purpose Vehicle (SPV): Fulfill the project financing (output: 20 project financing 17 Kuasa PJPK: Approve procurement document 19 17 document Kuasa PJPK and Special Purpose Vehicle (SPV) : Sign the project cooperation agreement Kuasa PJPK: Approve Pre Feasibility Studies (including the result of public 9 discussion and exploring of market interest) 10 PPP Teram: Prepare and process Perbal of Proposal Letter (A1), project location arrangement (A2), procurement committee establishment (B1), government support and/or guarantee proposal (*if needed) Procurement Committee: procurement of special purpose vehicle (SPV), prepare PPP project cooperation agreement 18 document Simpul documenting the process of planning, preparing and transacting of PPP project Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 84#85PPP Procedure Summary (Unsolicited) Initiator Candidates: Prepare and submit statement of intent and pre 2 Governor : Disposing the Letter 1 feasibility study document PPP Node: research and assess the administrative letter & document 3 completeness Governor Approve the follow-up recommendation & validate kuasa PJPK's proposal & establishment of PPP team 4 Governor : sign and send the letter of approval or rejection PPP Node: Prepare the Perbal of approval or rejection letter 8 9 If approved the initiator candidate prepare & submit the feasibility studies and pre qualification document and procurement plan to Kuasa PJPK 10 6 Kuasa PJPK: Approve the results of the assessment of pre-feasibility studies and qualification of initiator PPP Team: Evaluate and assess preliminary study document; prepare Perbal of document Approval/ rejection/ or correction; prepare Perbal of Kepgub about the Establishment of Precurement committee and Perbal of Government Guarantee Letter (if needed) PPP Team Assess the pre- feasibility studies and the qualification of the initiator 5 candidate 11 Kuasa PjPK: Sign the proposal letter of government guarantee letter Kuasa PJPK: Forward the disposition of the government guarantee reply letter to initiator 15 candidate Initiator Candidate : Finalize the feasibility 16 studies Special Purpose Vehicle Governor: Receive and dispose a reply letter from IGF 14 to Kuasa PJPK PPP Team Evaluate the feasibility studies document 17 (SPV) Obtain project 23 financing compliance Kuasa PJPK: Establish special purpose vehicle (SPV)+sign PPP project cooperation agreement Kuasa PJPK: Ensure the management of project implementation in 22 accordance with the agreement 24 13 Infrastructure Guarantee Fund: Receive and reply to the government guarantee proposal letter Governor : Sign the Perbal and send it to Infrastructure 12 Guarantee Fund (PT PII) Kuasa PJPK: Recommend the evaluation result of feasibility studies 18 finalization to governor Governor Dispose the decision of the evaluation results of feasibility studies 19 finalization to governor 21 Procurement Committee: Process the procurement of special purpose vehicle (SPV) & prepare document of PPP project cooperation agreement Initiator Candidate: Receive Approval/rejection/or correction letter of feasibility studies 20 document Simpul documenting the process of transacting of PPP project Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 85#865 INVESTMENT INCENTIVE Jakarta Investment Centre Jakarta a city of collaboration#87BKPM INVESTMENT INCENTIVES NEW TAX HOLIDAY POLICY TAX HOLIDAY NO OCH FALL50 2018 500bn Rupiah Income Tax Applied to 18 industry groups 100% Reduction Rate (single rate) Reduction Rate Concession Period 50% CT Reduction for the next 2 yous MINI TAX HOLIDAY Reg No 10012019 Hum of 100 to 500 Rupiah 50% Reduction Rate (single rate) 5 Year Concession Period 25% CT Reduction for the next 2 years INVESTMENT INCENTIVES NEW TAX HOLIDAY POLICY GENERAL CRITERIA 1. The taxpayer (company) is incorporated in Indonesia 2. Pun Debt Equity Raco for income tax purposes as stipulated on Mcf Regulation No. 150/2018 Haseever had its taxholiday application granted or rejetted by the Mcl 4. Oana taxarance certificate (SK) issued by CGT HOW TO APPLY Through OSS 2 Along with taxpayer's application for New Business License (N5 to SKFM 3 Appening within 1 year after the MB 88sued by KPM D www.investindonesingald BILL InvestIDN Indonesia Investment Coordinating Board (BPM) Invest indonesia Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City ✓ TAX 87#88GOVERNOR REGULATION NUMBER 67 OF 2019 CONCERNING IMPLEMENTATION OF TRANSIT ORIENTED ZONES Part Three Regional Typology The Transit Oriented Area Typology consists of City Transit Oriented Area Sub-City Transit Oriented Areas; and Environmental Transit Oriented Areas Sub-City Transit Oriented Areas have characteristics, namely the proportion of space utilization for housing is 30% - 60% and for non- housing is 40% - 70% The City Transit Oriented Area has characteristics, namely the proportion of space utilization for housing is 20% - 60% and for non- housing is 40% - 80% Environmental Transit Oriented Areas have characteristics, namely the proportion of space utilization for housing is 60% - 80% and for non- housing is 20% - 40% Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 88#89INCENTIVE, DISINCENTIVE AND MANAGEMENT OF IMPROVING AREA VALUE People who do not conform to the principles of planning and development of Transit Oriented Areas will be given disincentives in the form of: Imposition of higher Regional Taxes; Limitation of space utilization activities; and / or Limitation of the intensity of space utilization. Government, Regional Government, State and Regional Owned Enterprises that build Affordable Flats can be given flexibility incentives related to the size and intensity as needed. Incentives and Disincentives as referred to in Article 35 and Article 36 are decided at a BKPRD Leadership Meeting. Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City 89#90The Compiler of The Script Supervisor M Muhamad Shiroth Tona Hutauruk Data Collector Andi Nahla Malika Bintang Cahyo Mukti 00 Faridah Muthia Azzahra Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global City Editor Elisabeth R. S. Y. Silitonga Sandra Firda Qonita 90 90#91To Jakarta Investment Centre Jakarta a city of collaboration 8 Licensing & Key Contacts B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA#92Jakarta Investment Centre Key Contact JAYA RAYA B BENNI AGUSCANDRA Head of Department for Investment and Integrated One-Stop Services, Jakarta Government SAHMINAN Deputy Head of Bank Indonesia DKI Jakarta Representative Office#93Jakarta Investment Centre Key Contact JAYA RAYA JAYA RAYA JAYA RAYA TONA HUTAURUK [email protected] Head of Investment Division/ Caretaker Head of Jakarta Investment Centre Division, Department for Investment and Integrated One-Stop Service, Jakarta Capital City Government RYAN PALEMBANGAN [email protected] Sub Coordinator of Investment Climate Develpment, Department for Investment and Integrated One-Stop Services, Jakarta Capital City Government B B BINTANG CAHYO MUKTI [email protected] Caretaker of Administration, Jakarta Investment Centre Division, Department for Investment and Integrated One-Stop Services, Jakarta Capital City Government B MUHAMAD SHIROTH [email protected] Chief Economist Bank Indonesia DKI Jakarta Representative Office ELISABETH R. S. Y. SILITONGA [email protected] Senior Economist Bank Indonesia DKI Jakarta Representative Office SANDRA FIRDA QONITA [email protected] Junior Economist Bank Indonesia DKI Jakarta Representative Office Empowering lakarta's Economy by Attracting More Global Investments to Accelerate lakarta's Transition to be a Global City 93#94JIO Jakarta Investment Centre Empowering Jakarta's Economy by Attracting More Global Investments to Accelerate Jakarta's Transition to be a Global.City + September 2023 Scan this QR Code Below for Presentation Book "Jakarta a city of collaboration A definitive guide on macroeconomic condition, data & information, key contacts and investment projects in DKI Jakarta Province B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA BAYA