#1fic Jakarta Investment Centre jakarta a city of collaboration Invest In Innovation Unlocking The Future DKI Jakarta Presentation Book A definitive guide on macroeconomic condition, data & information key contacts and investment projects in DKI Jakarta Province June 2021 B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA BU#2A City Of Collaboration#3Invest In Innovation Unlocking The Future fic Jakarta Investment Centre "Jakarta a city of collaboration 3 B JAYA HAYA#4FOREWORDS In the last five years, the growth of Jakarta's Gross Domestic Regional Product has been around 4.33% in average, supported by investment and consumption. It is marked by major development of infrastructure, such as MRT, LRT, toll roads, offices and trade centers, hotels, housings, recreation areas and entertainment. 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. Bank Indonesia-Jakarta Representative Office joins in JIC as well as collaborates in promoting Jakarta's potential investment to foreign investors in order to invest in Jakarta. JIC has been regularly publishing presentation book, as one of our program on investment promotion strategy. In this June 2021 edition, it will focus on potential investment at offices, hotels, transportation infrastructure projects, and also green investment projects. With the advantageous location and many benefit aspects, we believe that investment activities in Jakarta Province would be more attractive. Come and Grow with Jakarta, A City of Collaboration Onny Widjanarko Head of Bank Indonesia DKI Jakarta Representative Office Sri Haryati Assistant Secretary for Economy and Finance DKI Jakarta Provincial Goverment#51 4 Main Information Indonesia Economic Performance Indonesia is one of the fastest growing economy in the world. Find how we perform relative to our peers. Potential Project in Jakarta Our very potential projects for you, guaranteed by the Government. 2 5 Why Invest in Jakarta?, There is no better time than now to invest in Jakarta, Capital City of Indonesia. The ASEAN Biggest City for Business & Economy. Licensing in Jakarta & Key Contacts A quick guide on getting business license in Jakarta and who to contact if you want to invest. 3 17 Investment Project in Jakarta Our very investment projects for you, guaranteed by the Government. JIC Facility at Mall Pelayanan Publik (MPP)/ Public Service Mall Investment Service Guideline Invest In Innovation Unlocking The Future 5#6AY Indonesia Economic Performance 1#7Indonesia GDP Growth Strong GDP Growth' %yoy 6.0 4.0 2.0 0.0 -2.0 2.97 -0.74 -2.19 -3.49 II III IV I 2020 2021 8.80 7.40 6.10 4.00 • National economic improvements observed since the third quarter of 2020 have persisted, with data published by BPS-Statistics Indonesia confirming a shallower - 0.74% (yoy) contraction in the first quarter of 2021 compared with -2.19% (yoy) in the fourth quarter of 2020. Domestic economic recovery momentum is building on the back of rapid external sector gains in response to the stronger global economic recovery and ongoing acceleration of fiscal stimuli. • Economic gains in Indonesia have been recorded across nearly all GDP components on the expenditure side and economic sectors. Exports expanded for the first time since the Covid-19 pandemic befell Indonesia primarily driven by demand in Indonesia's main trading partners, namely China and the United States. Meanwhile, positive external sector developments and stronger investment performance edged up import growth. Government consumption accelerated in line with the realisation of fiscal stimuli in the form of procurement, capital spending and social assistance disbursements. Investment is also showing signs of improvement, recording a shallower -0.23% (yoy) contraction compared with -6.15% (yoy) in the previous period. On the other hand, consumption in the household sector and non-profit institutions serving households (NPISH) remains subdued respectively given the mobility restrictions ongoing in several regions. By sector, most economic sectors are seeing improvements, led by Information and Communication. Water Supply as well as Health Services. • 2021 Economic recovery will be strengthen and supported by global economic recovery. fiscal and monetary stimuli, implementation of the vaccination program, coupled with the disciplined application of Covid-19 protocols, and credit and bank financing support. Macroeconomic and financial system stability remains solid. Growth Prospect -4.0 -6.0 2016 ||||||IVI II III IV I 2017 III IV I II III IV I 2018 2019 Favourable GDP Growth Compared to Peers² %yoy 10.00 5.00 0.00 -5.00 Bulgaria -Indonesia Colombia Philippines India -10.00 -15.00 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021" 1. Source: Central Bureau of Statistics of Indonesia (BPS), **Including non-profit household consumption 2. Source: World Economic Outlook Database-October 2020;* indicates estimated figure Institutions 2021 GDP growth (% YoY) 2021 Budget 5.0 Bank Indonesia 4.1-5.1 IMF (WEO, Apr 2021) 4.3 World Bank (Global Economic Prospects, Jan 2021) 4.4 ADB (ADO, Apr 2021) 4.5 Consensus Forecast (Apr 2021) 4.4 Invest In Innovation 7 Unlocking The Future#8Jan-19 Mar-19 May-19 61-Inr Sep-19 Nov-19 Jan-20 Mar-20 Economic Activity Began to Rise With the National Economic Recovery (PEN) Program and New Normal Programs PMI Markit Indonesia 60 Expansion >50 54.6 Total Investment (DDI+FDI) Rp Trillion CCI & Retail Sales 55 130 20.0 230 50 10.0 110 220 45 210 40 Contraction <50 90 200 N 0.0 -10.0 -20.0 35 190 70 -30.0 30 180 27.5 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 25 170 May-20 Jul-20 Sep-20 Nov-20 Trade Balance (Billion USD) Jan-21 Mar-21 4.00 40.00 3.00 30.00 2.00 20.00 12000 10.00 12500 1.00 13000 0.00 13500 0.00 -10.00 14000 -1.00 -20.00 14500 -30.00 15000 -2.00 15500 -40.00 -3.00 16000 -50.00 1 3 5 7 9 11 1 3 5 7 9 11 1 16500 17000 2019 2020 2021 Balance (Billion USD) Export-g (% YoY)-rhs -Import-g (% YoY)-rhs 01-01-2020 Unlocking The Future 8 Source: CEIC, BI, BPS, Bloomberg (as of 30 May 2021) Invest In Innovation 01-05-2020 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2020 The Indonesian Rupiah 01-09-2020 IDR/USD and JCI 01-01-2021 01-05-2021 JCI-rhs 2021 4000.00 7000 2000.00 6500 0.00 -2000.00 6000 -4000.00 5500 -6000.00 5000 -8000.00 4500 -10000.00 4000 01-01-2020 01-02-2020 01-03-2020 01-04-2020 Consumer Confidence Index (CCI) Retail Sales-g (rhs) Net Capital Inflow (Million USD) 01-05-2020 01-06-2020 09-2020 01-07-2020 01-08-2020 01-10-2020 01-11-2020 01-12-2020 01-01-2021 01-02-2021 Equity Flow (Mtd) Bond Flow (Mtd) Total Credit Default Swap-rhs 01-03-2021 01-04-2021 01-05-2021 0 100 200 300 400#930 40 50 Rank 20 2007-2008 2008-2009 2009-2010 Higher rank is better 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018* 2019* Improving Global Perception ...with recent improvements on corruption perception index and governance indicator Global Competitiveness Index' Ease of Doing Business² 0 60 47 36 20 70 145 40 50i 80 60 90 80 Higher rank is better (rankings at the time of annual report publication) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 India Worldwide Governance indicators³ Indonesia Philippines 'New Concepts by using the Global Competitiveness index 4.0 which capture the determinants of long-term growth. 100 120 140 Bulgaria 160 Colombia ―Indonesia 72 73 91 128 Corruption Perception* -India Philippines Bulgaria Colombia 65 55 655 60 46 Higher rank is better 53 44 44 51 42 45 42 38 262 40 35 38 28 40 39 37 25 Higher rank is better 36 15 34 34 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 32 Voice and Accountability Goverment Effectiveness Political Stability/Absence of Violence Regulatory Quality 30 Rule of Law Control of Corruption 2012 2013 2014 2015 2016 2017 2018 2019 2020 ―Indonesia India Philippines Bulgaria Colombia 1. 2. Source: World Economic Forum - The Global Competitiveness Report 2019; Source: World Bank - Doing Business 2020 Report; 3. 4. Source: World Bank - The Worldwide Governance Indicators 2020 Update; Source: Transparency International - Corruption Perceptions Index 2020 Report 9 Invest In Innovation Unlocking The Future#10Indonesia Rating BBB+ BBB BBB- BB+ BB BB- Investment Grade Below Investment Grade Investment Grade Country 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 * Source: Investor Relations Unit of the Republic of Indonesia Invest In Innovation Unlocking The Future 10#11JCR BBB+ / Stable December 2020, 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 flexible exchange rate and monetary policies and accumulation of foreign exchange reserves. Additionally, the government has been maintaining the momentum of economic structural reforms even amid the pandemic, as evidenced by the enactment of the "Omnibus Law Job Creation" on Fitch Ratings BBB / Stable March 2021, Rating Affirmed at BBB/Stable "The affirmation of the rating is underpinned by a favorable medium-term growth outlook and a still low, but rising, government debt burden compared with "BBB" category peers". S&P Global Ratings BBB / Negative April 2021, Rating Affirmed at BBB/Negative "The affirmation reflects Indonesia's solid economic growth prospects and historically judicious policy dynamics. The negative outlook reflects our expectation that Indonesia will face sustained fiscal and external pressures related to the COVID-19 pandemic over the next 12-24months". MOODY'S Baa2/Stable Feb 2020, Rating Affirmed at Baa2/Stable "The affirmation of the ratings is underpinned by a number of credit strengths - including Indonesia's robust and stable growth rates and a low government debt burden, preserved by consistent fiscal discipline and emphasis on macroeconomic stability - as well as persistent credit challenges." R&I BBB+ / Stable April 2021, Rating Affirmed at BBB+/ Stable "In R&I view, Indonesia's economy that plunged in 2020 will likely return to a pre- coronavirus growth level in one to two years. The government's structural reform efforts are also expected to boost growth potential in the medium to long term. Despite the pressure on the fiscal side caused by policy responses, the government debt ratio remains relatively low. The economic resilience to external shocks is maintained thanks to flexible policy responses by the government and the central bank and ample foreign reserves". 11 Invest In Innovation Unlocking The Future#12& FACT DATA The Job Creation Omnibus Law Promotes Employment and Facilitates Opening of New Business While Pursuing the Economic Recovery Toko Kue STO Labour Market Of the total population aged 203.97 million people, there are 14.28 people affected by Covid-19 1. Unemployment due to covid-19 (2,56 million people) 2. Not labor force due to Covid-19 (0.76 million people) 3. Temporarily not working due to Covid-19 (1.77 million people) 4. Work with shorter hours due to Covid-19 (24,03 million people) MSME USAHA BESAR 5,550 Unit USAHA MENENGAH 60,702 unit USAHA KECIL REGULATION Among the 64.19 million MSES, 64.13 million are Micro & Small Businesses, most of which are in the informal sector, so it needs to Complicated licensing issues with abundant central regulations regulations) & local (hyper- that regulate the sector, be causing disharmony, USAHA MAKRO 63,5 Juta Unit encouraged transform into formal. to overlapping, non- operational and 783,132 Unit SUBSTANCE JOB CREATION LAW sectoral. 1. IMPROVING INVESTMENT ECOSYSTEM 2. BUSINESS LICENSING 3. LABOR 4. SUPPORTING MSMES 5. EASE OF DOING BUSINESS 6. RESEARCH & INNOVATION CENTRAL GOVERNMENT INVESTMENT & 7. LAND PROCUREMENT | ɛ 8. ECONOMIC ZONE 9. SPEEDING OF STRATEGIC NATIONAL PROJECT 10. GOVERNMENT ADMINISTRATION 11. IMPOSITION OF SANCTIONS 1 Encouraging Job Creation and Entrepreneurship through Ease of Doing Business from MSES and Large Enterprises Source: Coordinating Ministry for Economic Affairs Invest In Innovation Unlocking The Future 12 BENEFITS 2 3 Protecting Worker's Rights through Worker's Protection Benefits for the General Public, including provision of housing and redistribution of land#13Development of Implementing Regulations for the Job Creation Law 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) ૪૪ 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) Investment (6) 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 . 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 Public Communication Ministries Institutions held intensive socialization in the form of electronic media and leaflets 13 Invest In Innovation Unlocking The Future#14Policies in Smoothing the Economy from the Demand Shocks during COVID-19 Pandemic STABILIZING CONSUMPTION MAINTAINING INVESTMENT FLOWS BOLSTERING TRADE ACTIVITIES • Accelerating and strengthening the social safety net spending for poor and vulnerable groups (e.g. food subsidy, cash transfer, pre- employment card, electricity bills о discount) Expanding the consumption-related stimulus with focus on middle income class (tourism, transport, etc) *Source: Ministry of Finance • Tax incentives • Custom and excise incentives • Relaxing the regulation for credit and financing for MSME businesses • Interest subsidies for MSME loan/financing • Tax incentives • Custom and excise incentives Relaxing the restrictions of exported/ imported goods • Streamlining the administration process of export import for reputable traders Improving and accelerating the National Logistic System Invest In Innovation Unlocking The Future 14#15Why Invest In Jakarta? 2#16Londo Par Access & Geographic Advantage of Jakarta Beijing Souther Koreg Shanghai Tokyo Hongkong Bangkok Kua Lumpu Singapore JAKARTA (Saekamo-Hatta Airport Sydney San Fransisco Los Angeles about about Singapore 2 JAKARTA Bangkok 3 JAKARTA Tokyo 7 about JAKARTA hours hours hours 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 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. Invest In Innovation Unlocking The Future 16#17The Largest Economy in Indonesia Growth in Share Average Growth Province Growth in 2020 (yoy) 2021 (yoy) 2020 (2016-2020) Q1 Q2 Q3 Q4 Q1 DKI Jakarta 17.60% 4.33% 5.04% -8.33% -3.89% -2.14% -1.65% East Java 14.60% 3.93% 2.92% -5.98% -3.61% -2.64% -0.44% West Java 13.20% 3.85% 2.77% -5.91% -4.01% -2.39% -0.83% Central Java 8.50% 3.71% 2.65% -5.91% -3.79% -3.34% -0.87% North Sumatera 5.10% 3.93% 4.25% -2.77% -2.60% -2.94% -1.85% Riau National *Source: Statistics Indonesia (BPS) 4.60% 1.78% 2.11% -3.32% -1.74% -1.47% 0.41% 100.00% 3.76% 2.97% -5.32% -3.49% -2.19% -0.73% Invest In Innovation 17 Unlocking The Future#18Jakarta Economic Outlook %yoy %yoy GDRP Growth Household Consumption and Investment Growth 8.00 7.00 6.00 6.00 5.00 4.00 4.00 2.00 3.00 0.00 2.00 -2.00 1.00 0.00 -4.00 -1.00 -6.00 -2.00 -8.00 -3.00 2015 2017 2015 2016 2017 2018 2019 2020 2021* 2016 Household Consumption 2018 2019 2020 2021* Investment Source: Statistics Indonesia (BPS) *Forecast from Bank Indonesia • Jakarta's economic growth continued to improve in the first quarter of 2021 driven by accelerated government spending and increased household consumption as well as investment activities in line with the decline in COVID-19 cases and the well- running of the vaccination process. Jakarta's economy grew -1,65% (yoy) in the first quarter of 2021, rebounding from a -2,14% (yoy) in the previous quarter. In the mid term outlook, Jakarta's economy is expected to recover in 2021 in line with the recovery of global economy supported by vaccine availability and continued economic stimuli from government in 2021. Jakarta's economic growth will also be driven by major infrastructure projects and consumption. 18 Invest In Innovation Unlocking The Future#19Daily COVID-19 Cases COVID-19 Cases and Vaccination In DKI Jakarta Transition of Large-Scale Social Restriction Transition of Large-Scale Public Activity Social Restriction Restriction Enforcement People 2.500.000 Large-Scale Social Restriction II 2.000.000 4,500 4,000 Large-Scale 3.500 Social Restriction I 3,000 2,500 2,000 1,500 1,000 500 ° March May July 2020 August September October November December January February March April 2021 May * Source: DKI Jakarta Provincial Goverrment 1.500.000 1,000,000 500,000 Total Vaccination 11 13 15 17 19 21 23 25 27 29 31 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 2 4 6 8 10 12 14 16 Mar-21 Apr-21 May-21 -First Dosage * Source: DKI Jakarta Provincial Goverrment Second Dosage Since public activity restriction enforcement, daily COVID-19 cases in Jakarta have shown a downward trend. Vaccination program in Jakarta is well executed with the realization of the Phase 1 has reached more than 2.1 million for dose 1 and more than 1.4 million for dose 2. Invest In Innovation Unlocking The Future: 19#20Domestic Demand and Investment as Source of Growth GDRP Share by Expenditure (Q1 2021) Gross Fixed Capital Formation, 33.95% Non Profit Institution Consumption, 2.00% At current price Source: Statistic Indonesia (BPS) Investment Share in GDRP in the Java Region (Q1 2021) 40% National 31.2% Exports, 56.64% 35% 30% Government Consumption, 25% 12.24% 20% Household Consumption, 15% 62.46% 10% 5% Imports, -67.69% 33.9% 25.2% 30.4% 27.5% 34.7% 30.6% 0% Jakarta West Java Central Java East Java Banten Yogyakarta At current price Source: Statistic Indonesia (BPS) Investment contributes significantly to economic growth and to the overall development of Jakarta, including human development. With its share reaching 33.95%, investment is able to be the engine of Jakarta's sustainable economic growth. Jakarta investment is still higher than national investment ratio. Jakarta has the second highest investment ratio than other provinces in the Java region. 20 Invest In Innovation Unlocking The Future#21GDRP Contribution by Sector Financial Services Services Sector as Source of Growth 0.59 -0.90 Construction -1.03 -0.59 Accommodation and Food & Beverage Other Services Corporate Services Wholesale Retail, Car and Motorcycle Repairs Government Administration, Defense and CSS Electricity and Gas Procurement Transportation and Warehouse Mining and Excavation Agriculture, Livestock, Forestry, and Fisheries Education Services Water Supply -0.78 -0.51 -0.26 -0.38 -0.17 -0.34 -1.07 -0.10 -0.07 -0.04 -0.06 -0.02 -0.19 -0.01 8.83 Processing Industry -0.90 -0.01 0.00 -0.00 -0.04 0.00 -0.00 0.00 Real Estate 0.09 0.05 Health Services and Other Activities 0.47 0.26 Information and Communication 1.29 0.94 -1.50 -1.00 -0.50 0.00 0.50 1.00 1.50 * Source: Statistics Indonesia (BPS) Q4 2020 Q1 2021 Economic growth of Jakarta in the first quarter of 2021 was supported by several sectors, mainly information and communication, health services and real estate. In addition, performance of manufacturing industry sector and retail in Jakarta is better than the previous quarter. Invest In Innovation Unlocking The Future 21#22Large Productive Population The population of Jakarta continuous to increase... ⚫ In 2020, the population in Jakarta was 10.56 million, with the population growth rate of 0,92% per year. . On day time, the population can reach to 11.81 million, due to commuting workers from the outskirts of Jakarta. . The population density was 18.6 thousand/km2, the highest in the country. . The population structure was dominated by productive age, with the majority of 35-39 years old. The Population of Jakarta Province Population Structure by Age (2020) 2020 10.56 65+ 2019 10.56 60-64 2018 10.47 55-59 50-54 2017 10.37 45-49 2016 10.28 40-44 2015 10.18 35-39 2014 10.08 30-34 2013 9.97 25-29 2012 9.86 20-24 15-19 2011 9.75 10-14 2010 9.61 5-9 2000 8.35 0-4 0 5 10 15 600000 400000 200000 0 200000 400000 600000 Male Female *Source: Statistics Indonesia (BPS) 22 Invest In Innovation Unlocking The Future#23Employment Provincial Minimum Wage (IDR Million) 5.00 4.00 3.00 2.00 1.00 2009 2010 2011 2012 2013 2014 Total Manpower Classified by Education Level in 2020 Higher Education (≥ Diploma) 21% Intermediate Education. (Senior High School) 47% *Source: Statistics Indonesia (BPS) DKI Jakarta has variation in educational level of manpower, dominated by male manpower Minimum wage was IDR4,416,187 in 2021 (equivalent to USD310,4)* per month *Bl transaction average exchange rate on Feb 26th, 2020 Elementary Education (S Junior High School) 32% Female 38% Male 62% 23 Invest In Innovation Unlocking The Future#24W an Advantage Like No Other M An Ever Growing Economy 0 High investment 0 Higher growth capacity Improving business & living environment for foreign company & expatriate Structural reform: PM-PTSP (Investment and Integrated One-Stop Licensing Service). governance improvement Invest In Innovation Unlocking The Future 24 0 0 Huge and Sophisticated Market Large population High income per capita • More educated employee (Qualified human capital) 0 Growing number of expatriate • One stop learning services 0000 醜 M Business Friendly Infrastructure • Good transportation о facilities: BRT, MRT, LRT, Toll Road, airport, harbor Huge electrical capacity • Communication network (large & fast)#25Transportation Infrastructure Infrastructure Development To Support Growth 元 6 Toll Road 亣 6 Toll Road 1. MRT JAKARTA Capex 39 Trillion IDR (phase 1 & 2) Progress: In operation (phase 1) & construction (phase 2) Operation Target of Phase 2: 2026 2. LRT JABODEBEK Capex 29,9 Trillion IDR Progress: 71,61% (April 17th 2020) Operation Target: 2021 3. LRT JAKARTA CORRIDOR 1 (PHASE 1) Capex 7,5 Trillion IDR : In operation since December 1st 2019 4. AIRPORT TRAIN Capex 2,4 Trillion IDR Progress: In operation since 17th September 2017 1. SEMANAN - SUNTER Capex 11.06 Trillion IDR Progress: N/A Operation Target: 2021 (Semanan Grogol) & 2022 (Grogol-Kelapa Gading) 2. SUNTER - PULO GEBANG Capex 4,9 Trillion IDR Progress: 53,41% (October 6th 2019 for Kelapa Gading -Pulo Gebang rute) Operation Target: 2020 3. DURI PULO - KP. MELAYU Capex 8,17 Trillion IDR Progress: N/A Operation Target: 2023 4. KEMAYORAN KP. MELAYU Capex 4,93 Trillion IDR Progress: N/A Operation Target: 2024 5. ULUJAMI - TN.ABANG Capex : 6,11 Trillion IDR Progress N/A Operation Target: 2023 6. PS. MINGGU CASABLANCA Capex : 5,99 Trillion IDR Progress N/A Operation Target: 2024 Port NEW PRIOK PORT Capex: 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) Invest In Innovation Unlocking The Future: 25#26Communication Network Household Internet Access (%) Province 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 DKI Jakarta 74.32 76.96 85.7 89.04 93.33 76.93 75.78 76.99 76.16 78.42 East Kalimantan 55.03 62.68 69.06 78.98 84.17 74.43 74.47 74.3 76.36 76.88 Riau Islands 60.53 65.86 73.33 78.41 87.96 74.17 73.77 73.35 74.11 76.39 North Kalimantan 47.63 58.32 65.68 75.71 80.72 67.48 68.72 68.62 73.99 74.32 Bali 53.64 60.65 67.1 74.15 79.59 63.77 65.19 66.24 67.99 69.61 Yogyakarta 61.18 65.36 71.71 79.1 83.68 64.79 64.57 65.73 68.32 67.66 INDONESIA 41.98 47.22 57.33 66.22 73.75 56.92 58.3 59.59 62.41 63.53 * Source: Statistics Indonesia (BPS) 26 Invest In Innovation Unlocking The Future#27Electricity Support Resource 100% Electrification Ratio (%) 100% 100% Installed Power (MVA) 21,866 20,872 19,880 2019 2020* 2021* 2019 2020* 2021* Estimated 2021* 2020* Number of Customer (Million) 2019 4.62 4.85 Sales Trend(TWh) 41.27 41.33 5.09 34.10 31.29 32.78 28.07 2015 2016 2017 2018 2019 2020 *Source: PT. PLN 27 Invest In Innovation Unlocking The Future#283 I Investment Projects In DKI Jakarta SAVE#29MRT Jakarta Phase II B (North-South Line) Background Project Phase II of MRT Jakarta is divided into 2, phase II A (Bundaran HI-Jakarta Kota) is currently ongoing and will be followed by phase II B (Jakarta Kota- Ancol). Phase II B contains 3 additional stations and 1 MRT depo facility in Ancol Barat. The route will connect some of Jakarta's iconic places such as Ancol, Kota Tua (Old city) of Jakarta and Mangga Dua shopping center. Furthermore, the depo facility will be the second depo after the first depo was built in Lebak Bulus (phase I). Following the completion of phase II. MRT Jakarta will serve as integrated public transport system that connect the northern and southern part of Jakarta. Engagement Contact Depo location ANCOL BARAT Ancol Baigt 5,2 km Mulai elevated Ancol ° Mangga Dua Stasiun Kota MR Fase 2 Du Gunung Sahari O Tarno Stasiun Glodok MRT Fase 2 0 : Potensi Tambahan Stasiun Financial Plan Project Owner Total Investment IRR Payback Period Mr. Nicodemus Winata Size Land Division Head of Business Expansion Division Email: [email protected] Status PT MRT JAKARTA 1 The Mye Spring Hill Swing Pool O USD 313 million (phase 2B) USD 110 million (MRT depo) Will be informed during the one-on-one session Will be informed during the one-on-one session 32 hectares Feasibility study is available 29 Invest In Innovation Unlocking The Future#30SIMULASI DESAIN ANCOL BARAT VOLUMETRIC STUDY stabling yard control station PEDESTRIAN BRIDGE station workshop DEPO MRT & TOD OFFICE COMPLEX mrt management office 67% GFA 23% COMMERCIAL 694.270 sqm RESIDENSIAL 468.370 sqm 159.000 sqm 3% PUBLIC AMENITIES 7% MRT SERVICE Disclaimer Gambar simulasi konseptual berikut tidak merepresentasikan update terakhir dengan contract package terbaru di lapangan#31MRT Jakarta Phase III (East-West line) Background Project The East-West Line will connect Eastern and Western Jakarta part, as well as several areas of West Java province. Nonetheless, the Phase III A of MRT Jakarta will only focus on the Jakarta area only, from Kalideres, West Jakarta to Ujung Menteng, East Jakarta. The construction period for Phase III A will be divided into two stages; stage-1 will cover the Kalideres-Cempaka Baru route (20.1 km) and stage-2 will cover the Cempaka Baru-Ujung Menteng route (11.6 km). Elevated Fase 1 (Inner Jakarta) = 31,7 km Stage 2 (11,6 km) Stage 1 (20,1 km) Underground Proposed route of phase III, based on feasibility study (2013) Financial Plan Elevated Engagement Contact Mr. Nicodemus Winata Division Head of Business Expansion Division Email: [email protected] Project Owner PT MRT JAKARTA USD 3.74 billion Total Investment IRR Payback Period Construction Land Status Stage-1: USD 2.55 billion Stage-2: USD 1.39 billion Will be informed during the one-on-one session Will be informed during the one-on-one session Stage-1: 20.1 km (9 km underground, 11.1 km elevated track) Stage-2: 11,6 km elevated track Feasibility study is available 31 Invest In Innovation Unlocking The Future#32MRT Jakarta East West Line (Phase IV) Fatmawati to Taman Mini Indonesia Indah (TMII) Background Project PT MRT Jakarta is provincially owned corporation under DKI Jakarta Province. It started operation of phase 1 North-South in March 2019. In 2020, it will start phase 2 North-South that will start operating in 2024. One potential future project is the east-west line (Fatmawati-TMII). It connects the Fatmawati station (included in MRT phase I) to Taman Mini area in East Jakarta through the TB Simatupang road, which is the main business area in South Jakarta. This East-West extended line will be constructed from Fatmawati to TMII. This line will connect to the new business district in South Jakarta as well as to the line to Bogor and Depok area. Engagement Contact Mr. Nicodemus Winata Division Head of Business Expansion Division Email: [email protected] Lebak Bulus LEGEND OSCHOOL OPLACE Fatmawati 000 ser duny Tor Pondok Ang-TMO O Financial Plan A. Raya Ps. Minggu USD 1,04 billion 12,78% Project Loan term 40 years Economic IRR Payback Period Construction Pland Capital Structure OTM 3. Rays O 0 Tamar Mini Will be informed during the one-on-one session 10,6 Km 100% equity annual subsidies Status FS is being prepared Invest In Innovation Unlocking The Future 32#33Intermediate Treatment Facility Jakarta Phase 2, 3 & 4 Background Project Based on Governor Regulation No. 33/2018 and GR. No. 65/2019, DKI Jakarta Government has mandated JAKPRO to Build and Operate of total 4 (four) Intermediate Treatment Facility (ITF). JAKPRO has established PT Jakarta Solusi Lestari as the Special Purpose Company to Build and Operate the 1st ITF Sunter WtE to process 2.200 tons per day and produce 35 MWh of electricity. The other 3 (three) ITF are in the pre-development stages. The facilities will manage and process around 6.500 tons municipal waste per day. The pre-Feasibility Study and Outlined Business Case aimed to be completed in July 2020 and to be followed by Strategic Partners Selection in August 2020. Engagement Contact Mr. R. Aditya Bakti Laksana ITF Project Director Tel. +62 21 2962 5700 Fax. +62 21 2962 5708 Email: [email protected] Jakarta Waste to Energy Financial Plan Project Owner PT JAKARTA PROPERTINDO (PERSERODA) Total Investment Estimated USD 900 million (3 projects ITF 2, 3 & 4) Business Scheme BOT/BOO up to 30 Years IRR Will be informed during the one-on-one session Location Status East Jakarta (2.200 tons/day capacity) West Jakarta (2.400 tons/day capacity) South Jakarta (2.000 tons/day capacity) Pre-Feasibility Study Outlined Business Case 33 Invest In Innovation Unlocking The Future#34Background Project Location of JIEP Plot 4. near the main entrance of JIEP area New masterplan of JIEP, determined as the center primary activities city in east jakarta, which is fully supported by the government of Indonesia and jakarta provincial government the first integrated estate with a land area of ±+500 hectares. Mid-class condominiums, serviced condominium, rent apartments, malls and shopping center, hotels, and offices tower JIEP is located next to the Kelapa Gading and Pulomas area as a business, commercial and residential area, and also accessible to the growing transport system of BRT, LRT and MRT. Engagement Contact Zulfikar Aditya Chandra Div. Head Marketing & Business Development +6281-111-9919 Email: [email protected] Invest In Innovation Unlocking The Future 34 JIEP Plot 4 Condominium, Office Towers, Hotel, Mall Financial Plan Project Owner PT JIEP Total Investment IRR USD 146 million 19,53%/year Payback Period 7 years Status FS available, construction plan begin from 2022-2030 Condo (2 tower) Project Size Hotel 56.118 sqm 4.757 sqm Office (3 tower) 64.176 sqm Mall 13.900 sqm#35AV Potential Investment Project On DKI Jakarta 4#36NUANSA Pulo Gebang This project has been reviewed and curated by the committee of Jakarta Investment Forum 2020 Background Project The project is located on a strategic area in East Jakarta within 500m from toll road and 2 km from inter city bus terminal. The first ground breaking is expected to be rolled out in the end of 2020. The development area is located on around 4.1 hectares with property development consisting of low and middle class apartments, and supporting retail. SOP IGA PASIHA JAYA Financial Plan Engagement Contact Bima P. Santosa (CFO) Project Owner Perumda Pembangunan Sarana Jaya Total Investment Email: [email protected] IRR Payback Period Status USD47,189,637 in Equity Investment (30% of Project Cost) 17,84%/year 6 years and 2 months Feasibility study available 36 Invest In Innovation Unlocking The Future#37Tanah Abang Logistic Center This project has been reviewed and curated by the committee of Jakarta Investment Forum 2020 Background Project Tanah Abang is one of the largest wholesale and retail commerce area located in the Central Jakarta. The costumers come from across Indonesia and even neighboring countries. Tanah Abang area is close to business district and supporting transportation system including bus and rail station. The Logistics center focused on consumer durables. The plan is to capitalize on the rapidly growing e-commerce industry in Indonesia. Engagement Contact Financial Plan Bima P. Santosa (CFO) Email: [email protected] Invest In Innovation Unlocking The Future 37 Project Owner Perumda Pembangunan Sarana Jayat Total Investment IRR Capacity USD47,189,637 in Equity Investment Will be informed during the one-on-one session 133,360 m²#38Transit Oriented Development Background Project Jakpro are developing three TODS which are: TOD Pegangsaan Dua: The TOD will be built above the LRT depot in Kelapa Gading area. It will be the new commercial and urban residential center in North Jakarta with an ease of commute. TOD Pulomas City; Designed as the new hub for office and commercial area in East Jakarta. It will also contain several entertainment facilities such as restaurant. theater, convention hall and concert hall. The TOD's size is 25 ha in which 18.5 ha is owned by PT Pulo Mas Jaya. The site plan is explained as follow: 7 hectares of commercial area, 9 hectares of wet land & 9 hectares of reforestation TOD Ancol Barat; This area has the potential to be the next TOD as the MRT will reach Ancol area and its depo is planned to be built in the same area. Engagement Contact Mr. Sigit Sanjaya Senior Manager Business Development Email: [email protected] Mr. Wihliam Manager Corporate Planning Email: [email protected] TOD Pulomas City VISIONING KAWASAN TOD STASIUN LRT PULOMAS VISIONING KAWASAN TOD STASIUN RI PULOMAS Financial Plan Project Owner Total Investment IRR TOD Pegangsaan Dua Payback Period PT Jakarta Propertindo (PERSERODA) Will be informed during the one-on-one session Will be informed during the one-on-one session Will be informed during the one-on-one session 38 Invest In Innovation Unlocking The Future#39PROJECT LRT PHASE 2A & 2B PROJECT LRT PHASE 2A & 2B (Part of LRT Jakarta Loop Line) Background Project PT Jakarta Propertindo (Perseroda) was appointed by the Governor of DKI Jakarta to be responsible for the construction and implementation of LRT Jakarta infrastructure This development program has 7 corridors with a total length of 143 km and approximately 100. stations within the Jakarta area. Phase 2 of LRT Jakarta construction will be divided into 2 phases. Phase 2 A from Kelapa Gading to JIS and Phase 2 B from Velodrome to Manggarai LRT Corridor 1 Phase 2 A is scheduled to operate in 2024. While phase 2 B will operate in 2025 with a total budget estimated for Infrastructure and Facilities (Including Rolling Stock) at 15.78 trillion rupiah. Engagement Contact Mr. Iwan Takwin Project Director Email: [email protected] Mr. Wihliam Manager Corporate Planning Phase 28 Phase 2A Phase 1 Gelangg Staske Sure T Starker Auto Phase 2A (8.1 km) Phase 2B (6.4 km) Financial Plan PT Jakarta Propertindo (PERSERODA) IDR 15,78 trillion 20,87% (Phase I, 2, and 3) 13 years and seven months (Phase 1, 2, and 3) Project Owner Email: [email protected] Total Investment IRR Payback Period Invest In Innovation Unlocking The Future 39#405 SAVE Licensing and Key Contacts#41Jakarta Investment Centre Key Contact BACON JAYA RAYA B BENNI AGUSCANDRA Head of Investment and Integrated One-Stop Service Department SUHARMAN TABRANI Deputy Head of Bank Indonesia DKI Jakarta Representative Office 41 Invest In Innovation Unlocking The Future#42TO Jakarta Investment Centre Key Contact JAYA BAYA JAYA RAYA BUDYA PRYANTO PUTRA RYAN PALEMBANGAN RATIH PRIMADIAN JAYA RAYA Caretaker Head of Jakarta Investment Centre Division, Department for Investment and Integrated One-Stop Services, Jakarta Capital City Government Caretaker Head of Jakarta Investment Centre Division, Department for Investment and Integrated One-Stop Services, Jakarta Capital City Government Head of Administration, Jakarta Investment Centre Division, Department for Investment and Integrated One-Stop Services, Jakarta Capital City Government Invest In Innovation Unlocking The Future 42#43Jakarta Investment Centre Key Contact B B DONNI F. ANUGRAH M. CAHYANINGTYAS EKA VITALOKA BB SHOFI AULIA R. == B Chief Economist Bank Indonesia DKI Jakarta Representative Office Senior Economist Bank Indonesia DKI Jakarta Representative Office Economist Bank Indonesia DKI Jakarta Representative Office Junior Economist Bank Indonesia DKI Jakarta Representative Office Invest In Innovation 43 Unlocking The Future#446 Jakarta Investment Centre Features VAV#45Jakarta Investment Centre 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. 160/2019 regarding the organization and working procedure of One Stop Integrated Service and Investment Service, JIC's functions include organizing promotional research, promotional service, facilitating of investment/investor and also regional investment partnership. Jakarta is currently focused on city infrastructure development project, called as Jakarta City Regeneration', which covers the renewal of paradigm, physical appearance and social- cultural value.DKI Jakarta is transforming itself to be a 4.0 city. where the society is becoming the co-creator and the government take a role as a collaborator. Jakarta City of Collaboration 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. Furthermore, JIC also develops investment tool called as 'JVC4B' (Jakarta Virtual Consultant For Business) which it has several functions as facilitating investors with first-hand assistance in investment business. 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. One of the projects are Jakarta Sewerage System (JSS) which also categorized as national priority projects. The JSS consists of 8 zones with zone 1 is already operating and zone 8 currently under in-depth study to be offered under PPP regional scheme (KPDBU). Moreover, JIC is also overseeing the Light Rapid Transit (LRT) project with the route of Pulogadung (East Jakarta) to Kebayoran Lama (South Jakarta) area. the Jakarta Investment Centre 45 Invest In Innovation Unlocking The Future#46Teleconference 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. Invest In Innovation Unlocking The Future 46 JIC Facility Investment Command and Data Centre 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.#47JIC Facility Qualified Consultant Counselling Corner 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. 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. Here in JIC we use teleconference room to facilitate communication with international agencies, government stakeholders and strategic partners in order to optimize investment development. 47 Invest In Innovation Unlocking The Future#48Amphitheater 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! Invest In Innovation Unlocking The Future 48 JIC Facility 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.#49JIC Website Main goals of JIC Website 1. Gateway of information for potential investors 2. Provides investment opportunity in DKI Jakarta 3. Market feature: Promotional platform where project owners are able to promote their investment opportunity to the potential investors 4. Supporting feature: facilitating investors' request through email, telephone call and and follow up for other investment enquiries 5. Business feature: providing information regarding investment opportunity 6. Community feature; establishing forum and community between investors Logo JIC Navigasi Smart City Smart Investm Tema Investasi Bilingual Search Engine Social media share Account berbayar (pengembangan lebih lanjut) COME AND GROW WITH JAKARTA Gimmick Chat Box COVID-19 Digital Library Berita Terbaru Seputar Jakarta Media Release Geographical Information System feature inside the website Public Private Partnerships 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. Link Detail Project INVESTMENT PROJECTS Humanitarian natives Upcoming Project Investment Commercial Investment Project Project Focus 49 Invest In Innovation Unlocking The Future#50JVCforb JVC4B Jakarta Virtual Consultant 4 Business JVCfor Jakarta Virtual Consultant For Business 000 080 80 000 JVC4B is a system designed by JIC which serves as an investment information centre in DKI Jakarta whereas potential investors are able to seamlessly find investment-related data, information, procedure and media. The main goal of JVC4B is providing the needed information for investors to facilitate their investment process as well as to improve investor's willingness to invest in DKI Jakarta. Main features of JVC4B are; • Provides information on registered potential asset or business opportunity in DKI Jakarta. • Provides permit guidance in DKI Jakarta. • Platform for project owners to register their asset and permit in DKI Jakarta. • Show real picture of asset location and business activity through google street view feature that is integrated with the JVC4B system. JVC4B system is expected to be able to provide comprehensive information including asset, land value, and regional economic outlook. The target is delivering professional advice to the potential investors regarding comparative advantage of investment in one location compared to other locations. This information is critical for investors to develop broader understanding of expected return and the benefit in specific investment project. Expected output of JVC4B •Ability to provide a map of business activity distribution in DKI Jakarta • Ability to provide big-scale investment project in DKI Jakarta (such as TOD, LRT, etc.) Ability to map potential location for investment in DKI Jakarta • Al-based decision support system feature which can help the potential investor's decision making process based on data. Invest In Innovation Unlocking The Future 50#51JCtorb JVC4B Jakarta Virtual Consultant 4 Business Investor looking for potential investment project in DKI Jakarta Strategic Role of JVC4B in improving DKI Jakarta's investment; 1. JVC4B promotes potential investment project in DKI Jakarta 2. Big data for improving investor's decision making process 3. Supporting the investor to obtain required permits and licenses Investment Realization in DKI Jakarta Nowb Jakarta Virtual Consultant For Business 51 Invest In Innovation Unlocking The Future#527 Investment Service Guideline SAV#53RI dull CENTRAL GOVERNMENT SERVICE#54New Mechanism New Mechanism How to Obtain Business License source: BKPM Investor Notary Nomor Induk Berusahal (NIB)/Single Business Number New Mechanism Issuance of License Establishing Company Business License Self Declarating Commitments OSS System Ministry of Law- AHU ONLINE Business Registration "OSS" Commercial/Operational License Post Audit Self Declarating Commitments 'One' Format for Business License Application Fulfillment of Requirements & Commitment Business License is Published by OSS (not effective yet) Commercial/Operational License are published by OSS (not effective yet) Apply to related sectoral Government Ministries/Institutions or Regional Gov. Invest In Innovation Unlocking The Future 54 Approval for Business License requirements Commercial/ Operational License Post Audit by Gov. Institution & Regional Gov.#55BKPM 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/) 55 Invest In Innovation Unlocking The Future#56KEMKOMINFO 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) Invest In Innovation Unlocking The Future 56#57KEMENTERIAN KEUANGAN REPUBLIK INDONESIA nsw TRANSPARENCY CONSISTENCY EFFICIENCY INDONESIA NATIONAL SINGLE 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 processcan be monitored by. (https://www.insw.go.id/) KEMENTERIAN AGRARIA DAN TATA RUANG BADAN PERTANAHAN T NASIONAL 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. 57 Invest In Innovation Unlocking The Future#58WHERE (WHATSECTOR) OMNIBUSLAW? Invest In Innovation Unlocking The Future 58#59DKI 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; The arrangement of Small Medium Business Trade (SIUP) with a Company Registration Certificate (TDP) at the District PMPTSP Management Unit for 0.5 days after the document is declared complete and processed online through the Online Single Submission system. 59 Invest In Innovation Unlocking The Future#60Dealing 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 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) 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 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. Invest In Innovation Unlocking The Future 60#61OMNIBUS LAW REFORM source: https://kemenaker.go.id Omnibus Law (RUU) Investment Business Licensing (80 Articles) Land Permit (19 Articles) Government Investment & National Strategic Projects (19 Articles) Small Medium Enterprises and Cooperative (15 Articles) Ease of Doing Business (11 Articles) Employment (5 Articles) Economic Area (4 Articles) Supervision and Sanction(3 Pasal) Research and Innovation(1 Pasal) Economic Transformation FUNDAMENTAL PROBLEM REGULATORY OBESITY Number of Central & Regional Regulations 43.604 Competitiveness The business ecosystem is less conducive Inefficient Bureaucracy High Cost Economy Workforce The business ecosystem is less conducive Inefficient Bureaucracy High Cost Economy Licensing & Ease of Doing Business 000 licensing approach Complicated and Overlapping Starting and running a business is not easy Small Medium Enterprises and Cooperative Licensing is complicated Many do not have a legal entity Less protection and facilities National Economy Growth Equity Resistance Competitiveness Indonesia Maju 2045 World's Top 5 Economies Out from the Middle income trap GDP USD 7.4Trilliun Poverty Rate 0% Quality Workforce 61 Invest In Innovation Unlocking The Future#620428 ONE STOP INTEGRATED AND INVESTMENT SERVICE DPM PINTAL JAYA RAYA PTSP#63One 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 Jakarta Investment Center (JIC) Jakarta Investment Center (JIC) is one of the innovations from DPMPTSP to optimize Public Service Malls by presenting service innovations in the investment sector through a one-stop system. This innovation aims to increase investment in DKI Jakarta for both PMA and PMDN as well as creating a conducive investment climate. 63 Invest In Innovation Unlocking The Future#64JIC and RIRU Function Regional Investor Relation Unit (RIRU) 1 Strategic partnership 2. Advisory Role 3. Providing information & assessment on potential investment 4. Investment promotion and trade cooperation 5. Capacity development JIC as RIRU Functions • Policy advisor • Strategic investment partner • Research and information centre for investment development opportunities • Trade, investment and partner ship promotion. • Capacity and development Invest In Innovation Unlocking The Future 64#65PUBLIC 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 INFORMATION Kios Bantuan 1500164 PELAYANAN JAKARTA.000 <C1500 164 PELAYANAN JAKARTA.00.10 f PELAYANANJAKARTA BLAYANAN DINAS PENANAMAN MODAL DAN PELAYANAN TERPADU SA DINAS PENAN 65 Invest In Innovation Unlocking The Future#66dull SERVICES OWNED BY ONE STOP INTEGRATED AND INVESTMENT SERVICE OF DKI JAKARTA#67ONLINE SINGLE SUBMISSION https://oss.go.id/portal/ JAK EVC https://jakevo.jakarta.go.id/ Invest In Innovation 67 Unlocking The Future#68AJIB Antar Jemput tzin Bermotor SHUTTLE MOTORCYCLE PERMITS (AJIB) 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 / SiKopi 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. 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. Invest In Innovation Unlocking The Future 68#6904 PUBLIC PRIVATE PARTNERSHIP (PPP) COOPERATION#70Government 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. Solicited KPBU is a project initiated by the government Unsolicited KPBU is a project on the initiative of a Business Entity Invest In Innovation Unlocking The Future 70#71Build Own Operate (BOO) 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 (BDO) The private sector rents / buy facilities from the government, expands, modernizes and then operates them on a contract basis. Build Lease Transfer (BLT) Owner of a facility seems to be renting out a newly built facility for a certain periode 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 (BBO) 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 (LDO) The private sector leases facilities from the government, expands, modernizes then operates it based on a contract 71 Invest In Innovation Unlocking The Future#72Wrap 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 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 Lease Operate Transfer (BOT) 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 Build Transfer Lease (BTL) Private sector builds infrastructure on government land. The infrastructure built belong to the government Invest In Innovation Unlocking The Future 72#73PPP Procedure Summary (Solicited) 1 PPP Procedure Summary (Solicited) SKPD: Prepare preliminary study + public discussion 2 Bappeda & BPKD: Evaluate preliminary study + evaluate public discussion result ---- Planning Stage ---- - Preparation Stage ---- 3 PPP Node: Recommend to follow-up the PPP Project plan (Attach Perbal Kepgub about project arrangement, team establishment, PJPK delegation Kuasa PJPK/PJPK: Aprrove and sign the letter of A1 & A2 and sign the letter of B1 with the Perbal Transaction Stage---- Procurement Committee: procurement of Special Purpose Vehicle (SPV) and prepare PPP project cooperation agreement document 11 5 PPP Node: Arrange Perbal of Announcement Letter to DPRD and Bappenas Governor: 4 6 Signing the Announcement Letter of PPP Project Governor: Approve/reject PPP project plan (process through recommendation letter and Perbal Kebgub 9 10 PPP Team: Prepare and process Perbal of Proposal Letter (A1), project location arrangement (A2), procurement committee establishment (B1), government support and/or guarantee proposal ("if needed) PPP Project Team: Finalize the Pre Feasibility 7 Bappenas & DPRD: Receive notifivation of plans for the PPP Project Kuasa PJPK: Approve Pre Feasibility Studies (including the result of public discussion and exploration of market interest) 18 17 Kuasa PJPK: Approve procurement document 19 Kuasa PJPK and Special Purpose Vehicle (SPV): Sign the project cooperation aggrement Procurement Committee: Execute exploration of market interest and prepare procurement 16 13 Studies and prepare & process Perbal of technical economic 15 and financial statement Contracting Agency: Sign Kepgub of PPP Project Location document 20 Special Purpose Vehicle (SPV): Fulfill the project financing (output: project financing document 8 PPP Project Team: Prepare Pre Feasibility Studies Kuasa PJPK: Sign the Statement Letter of 12 technically, economically, and financially feasible project 14 PPP Team: Prepare Perbal of project location arrangement *Simpul documenting the process of planning, preparing and transacting of PPP project 21 Kuasa PJPK: Ensure PPP Project implementation management in accordance with the cooperation 73 Invest In Innovation Unlocking The Future#74PPP Procedure Summary (Unsolicited) PPP Procedure Summary (Unsolicited) 1 Initiator Candidates: 10 Prepare and submit Statement of Intent and pre Feasibility Study document 4 2 Governor: Disposing the Letter PPP Node: Research 3 and assess the administrative letter & document completeness 5 9 PPP Team: Evaluate and assess preliminary study document; prepare Perbal of document Approval/rejection/or correction; prepare Perbal of Kepgub about the Establishment of Procurement committee and Perbal of Government Guarantee Letter (if needed) If approved the initiator candidate prepare and submit the Feasibility studies and Pre Qualification document and Procurement Plan to Kuasa PJPK Governor: Approve the follow-up recommendation and validate Kuasa PJPK's proposal and the establishment of PPP team PPP Team: Assess the pre feasibility studies and the qualification of the initiator candidate 8 Governor: Sign and send the letter of approval or rejection 14 Governor: 6 7 Kuasa PJPK: Approve the results of the assessment of Pre-Feasibility studies and qualification of initiator Receive and dispose a reply letter from IGF to Kuasa PJPK PPP Node: Prepare the Perbal of approval or rejection letter 15 Kuasa PJPK: Forward the disposition of the Government Guarantee reply letter to initiator candidate 11 (20 Kuasa PJPK: Sign the proposal er of government guarantee letter Initiator Candidate: Receive Approval/rejection/or correction letter of feasibility studies document 12 Governer: Sign the Perbal and send it to Infrastructure Guarantee Fund (PT PII) 19 Governor: Dispose the decision of the evaluation results of feasibility studies finalization to governor Infrastructure 13 Guarantee Fund: Receive and reply to the government guarantee proposal letter 18 Kuasa PJPK: Recommend the evaluation results of feasibility studies finalization to governor 17 PPP Team: Evaluate the feasibility studies document 21 16 Initiator Candidate: Finalize the feasibility studies Procurement Committee: Process the procurement of special purpose vehicle (SPV) and prepare document of PPP project cooperation agreement 22 Kuasa PJPK: Establish special purpose vehicle (SPV) +sign PPP project cooperation agreement 23 Special Purpose Vehicle (SPV): Obtain project financing compliance *Simpul documenting the process of transacting of PPP project 24 Kuasa PJPK: Ensure the management of project implementation in accordance with the aggreement Invest In Innovation Unlocking The Future 74#7505 INVESTMENT INCENTIVE#76INVESTMENT INCENTIVES NEW TAX HOLIDAY BKPM Invest In Innovation Unlocking The Future 76 INVESTMENT INCENTIVES NEW TAX HOLIDAY POLICY TAX HOLIDAY MoF Regulation No. 150 of 2018 Minimum investment of 500bn Rupiah Income Tax Applied to 18 industry groups Reduction Rate Concession Period 100% Reduction Rate (singlerate) 5. Lan 200m Monum C8 32 50% CT Reduction for the next 2 years MINI TAX HOLIDAY Mof Regulation No. 150 of 2018 Minimum investment of 100 to <500bn Rupiah 50% Reduction Rate 5 (single rate) Year Concession Period 25% CIT Reduction for the next 2 years GENERAL CRITERIA 1. The taxpayer (company) is incorporated in Indonesia POLICY 2. Fulfill Debt Equity Ratio for income tax purposes as stipulated on MoF Regulation No. 150/2018 3. Has never had its tax holiday application granted or rejected by the Mof 4. Obtain a tax clearance certificate (SKF) issued by DGT HOW TO APPLY 1. Through OSS 2. Along with taxpayer's application for New Business License (NIB) to BKPM 3. Applying within 1 year after the NIB is issued by BKPM www.investindonesia.go.id InvestiDN in Indonesia Investment Coordinating Board (BKPM) Invest Indonesia#77GOVERNOR 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% 77 Invest In Innovation Unlocking The Future#78Incentive, disinsentive 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. AIXAW metrotrans SMART Mobility for Smart City Invest In Innovation Unlocking The Future 78 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.#79The Compiler of The Script Supervisor • Donni Fajar Anugrah • Budya Pryanto Putra M.Fajar Santoso Editor M. Cahyaningtyas • Eka Vitaloka • Elisabet R.S.Y. Silitonga • Shofi Aulia Riza Ratih Primadian Data Collector • Shofi Aulia Riza • Aninditha Kemala D • Fahreza Daniswara • Aditya Wibisono Elvina Tappang Photo and Design • Harry Jayalaksana Ario Priambudi • Nio Denis Fahreza Daniswara ย Invest In Innovation 79 Unlocking The Future#80fic Jakarta Investment Centre VAVA Invest In Innovation Unlocking The Future June 2021 B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA jakarta a city of collaboration