Why Invest in Jakarta?

Jakarta Economic Outlook ww Household Consumption and Investment Growth %yoy %yoy 8.00 8.00 GDRP Growth 6.00 6.00 4.00 2.00 4.00 0.00 2.00 -2.00 0.00 -4.00 -2.00 -6.00 -8.00 -4.00 2015 2016 2017 2018 2019 2020 2021* 2015 Source: Statistics Indonesia (BPS) *Forecast from Bank Indonesia • 2017 2018 2019 2020 2021* Investment 2016 Household Consumption Jakarta economic growth also improved in the fourth quarter of 2020 in response to increasing realisation of government stimuli along with early signs of greater public mobility due to the easing of large-scale social restrictions (PSBB) policy. Jakarta's economy grew -2,14% (yoy) in the fourth quarter of 2020, rebounding from a -3,89% (yoy) in the previous quarter. • For the whole year of 2020, COVID-19 pandemic leads the slowing down of Jakarta's economic growth, mainly from household consumption and infrastructure investment. • 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. Green Investment Energy 16

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