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Jakarta Towards a Global City, Dubai Could Be a Reference

by Redaksi Asiatoday
December 6, 2023
in Business
Reading Time: 2 mins read
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Jakarta Towards a Global City, Dubai Could Be a Reference

MRT facilities in Jakarta. Doc

ASIATODAY.ID, JAKARTA – Jakarta’s desire to become a Global City has been enthusiastically welcomed by many parties. However, to achieve that, Jakarta needs to learn from business cities in the world, one of which is Dubai, United Arab Emirates.

According to the Head of the Bank Indonesia Institute (BI), Yoga Affandi, Dubai is able to attract investment and this is balanced by absorbing quality labor.

“How can Dubai receive so much capital but at the same time talent, this is what Jakarta must do. “This is our homework for the future, especially for Jakarta,” said Yoga at the 2024 Jakarta Outlook Seminar at the Bank Indonesia Representative Office, Jakarta, Wednesday, December 6 2023.

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According to him, Jakarta is a barometer for Indonesia, where Jakarta’s gross regional domestic product (GRDP) economy contributes 16.27%.

Referring to Kearney Global City Index 2023 data, Jakarta is in 74th position out of 156 cities. This position has dropped 5 places from 2022. It is slightly different from neighboring Kuala Lumpur in 72nd position, but far from Singapore which is in 7th place.

Assistant for Economics and Finance at the Regional Secretariat of the DKI Jakarta Provincial Government, Sri Haryati, does not deny that Jakarta’s position as a global city is still quite far away. For this, we need help from various parties.

“It’s still very far away. “To raise Jakarta’s ranking, it cannot be done by the government alone,” he added.

Meanwhile, a global city is a city that has an important role in international economic integration, so that it is able to attract capital, goods, human resources, ideas and information globally.

Sri explained that one of the criteria that is still weak is research and development, including academic research, the environment and innovation.

“Hopefully we can collaborate with ISEI and BI, how we can continue to carry out research on Jakarta and become policy material for the government,” he said.

Currently, the government is working on a draft Law (RUU) for the Special Region of Jakarta (DKJ). Sri admitted that the Provincial Government asked for many privileges in terms of taxes and investment. This is because Jakarta still needs a lot of infrastructure development to become a global city.
“There is a regulation that states that assets can only be used for 5 years. “That’s why we ask that Jakarta be given freedom, including in the tax context,” he explained.

For your information, one of the challenges for Jakarta to become a global city is overcoming traffic jams. His party has also implemented several ways to handle this, such as providing an MRT, and adding a Transjakarta fleet that operates between cities to reduce congestion. (AT Network)

Check out other news and articles at Google News

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