Jakarta After No Longer Becoming The Capital City, Is It A Global Business City?

Jakarta, long known as the capital of Indonesia, is now facing a major transformation. Various speculations and leaks have enlivened the discussion regarding the fate of Jakarta after losing its status as the nation's capital. Intense discussions about the future of this city are becoming more frequent along with plans to move the capital to East Kalimantan.

VOI has several times tried to analyze the hopes embedded in President Jokowi's mind to change the face of Jakarta to be similar to New York, a global city that upholds economic progress. In this analysis, it is shown that this dream has great potential to turn Jakarta into the largest economic center, as did New York in the United States.

One of the interesting points highlighted is the strategy for transforming Jakarta into a "Special Jakarta Region" (DKJ). Last year, after the first cabinet working meeting following the ASEAN and G20 summit agenda, Minister of Finance Sri Mulyani revealed that the government had designed concrete steps to realize the vision of Jakarta becoming a DKJ. Along with the various economic policies taken, as discussed by President Jokowi, Jakarta has the potential to become a magnet for global investors, making it a strong international business center.

Many believe that the process of moving the country's capital and its significant impact will take decades more. An example is the capital of Brazil which moved from Rio de Janeiro to Brasilia, its influence was felt after decades of moving. Or the neighboring country of Malaysia which moved its capital from Kuala Lumpur to Putrajaya.

Economic and social uncertainty is an issue that cannot be ignored. On the other hand, there is an optimistic view from Bank Indonesia which believes that Jakarta  will become a business city like New York. This is based on Jakarta's economic potential and strategic geographical position. Although there are major challenges in managing complex agglomerations and business interests, concrete steps have been taken to prepare Jakarta as a global business center.

Not only that, the Regional Secretary of DKI Jakarta, Joko Agus Setyono, revealed the obstacles faced in realizing Jakarta as a global business city. Infrastructure, spatial planning and population density problems are challenges that must be overcome quickly and precisely. However, with strong commitment and hard work together, Jakarta has great potential to become a special city like New York.

The discourse about Jakarta's future after losing its status as the nation's capital has attracted the attention of many parties. With the various views and projections put forward, Jakarta has great potential to become a global business city that is attractive to investors and economic actors. Even though there are big challenges ahead, with hard work and collaboration from all parties, the dream of making Jakarta like New York is not impossible to realize.