BI economist: Jakarta's economic growth could attract investment

Jakarta (ANTARA) - Economist Sakti Arif Wicaksono from the Bank Indonesia Representative Office for DKI Jakarta Province stated that Jakarta’s economic growth is projected to range between 4.9 and 5.7 per cent with inflation remaining under control in 2026, thereby holding the potential to attract investment from both domestic and international sources. "Jakarta’s macroeconomic developments could be one of the potentials for how domestic and foreign investment can continue in 2026 and into 2027," Sakti said in Jakarta on Tuesday. According to him, the capital’s economic growth is supported by fairly strong household consumption and several leading sectors that continue to grow at a high rate, such as trade, information and communication, and the provision of accommodation and food and beverages. Furthermore, investment in Jakarta has grown relatively rapidly in the first quarter of 2026. Investment realisation in Q1 2026 reached Rp78.7 trillion, representing 15.8 per cent of total investment across Indonesia. This achievement positions Jakarta as the largest investment contributor nationally, while also serving as a positive indicator for the region’s economic growth. He stated that Foreign Direct Investment (FDI) realisation in Q1 2026 reached USD 1.9 billion, while Domestic Direct Investment (DDI) amounted to Rp26.3 trillion. "Investor confidence in Jakarta remains quite substantial, so the prospects for the 2026 Jakarta Investment Festival are considerable; we can attract potential investors from abroad," he said. Meanwhile, the DKI Jakarta Provincial Government is offering a total investment potential of approximately USD 16.1 billion, equivalent to Rp271.3 trillion, across 40 strategic projects in nine sectors and seven thematic area developments through JIF 2026. Now in its sixth year, JIF 2026 is an annual business forum organised by the DKI Provincial Government. This year’s forum adopts the theme "Advancing Today, Securing Tomorrow". As in previous years, JIF brings together various policymakers such as the government, business actors, innovators, and local and global investors.