Indonesian Political, Business & Finance News

Drawing on Cabinet Experience, Pramono Pitches MRT Investment to Singapore

| | Source: REPUBLIKA Translated from Indonesian | Infrastructure
Drawing on Cabinet Experience, Pramono Pitches MRT Investment to Singapore
Image: REPUBLIKA

Jakarta Governor Pramono Anung has offered investment opportunities to Singapore for the development of MRT Jakarta Phase 3 and Phase 4. The former Cabinet Secretary also opened up opportunities for investment in transit-oriented development (TOD) projects. The offer was conveyed during a meeting with Singapore Prime Minister Lawrence Wong at the Istana on Monday (15/6/2026), as part of efforts to strengthen economic cooperation and sustainable urban development between Jakarta and Singapore. “Investing in Jakarta today means gaining access to one of the largest markets in Southeast Asia. The flow of investment into Jakarta will contribute to Indonesia’s growth, strengthen the ASEAN economy, and create added value for regional partners, including Singapore,” Pramono said in a statement on Tuesday (16/6/2026). In addition to offering investment opportunities in the transportation and urban development sectors, Pramono affirmed the Jakarta provincial government’s commitment to creating an easy, transparent, efficient, and consistent investment climate. He stressed that policy certainty is a crucial factor in building investor confidence. “We want Singaporean businesses to know that Jakarta is committed to facilitating investment, with clear regulations, efficient processes, and consistent policies. I believe the trust and collaboration we strengthen today will lead us to shared success,” he stated. The meeting also reinforced communication between Pramono and Lawrence Wong, which had been established when both served in their respective national governments. At that time, Pramono was serving as Cabinet Secretary while Lawrence Wong held several strategic positions in the Singapore Government. Pramono noted that his extensive experience in government is a valuable asset in building effective communication with strategic partners, including Singapore. This experience also supports the Jakarta provincial government’s efforts to align national policies with their implementation at the regional level to provide certainty for investors. “My experience as Cabinet Secretary for two terms and now as Governor of Jakarta allows me to bridge national policy with regional implementation. This is important to provide certainty and confidence for investors,” he said.

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