Indonesia Plans Dedicated Institution to Manage Financial Centre
Indonesia Plans Dedicated Institution to Manage Financial Center
05 Mei 2026 17:07 WIB
Voice of Indonesia
Key Points
Minister Rosan Roeslani said the Indonesia Financial Center (IFC) will be managed under a separate regulatory authority.
The government is considering Bali as the IFC’s location, with discussions linked to existing SEZs such as Kura-Kura Bali.
RRI.CO.ID, Jakarta – The plan to develop the Indonesia Financial Center (IFC) is currently in the preliminary study stage, focusing on institutional design and regulations.
CEO of the Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) and Minister of Investment and Downstreaming, Rosan Roeslani, said the IFC’s management structure will operate under a separate regulatory authority.
Minister Rosan explained that discussions on the IFC involve cross-institutional coordination, including the Coordinating Ministry for Economic Affairs, the Ministry of Finance, Bank Indonesia (BI), and the Financial Services Authority (OJK).
The process includes formulating a legal framework, regulations, and incentives to attract global financial industry players. “We will meet with the President to discuss the establishment of the Indonesia Financial Center, which we plan to locate in Bali,” Minister Rosan said after a meeting at the Coordinating Ministry for Economic Affairs in Jakarta on Tuesday, May 5, 2026, as quoted by Antara.
He added that the government will identify the strategic needs each stakeholder must address. “We will also compare it with financial centers in Dubai, Abu Dhabi, Singapore, and others,” Minister Rosan said.
The IFC development will be linked to Bali’s special economic zones (SEZs) in the financial sector, including the Kura-Kura Bali SEZ. As of the first quarter of 2026 (Q1-2026), Bali’s SEZs recorded realized investments of IDR 5.37 trillion (USD 308.15 million) and created thousands of jobs.
Minister Rosan emphasized that discussions on the IFC will continue to be refined before the government issues an official decision. He said the initiative is expected to strengthen Indonesia’s role in the international financial ecosystem. ***
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