Prabowo Prepares Special Financial Centre to Attract Global Investment Amid Geopolitics and...

Can Indonesia leverage global tensions as a new profitable economic opportunity? Will the special financial centre plan become the government’s major strategy to attract investment funds seeking safe harbours?

The Government Prepares Special Financial Centre to Strengthen Investment Competitiveness

President of Indonesia Prabowo Subianto has outlined plans for establishing a special financial centre as part of the strategy to bolster Indonesia’s global investment attractiveness.

According to Prabowo Subianto, the government is still assessing the best location to ensure the area possesses international competitiveness.

National Stability Becomes Key Asset to Attract Investors Amid Conflicts

Prabowo stated that Indonesia’s national stability is the primary advantage compared to several countries currently facing geopolitical conflicts.

He assessed that the current global conditions are making investors more cautious in determining locations for long-term capital placement.

According to Prabowo Subianto, Indonesia is one of the attractive options because it is not involved in armed conflicts.

Bali Deemed to Have Global Appeal and Strong International Ecosystem

The government is considering Bali due to its international reputation as a global destination with an established international community ecosystem.

Prabowo mentioned the presence of Russian and Ukrainian citizens since the 2022 conflict as an indicator of trust in Indonesia’s stability.

According to Prabowo Subianto, this phenomenon demonstrates Indonesia’s potential as a relocation destination as well as for investment.