Prabowo Strengthens Investment Climate Through IIFC

Intelligence and geopolitics analyst Amir Hamzah has shared his perspective on President Prabowo Subianto’s plan to establish the Indonesia International Financial Center (IIFC). In the context of economic intelligence, Hamzah noted that global investors do not merely consider potential profits, but also weigh legal risks, regulatory certainty, policy consistency, bureaucratic transparency, and security stability.

“International capital always moves towards regions that provide certainty. Therefore, the success of the IISCI depends heavily on the quality of governance established from the outset,” said Hamzah. He assessed that President Prabowo’s decision to accelerate the formation of the IIFC demonstrates an awareness that Indonesia requires new instruments to attract global investment flows amidst increasingly fierce competition.

According to Hamzah, the post-pandemic global economic landscape, geopolitical conflicts, and trade wars have prompted investors to seek more stable alternative financial centres. “From a geopolitical perspective, the world is undergoing a redistribution of investment. Many international companies are beginning to diversify their investment locations to avoid dependency on a single region. This presents a significant opportunity for Indonesia,” he added.

He further noted that Bali possesses strategic value as a primary location for the IIFC due to its established reputation as an international destination with strong global connectivity. However, Hamzah acknowledged that the government’s decision to begin operations in Jakarta is a realistic transitional step. “Jakarta already possesses the banking ecosystem, capital markets, regulators, and networks of financial institutions. Meanwhile, Bali can be prepared to become an international financial zone with a global character in the coming years,” Hamzah concluded.