JakartaPost-Oct 16
Jakarta may have a long road to becoming the global city it aims to be after it loses its state capital status, but the 2024 general election could bring the city new opportunities, a recent discussion has concluded. “Jakarta’s next vision is to be the national economic center and global city,” said Jakarta Development Planning Board head Atika Nur Rahmania, citing the city’s aspirations mentioned in a bill on Jakarta’s special region status. Atika was a speaker at a discussion organized by the Jakarta Development Planning Board alongside the Rembuk Bina Karta Foundation on Thursday. The participants sought to examine Jakarta’s identity as it prepares to lose its national capital designation to Nusantara in East Kalimantan. With the passing of the Nusantara Capital City (IKN) Law, which mandates a change in the status of Jakarta, the current capital urgently needs new regulations if it hopes to avoid falling to the same status as other regions in Indonesia. Atika concluded that a “global city is a city that plays an important role in transnational economic integration and is able to attract goods, capital and human resources, ideas and information globally”. Gap persists For Jakarta to meet that definition, Atika said at least three indicators were to be used: business activity, human capital and information exchange. In terms of business activity, a global city should have more than 10 of the world’s 500 largest companies and have more than 100 unicorn start-ups, she said. Indonesia has about 5 or 6 unicorns. Read more at: https://www.thejakartapost.com/indonesia/2023/10/16/jakarta-aims-to-become-global-city-after-capital-relocation.html.
