Jakarta First, Bali Next
President Prabowo Subianto announced on Friday that Indonesia will build Indonesia Financial and Investment Center estates in Jakarta and Bali. Jakarta comes first. Bali follows after that.
The president set out the plan while presenting the 2027 Draft State Budget and its Financial Note. That timing matters. It places the project inside Indonesia’s medium-term fiscal and growth strategy.
State Secretary Minister Prasetyo Hadi said the government is moving quickly. He said Indonesia has growing appeal as a global investment destination. He also said the centre will help capture that demand.
The centre has already drawn interest from Asian investors and family offices, according to Investment and Downstreaming Minister Rosan Roeslani. He cited a meeting with 110 business professionals and entities from across Asia in Nusa Dua, Bali. Early interest from that group signals demand is real, not theoretical.
What Does the Hub Mean for Investors?
Prabowo described the hub as a new model for Indonesia’s financial sector. He said it will focus on investment, financial technology, arbitration and commercial dispute resolution. He also said it should meet international standards.
That design is notable. It suggests Indonesia wants more than a real estate project. It wants a full ecosystem for cross-border capital. It also wants more legal and financial work handled inside the country.
For investors, that could improve speed and certainty. It may also strengthen Jakarta’s role as the first stop for deal structuring. Bali then becomes a second base for long-term expansion.
Reuters reported in July that an Indonesian parliamentary panel backed key provisions for international financial centres. That gave the project a legal foundation before this week’s political push. Later reporting said the government would begin operations in Jakarta during a transition period.
The policy fits a broader pattern in Jakarta. Officials want to attract long-term foreign investment and reduce sharp capital outflows. They also want to widen Indonesia’s economic base beyond traditional sectors. It is worth noting that investment in Nusantara has already reached US$4.56bn, showing momentum behind Indonesia’s capital attraction efforts.
One analyst view is clear: Indonesia is trying to turn investment interest into an onshore market infrastructure story.
That is the market signal. The next test is execution. Investors will watch where the first site opens, how fast the legal framework moves, and whether the hub can convert early interest into actual capital flows.
Quick answers
Indonesia plans to build Indonesia Financial and Investment Center estates in both Jakarta and Bali. Jakarta will open first, with Bali following in a later phase.
The hub will focus on investment, financial technology, arbitration and commercial dispute resolution, all designed to meet international standards.
Yes. Investment and Downstreaming Minister Rosan Roeslani confirmed early interest from Asian investors and family offices, citing a meeting with 110 business professionals and entities in Nusa Dua, Bali.
