Indonesia to Establish International Financial Center in Bali, Jakarta as Transition Location
Culture

Indonesia to Establish International Financial Center in Bali, Jakarta as Transition Location

Indonesia announced plans to establish an International Financial Center in Bali by July 25, 2026. Jakarta is designated as the transition location for this new hub, aiming to elevate Indonesia's status as a financial center.

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  • Indonesia Prepares Jakarta as Candidate Location for International Financial Center

    Indonesia is preparing Jakarta as a candidate location for its International Financial Center (PFII), in addition to Bali. The Coordinating Minister for Economic Affairs indicated that an existing building in Jakarta will be utilized, though specific locations remain undisclosed. Jakarta is expected to serve as a transitional site before the main development in Bali is completed.

  • Indonesia to Establish International Financial Center in Bali, Jakarta as Transition Hub

    Indonesia is planning to establish an International Financial Center in Bali, using Jakarta as a temporary hub during the preparation phase. Minister of Investment and Industrialization Rosan Roeslani stated that the center is expected to be fully operational in Bali within two to three years and has already received positive feedback from 11 prospective investors.