Indonesia plans to establish financial centres in Jakarta and Bali, with services spanning investment, fintech and commercial dispute resolution. The announcement matters because the government is trying to build domestic infrastructure for international capital and specialised financial services, although the centres are not yet operating.
President Prabowo Subianto announced Jakarta as the initial location and said Bali would follow when ready. ANTARA reported the remarks from his speech on the 2027 state budget draft on 14 August. ANTARA News Agency
The planned scope includes banking, insurance, capital markets, derivatives, carbon trading, bullion, fintech, Islamic finance, family offices, treasury centres and investment management.
Those services are an ambition, not a completed operating network. The government has not yet published a firm opening timetable, tenant list or detailed regulatory framework for the announced centres.
If implemented well, the centres could give Indonesian companies and investors more local access to specialised finance and international dispute resolution. Bali may also gain a route to diversify beyond tourism, while Jakarta would deepen its role as the country's financial centre.
Execution will require coordination across financial regulators, local authorities and private operators. Clear licensing, governance and market-access rules will determine whether the initiative attracts credible institutions or remains a policy announcement.
The next important details are the legal framework, governance, locations, opening dates and commitments from financial institutions that would use the centres.
Source note
ANTARA reported the president’s announcement. The proposed centres are plans and are not operating financial districts.