The Jakarta provincial government will issue regional bonds to meet the investment needs of Rp571 trillion for 10 years until 2030. The bonds will be used as funds to release the burden of Jakarta as the country’s capital. The funds will be sourced from the state budget, government and business entities cooperation, as well as purely private or state-owned investment.

Jakarta Governor Anies Baswedan said that the development of Jakarta must be accelerated. While the investment will focus on housing construction, mass transportation systems such as railways, light rapid transit system, mass rapid transit, and bus network.