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Business in Jakarta

The first high rise commercial buildings were built along Jalan Thamrin. However, due to the limited space and the mounting price of land, the high-rise-commercial building development was stretched to Jalan Jenderal Sudirman. Today, the expansion has reached the Sudirman Commercial District Center and Kuningan area.

Unlike the high-rise commercial buildings which growth concentrated in certain area of Jakarta, the development of low rise commercial buildings in Jakarta has thrived in almost all areas across Jakarta. The most common form of low rise buildings is ruko or rukan. Ruko means Rumah Toko (Residential/Store) while rukan means Rumah Kantor (Residential/Office). In Indonesia, it is legal to have a residential and commercial function in one building. Many people utilize their ground level building as an office or a store, while using the upper section as the residential area.

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 CONFERENCES IN JAKARTA
Retail Indonesia 2008
Location: Jakarta International Exhibition Centre
Date: Feb 7-9, 2008
More info: www.pamerindo.com
Mining Forum 2008
Location: Hotel Mulia Senayan, Jakarta, Indonesia
Date: Feb 20-21, 2008
More info: click here
Asia Pacific Drilling Summit Fluids & Cuttings Management 2008
Location: Shangri-la Hotel, Jakarta, Indonesia JL. Jend. Sudirman Kav. 1 Jakarta 10220, Indonesia.
Date: Feb 26-27, 2008
More info: www.drillingfluidsasia.com
2nd Indo Oil Gas & Power 2008
Location: TBD Jakarta, Indonesia
Date: Feb 27-28, 2008
More info: click here
Coal Indonesia 2008
Location: Jakarta International Expo (JIExpo). Gedung Pusat Niaga Fl. 1, Arena PRJ Kemayoran, Jakarta 10620, Indonesia
Date: Mar 1, 2008
More info: click here
Oil & Money Asia 2008
Location: The Ritz-Carlton, Jakarta, Indonesia
Date: Mar 4-5, 2008
More info: click here
Furnitek Indonesia
Location: Jakarta International Exhibition Centre - Kemayoran, Jakarta, Indonesia
Date: Apr 1, 2008
More info: click here
Pulp & Paper Indonesia
Location: Jakarta International Exhibition Centre - Kemayoran, Jakarta, Indonesia
Date: Apr 1, 2008
More info: click here
INACRAFT (Jakarta International Handicraft Trade Fair)
Location: Balai Sidang Jakarta Convention Center, Jakarta, Indonesia
Date: Apr 23-27, 2008
More info: click here

 

In addition to ruko and rukan, the construction of the new malls also contributed to the addition of new retail spaces. The mall developers in Jakarta seemed to be in competition to build larger mall with larger retail space. However, these aggressive developments have caused an oversupply of retail space in malls. Today in some malls, we can find open malls with almost no tenants or visitors, while ironically, some other malls have long tenant waiting list.

Almost every large company, local and international ones, has a representative office in Jakarta. The rapid development of Jakarta, compared to other cities in Indonesia, was one of the direct impacts of the centralized government policy. Even though currently the government has implemented autonomy in every province, we still can expect Jakarta to be the main gateway of Indonesia commerce for the next decade or two.

 

 

 

 


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