JAKARTA. The Jakarta’s Local Election Commission (KPUD) has not yet released the official results of Jakarta gubernatorial election, which was held on 15 February 2017. However, the results of some quick counts of all survey institutions show that the two-round scenario seems to be unavoidable. Therefore, the winner of Jakarta Gubernatorial Election has to be selected through the second round in April 2017.
Jakarta gubernatorial election has attracted the most attentions, including from the businessmen, compared with 100 other local elections. Understandably, aside of the capital of Indonesia, Jakarta also controls more than 50% of Indonesia’s economy. Let alone, around 63% of the country’s money are circulating in Jakarta.
Some businessmen admits to feeling relieved that the concurrent local elections had run in a relatively peaceful manner, despite Jakarta has to run trough one more round to select the winner.
Chairman of Indonesian Chamber of Commerce (Kadin) Rosan Roeslani is optimistic that the second round Jakarta gubernatorial election will run smoothly and will not interrupt the business activities.
Meanwhile, Chairman of Asia Sakti Wahis Foods Manufacture (ASW Foods) Sudhamek is also optimistic that the political and security stability in Jakarta will remain conducive, despite the gubernatorial election will run through to the second round. Therefore, the businessmen do not need to wait for a long time to realize their business expansions and activities. “The optimism would convince the businessmen that the business condition will continue improving,” he said.
Economy remains on track
The economist at the Institute for Development Economy and Finance (Indef) Eko Listiyanto also estimates that the businessmen do not have specific reasons to be in doubt in taking the business actions. “Based on the past experience, the economy would remain on track, while the political tensions growing,” Eko said.
It has been proven that the trading and service sectors, which have been the mainstays of Jakarta’s economy, remained growing amid the hustle and bustle of the local elections’ preparations. Furthermore, Jakarta has a large potential middle class so that the people’s purchasing power remains strong.
Executive General Manager of PT Toyota Astra Motor estimates that the consumption sector and government spending might rise along with the second round of the gubernatorial election. As the result, “Automotive market usually rises if the GDP (Gross Domestic Product) increases,” he said.
CEO of Sintesa Group Shinta Kamdani expects that the future Governor of Jakarta will implement economic policies, which are conducive for the business climate, on the grounds that the governor will play important role in maintaining projects development in Jakarta. According to Shinta, the entrepreneurs will be waiting for the result of an election before launching further expansions. (Muhammad Farid/Translator)
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