The Growth of The Capital City

Posted on December 11th, 2010 at 7:58 am by Farah Fitriani


TEMPO InteractiveJakarta:Jakarta’s economy improved in 2010. The economy was still impacted by the 2008 and 2009 global crises. But conditions had improved in 2010 and they are predicted to improve even further next year.

“There was infrastructure improvement, such as in the transportation sector, and a stable distribution of raw material products,” said Agus Suherman, head of the Jakarta Central Statistic Agency (BPS), on Wednesday.

Based on BPS data, from January to September the economy rose by 6.48 percent. Meanwhile, in 2008 Jakarta’s economy grew 6.18 percent and in 2009 it grew only 5.01 due to the global crisis.

BPS recorded that in 2010, prices were stable even though there were staple increases in the price of staple food. “Even though there were many rallies, terrorism and bombing issues, Jakarta’s economy in 2010 was relatively stable,” said Agus.

To maintain growth in 2011, BPS noted several factors to be taken into account, such as a distribution process free of traffic jams and flooding, maintaining the stability in the price of rice and other food commodities and improving the manufacturing industry. “Jakarta must also try to keep the inflation rate at a moderate pace, not to big and not to small,” said Agus.

From January to September this year, Jakarta’s GDP was Rp 220.5 trillion. The biggest contributor amounting to Rp 61.6 trillion, was the tertiary sector, such as the credit sector and services. Trade, hotels and restaurants came second place, contributing Rp 45,80 trillion, followed by the transportation and communication sectors contributing Rp 22.45 trillion.

News Source : Tempo Interactive

Photo Source : Kompasiana

Thanks to Mr. Ahmad Saiful Muhajir for the news tips!

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