Central Jakarta - Economy

Economy

Both GRDP at current market price and GRDP at 2000 constant price in 2007 for Municipality of Central Jakarta is higher than other municipalities in DKI Jakarta, which is Rp. 145 million and Rp. 80 million respectively.

At the end of the first quarter of 2010, the Jakarta CBD had an occupancy rate of 80%, an increase from the 78% at the end of the first quarter of 2009. According to Jones Lang LaSalle, the amount of office space in the Jakarta CBD increased by 93,000 square metres (1,000,000 sq ft) between the second half of 2010 and the second half of 2009.

In September 2010 Jones Lang LaSalle estimated that the Jakarta CBD had 30,000 square metres (320,000 sq ft) of serviced office space, making up less than 1 percent of the total amount of office space in the CBD. 70% of the tenants in the serviced spaces were international companies. The number of serviced office spaces in Central Jakarta increased by 50% in the year leading to September 2010.

Read more about this topic:  Central Jakarta

Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)