Why Arbitrate in Jakarta?
As a burgeoning Asian megacity sporting over 10 million inhabitants with more than 300 different ethnicities and 200 distinct dialects, Jakarta is a quintessential melting pot, one bustling with a unique and multi-layered vibe. From the food, nightlife, and shopping to the faiths, arts, and customs, diversity abounds in this rare cosmopolitan yet traditional capital city. In kind, having the world’s third largest democracy makes Jakarta a perfect intellectual and academic backdrop to explore the broad spectrum of talent, opinion, and ambition inherent to its open, curious culture.
Another undeniable feature of Jakarta is the warmth and friendliness of its people. Remarkably, this overall attitude extends to the business climate, where respect and cooperation are time honored values. While business sophistication and productivity are certainly prioritized, genuine care for the wellbeing of employees, partners, and affiliates permeates business dealings.
With a legacy of more than 30 years of robust uninterrupted economic expansion, Jakarta is the lively social, cultural, economic, and political hub of the nation. While it distinctively serves as both the seat of national as well as regional government, it’s also home to many of the country’s finest research institutions, educational facilities, and cultural organizations. It has tactically stimulated services, trade, tourism, and selected industries so as to fully leverage its abundant assets and potentials, including a young generation of well-qualified professionals. In fact, Jakarta is now recognized as a "service city" in the fields of finance, trade, tourism, and telecommunications, all necessary ingredients for a regional superpower.
While Jakarta is no doubt the economic and political center of its own country, it plays a more global role as a strategic and practical fulcrum for Southeast Asia and countries bordering both the Indian and Pacific oceans. Strategically positioned on the west side of the island of Java, Jakarta is the principal gateway to the rest of Indonesia. From Jakarta, sophisticated land, air, and sea transport are available to the rest of the country. True, Jakarta’s ease of proximity to all major business and financial centers throughout ASEAN, the OBOR initiative, and APEC make it a natural center and preferred venue for international connections, commerce, and communications.
Unsurprisingly, Jakarta emerges as an ideal location for international dispute resolution, providing more cost effective and flexible solutions to cross-border conflicts.