Flooring Guide by Cinvex — JAKARTA — The Bank Indonesia (BI) Representative Office for the DKI Jakarta Province and the Jakarta Provincial Government have joined forces to catalyze the growth of the creative industry, with a specific focus on film. This strategic collaboration aims to establish cinema as a vital pillar of economic growth, bolstering Jakarta’s competitive edge as a leading global city.
Iwan Setiawan, Head of the BI Jakarta Representative Office, met with Acting Governor of Jakarta Rano Karno on Friday, June 8, 2026. The meeting, which also included representatives from the Tourism and Creative Economy Agency and the Ruang Cinema Jakarta Foundation, served as a platform to discuss strengthening the local creative ecosystem.
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During the meeting, Rano Karno, affectionately known as Bang Doel, commended Bank Indonesia’s proactive role in nurturing the city’s creative sector. “This synergy is essential to building a film ecosystem that is competitive, inclusive, and sustainable. It provides a platform for the younger generation to express their creativity while contributing meaningfully to the economy,” he stated in an official release on Sunday, May 10, 2026.
Echoing this sentiment, Iwan Setiawan emphasized that the film industry is a critical component in driving new, inclusive, and sustainable economic growth for the capital. He noted that beyond serving as a creative outlet for youth, the film sector generates a significant multiplier effect, stimulating growth in related industries such as tourism, culinary services, transportation, and hospitality.
Related: BI Jakarta Targets 4.8%–5.6% Economic Growth for 2026
“We are committed to sustained synergy with the Jakarta Provincial Government and various stakeholders to fortify the creative economy. A key part of this effort is the organization of the Jakarta Youth Film Festival,” Iwan remarked. He expressed hope that this model of collaboration could eventually be replicated in other regions across Indonesia to foster a nationwide creative renaissance.
The Chairperson of the Ruang Cinema Jakarta Foundation also shared an update on the Jakarta Youth Film Festival (JYFF) 2026, highlighting the remarkable enthusiasm from the youth. As of late April 2026, 178 film projects had been registered for the Student Competition, alongside 64 submissions for the Jakarta Film Fund.
These figures underscore the massive potential of Jakarta’s young creative talent, which requires cross-sector support to thrive. Under the theme “Jakarta, Our City,” the JYFF 2026 stands as a strategic arena for young filmmakers to hone their skills and contribute to a more innovative and competitive creative economy.
Looking ahead, the Bank Indonesia Representative Office for DKI Jakarta and the provincial government are committed to intensifying their efforts. By expanding collaboration with diverse stakeholders, they aim to accelerate the development of an inclusive creative economy, cementing the film sector’s role as a primary engine for Indonesia’s future economic prosperity.
Summary
Bank Indonesia’s Jakarta Representative Office and the Jakarta Provincial Government have established a strategic partnership to position the film industry as a key driver of the city’s economic growth. Acting Governor Rano Karno and BI Jakarta Head Iwan Setiawan emphasized that this collaboration aims to create a sustainable and competitive creative ecosystem that provides significant opportunities for the younger generation. The initiative seeks to leverage the film sector’s potential to stimulate growth across related industries such as tourism and hospitality.
As part of this effort, the Jakarta Youth Film Festival 2026 has been launched to showcase local talent, attracting hundreds of film project submissions. Both institutions remain committed to expanding these collaborations with diverse stakeholders to further strengthen the creative economy. Through these concerted efforts, they aim to transform Jakarta into a leading hub for creative innovation and long-term economic prosperity.