The Indonesian Researchers Association, known as PPI, is calling on the government to introduce competitive fiscal incentives to support Indonesia’s push to build a new international financial hub. The group says stronger policy support will be important if the country wants to attract foreign capital in a crowded regional market.

According to the report, PPI believes financial incentives can make Indonesia more appealing to overseas investors that compare tax, regulatory and operating conditions across different destinations. Its position suggests that the success of the planned hub will depend not only on infrastructure and location, but also on how attractive the overall investment framework is.

The recommendation highlights a broader challenge for Indonesia as it tries to position itself as a stronger player in international finance. Competing financial centers often offer clear benefits to global firms, so researchers are urging policymakers to ensure Indonesia’s package is competitive enough to stand out.

The discussion also points to the government’s larger goal of drawing more foreign investment and deepening the country’s financial ecosystem. For PPI, well-designed fiscal incentives could help accelerate interest in the new financial hub and strengthen Indonesia’s appeal to international investors.