This study analyzes the implementation of special regional authority over investment governance in Jakarta, following the enactment of Law No. 2 of 2024 on the Special Capital Region (DKJ). With Jakarta's transition from the national capital to a global economic hub, the Jakarta Investment and One-Stop Integrated Service Agency (DPMPTSP) plays a strategic role in facilitating investment climate reform. This research employs a qualitative approach through literature review and Focus Group Discussions (FGD) involving central and regional government institutions, academics, and business representatives.

The findings show that while Jakarta holds promising investment potential due to its infrastructure, human capital, and strategic location, several challenges remain. These include overlapping regulations, limited institutional integration, and issues in licensing governance. Despite regulatory reforms, foreign investors still face bureaucratic hurdles and limited legal clarity. The report concludes with actionable recommendations for enhancing institutional readiness, digital integration, and the alignment of investment regulations with Jakarta’s vision as a global, inclusive, and sustainable city. These findings contribute to the formulation of policy directions and the development of technical guidelines (NSPK) for the implementation of investment functions under the new DKJ framework.

Keywords: Investment Governance, Special Authority, Jakarta Special Capital Region, Policy Implementation, Sustainable Economic Growth, Global City