The Gelora Bung Karno (GBK) Complex Management Center has announced a remarkable financial achievement, recording a staggering Rp 812 billion in revenue for 2025, based on its recently audited financial reports. This figure represents an extraordinary surge, nearly quadrupling the Rp 255 billion revenue recorded in 2022 within just three years. Hendry Arisandi, GBK’s Finance Director, highlighted this impressive growth in a written statement released on Monday, May 11, 2026.
The significant upward trajectory in GBK’s financial performance is further underscored by a substantial increase compared to the previous year. The 2025 revenue of Rp 812 billion far surpassed the Rp 566 billion recorded in 2024, demonstrating consistent and robust growth for the iconic complex.
According to Hendry Arisandi, this strong financial showing is a direct result of effective state asset optimization efforts, particularly through the strategic revitalization of Block 15, formerly known as Hotel Sultan. Hendry expressed optimism that these management initiatives will generate substantial added economic value and deliver greater benefits for both the nation and its citizens.
Throughout 2025, the extensive GBK area served as a vibrant hub for a diverse array of activities. It successfully hosted numerous national and international events spanning sports, cultural performances, MICE (Meetings, Incentives, Conferences, and Exhibitions), recreation, and various commercial and public agendas, underscoring its pivotal role as a multifaceted venue.
Rakhmadi A. Kusumo, President Director of the Gelora Bung Karno Complex Management Center, emphasized that the impressive 2025 revenue achievement reinforces their commitment to a professional and orderly management of the complex. He views this success as a crucial impetus to uphold their mandate, ensuring the GBK area continues to deliver significant value and benefits for the state and the wider public.
Rakhmadi further articulated his hope that this positive momentum will be sustained and strengthened through the continued revitalization and optimization of Block 15. The GBK Complex Management Center considers the development of Block 15 to be an integral component of its broader agenda for optimizing state assets within the prominent GBK area.
To ensure the seamless and lawful execution of the Block 15 project, the Gelora Bung Karno Complex Management Center is engaged in comprehensive coordination with various key government bodies. These include the Ministry of State Secretariat, the Ministry of Finance, local government authorities, law enforcement agencies, the police, and the Indonesian National Armed Forces (TNI). This extensive collaboration aims to guarantee that the entire Block 15 process unfolds in an orderly, secure, transparent, and legally compliant manner.
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Summary
The Gelora Bung Karno (GBK) Complex Management Center reported a significant financial milestone in 2025, generating Rp 812 billion in revenue. This figure marks a substantial increase from the Rp 566 billion recorded in 2024 and nearly quadruples the revenue from 2022. The growth is primarily attributed to effective state asset optimization and the strategic revitalization of Block 15, formerly known as Hotel Sultan.
GBK continues to function as a vital hub for sports, cultural, and MICE events, reinforcing its role as a multifaceted public venue. To ensure the ongoing success and legal compliance of the Block 15 development, the management center is coordinating closely with various government, military, and law enforcement agencies. This commitment aims to sustain long-term economic value and professional management for the benefit of the state and the public.