President Joko “Jokowi” Widodo has urged the Investment Coordinating Board (BKPM) to speed up and simplify investment licensing services in Indonesia through the implementation of the one-door integrated service (PTSP).
“The BKPM launching the PTSP is just an initial step. Next, I will order to simplify and speed it up, so it will not be complicated,” the president stated on Monday while launching the PTSP, as reported by Antara News.
He pointed out that in the past, an investor keen on building a power plant would need 52 permits, and the process would take 930 days.
“For me, it is unacceptable. It has to be corrected, so that the electricity problem in cities and districts could be solved,” the head of state noted.
He also urged the BKPM to optimize the use of information technology, so that the licensing process could become transparent, and investors could follow the process.
Investment is expected to help the country achieve an economic growth rate of over seven percent within the next three years.
“This year, the economic growth of other countries will decrease, while we will grow at 5.1 percent. Our target is 5.6 to 5.8 percent, and the key is the realization of the state budget (APBN) and investment, among other things,” he affirmed.
Among those present during the PTSP launch ceremony were Trade Minister Rachmat Gobel, Health Minister Nila Moeloek, Coordinating Minister for Culture and Human Development Puan Maharani, and Deputy Finance Minister Mardiasmo.
The BKPM in its statement earlier said the PTSP was established in keeping with President Jokowi’s directive to help investors skip the lengthy process of bureaucracy.BKPM Chairman Franky Sibarani stated that his office and other ministries/institutions are ready to serve the licensing process for all kinds of businesses.
“Investors needing licenses will be served better, as they do not have to tour Jakarta and visit several ministries/institutions for that purpose,” Sibarani remarked, adding that investors just need to visit the BKPM office.
Coordination has been carried out by 22 relevant ministries/institutions, which will delegate their authorities in issuing licenses to the BKPM and assigning their personnel to help run the service.
ANTARA NEWS
