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Business forum identifies investment obstacles in RI
The Investment Coordinating Boardâs (BKPM) marketing coordinator for China, Harri Santoso, said on Monday that complicated procedures in obtaining environmental impact analysis (Amdal) certificates and land clearing permits, as well as poor supporting facilities in industrial zones, were among complaints raised by Chinese investors during a business forum in Beijing on Thursday
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he Investment Coordinating Board's (BKPM) marketing coordinator for China, Harri Santoso, said on Monday that complicated procedures in obtaining environmental impact analysis (Amdal) certificates and land clearing permits, as well as poor supporting facilities in industrial zones, were among complaints raised by Chinese investors during a business forum in Beijing on Thursday.
During the forum, he said, the Chinese investors also brought up how difficult it was for businesspeople to reach an agreement on local industrial electricity rates with state electricity company PLN. They also highlighted the importance of a quick confirmation from the Indonesian government on tax incentives for raw material and machinery imports.
'Responding to their complaints, the BKPM has explained about reforms introduced for investment permit policies it is now providing through its One-Stop Integrated Services [PTSP] Office,' Harri said as quoted by Antara.
'The BKPM head [Franky Sibarani] has also conveyed his commitment to facilitating investors experiencing investment obstacles through 'debottlenecking' programs and to push for regulation and incentive improvements,' he went on.
Harri went on to say that the BKPM would also give them information on the latest policies that could support foreign investment and other information, including on opportunities in the energy sector, special economic zones (KEKs) and regulations on employing workers.
At the forum, he added, the Chinese investors had asked the BKPM to facilitate companies that were in the process of arranging land ownership permits. The agency was also called on to facilitate investors who needed land to develop industrial areas, help them get suitable locations for investment projects and bonafide local partners as well as information on potentials and opportunities in the field of infrastructure, especially power plants, he went on.
'We are committed to facilitating investors, starting from exploring their investment interests and wishes, obtaining permits, realizing investments and handling their aspirations to improve our investment climate,' said Harri. (ebf)
