TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Govt expands 3-hour permit issuance for 4 infrastructure sectors

Investment Coordinating Board (BKPM) head Franky Sibarani has announced that the government broadens implementation of the three-hour licensing service for four infrastructure sectors namely transportation, public works, energy, and communication

Ayomi Amindoni (The Jakarta Post)
Jakarta
Mon, February 22, 2016

Share This Article

Change Size

Govt expands 3-hour permit issuance for 4 infrastructure sectors -: Investment Coordinating Board (BKPM) head Franky Sibarani has announced that the government broadens implementation of the three-hour licensing service for four infrastructure sectors namely transportation, public works, energy, and communication. (JP/Don) (BKPM) head Franky Sibarani has announced that the government broadens implementation of the three-hour licensing service for four infrastructure sectors namely transportation, public works, energy, and communication. (JP/Don)

I

span class="inline inline-center">Investment Coordinating Board (BKPM) head Franky Sibarani has announced that the government broadens implementation of the three-hour licensing service for four infrastructure sectors namely transportation, public works, energy, and communication. (JP/Don)

The government has broadened implementation of the three-hour licensing service for four infrastructure sectors, allowing investors to enjoy the service without having to meet past requirement terms such as the minimum investment of Rp 100 billion (US$7.5 million) and the 1,000 worker minimum rule.

The measure was marked by a memorandum of understanding (MoU) signed between Investment Coordinating Board (BKPM) head Franky Sibarani, Energy and Mineral Resources Minister Sudirman Said, Public Works and People's Housing Minister Basuki Hadimuljono, and Transportation Minister Ignasius Jonan.

"BKPM has now opened the service up to four major infrastructure sectors, namely transportation, public works, energy, and communication. Through this facility, we expect an acceleration of infrastructure services," Franky said at the State Palace in Jakarta on Monday.

The special service, he continued, integrates and completes eight licensing and non-licensing administrations. "Those who invest in these sectors can go directly to BKPM and take advantages of this service," Franky said.

Meanwhile, Sudirman welcomed the service as an instrument to speed up infrastructure construction in the energy sector. "The idea is to centralize the licensing service in BKPM," he told reporters.

As of Feb. 18, there were 20 companies making use of the service, with a total investment of Rp 54 trillion and 15,939 employees, according to BKPM data. (ags)

{

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.