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Three-hour license service for energy sector launched
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Investment Coordinating Board (BKPM) chief Thomas Lembong (second right) speaks to journalists during a press briefing. (JP/Grace D. Amianti)
T
he Investment Coordinating Board (BKPM) has launched a three-hour service for obtaining nine licenses connected to energy and mineral resources.
The government is encouraging large investments in the energy and mineral resources sectors this year, said BKPM head Thomas Lembong.
"Exports are still sluggish. Our consumption is strong, but we cannot encourage more or we would become an over-consumptive country. Investment [in the energy and mineral resources sectors] is the one thing we can boost," he said during the launch on Monday.
The new service would be applied to nine licenses related to infrastructure. When done through the BKPM's regular service, the process can take between 20 and 40 days.
Company directors seeking the three-hour service merely need to submit the required documents at a one-stop integrated service (PTSP) agency.
(Read also: Relaxing export ban a realistic decision: Minister)
The licenses will be issued if the firm has met all administrative and technical requirements stipulated in Energy and Mineral Resources Ministerial Decree No. 15/2016 on the three-hour licensing service for infrastructure in the energy and mineral resources sectors.
