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Jakarta Post

New BKPM head to focus on expediting licensing system

  • Vincent Lingga

    The Jakarta Post

Yogyakarta   /   Wed, November 25 2009   /  09:34 am

“I will give you my name card with an email address so that you can email me your problem, and I will see to it that the matter you raised is rectified.”That was how Gita Wirjawan, the new chief of the Investment Coordinating Board (BKPM), addressed businessmen at the Indonesia-Australia Business Council conference Tuesday who complained about arduous investment licensing procedures and red tape at the ministry of justice and basic human rights.Gita, formerly an investment banker and private-equity fund manager, said he was determined to develop a truly one-stop licensing center at BKPM, something even Soeharto failed to accomplish under his 32 years of authoritarian administration.He realized his uphill task as the salesman of the Indonesian investment climate because most of
the factors which determine the quality of the country as the place of investment lie beyond his jurisd...