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Jokowi inaugurates BKPM one-stop integrated service
President Joko "Jokowi" Widodo inaugurated on Monday the one-stop integrated service (PTSP) at the Investment Coordinating Board (BKPM)
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President Joko "Jokowi" Widodo inaugurated on Monday the one-stop integrated service (PTSP) at the Investment Coordinating Board (BKPM).
The BKPM said in its report that the PTSP was established in response to the presidential instruction to create a business-friendly bureaucracy by eliminating costly red tape for entrepreneurs and investors.
After thorough coordination, 22 ministries and institutions have delegated their authority to issue business permits to the BKPM and assigned their officers to the PTSP, according to Antara news agency.
BKPM head Franky Sibarani said that the BKPM and the ministries and institutions were ready to serve the licensing processes for all business fields.
"There is now no need for investors to roam around Jakarta visiting any number of ministries and institutions," Franky said, as quoted by Antara. (hhr)
