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.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsAccelerated construction program launched for 18 industrial estates
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Thomas Lembong speaks at The Jakarta Post building in Jakarta on Feb. 20. (JP/Donny Fernando)
T
he Investment Coordinating Board (BKPM) has launched an accelerated construction program (KLIK) for another 18 industrial estates across the archipelago in an effort to boost investment amid a global economic slowdown.
With the addition of the 18 estates, there are now 32 estates with KLIK facilities.
“We hope the expansion of KLIK can accelerate investment realization, especially in areas outside Java,” BKPM head Thomas Lembong said during the launch of the program in front of hundreds of regional officials and businesspeople at the Bali Nusa Dua Convention Center on Wednesday.
(Read also: Government signs guarantee agreement for Rp 37.2t toll road projects)
The additional 18 estates are in cities and regencies in Jakarta, West Java, Central Java, East Java, Riau Islands, Riau and East Kalimantan.
The already established 14 estates are mostly in Java.
KLIK facilities are available for any project regardless of capital size and manpower numbers as long as they are located within the 32 estates. Investors can immediately start construction after obtaining principle and investment permits from the BKPM or the one-stop integrated service (PTSP).
Practical licenses, such as the license to build (IMB), environment licenses (UKL/UPL) and environmental impact analyses (AMDAL), can be registered while the construction goes on.
Since the KLIK facilities were launched in 2015, 83 projects worth Rp 122.2 trillion (US$9.13 billion) have been developed across 11 estates. (bbn)
