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Jakarta Post

Investment board focusing on internal work to prepare OSS takeover

  • Anton Hermansyah
    Anton Hermansyah

    The Jakarta Post

Jakarta   /   Thu, July 19, 2018   /   05:45 pm
Investment board focusing on internal work to prepare OSS takeover Investment Coordinating Board (BKPM) head Thomas Lembong. (JP/Anton Hermansyah)

Investment Coordinating Board (BKPM) head Thomas Trikasih "Tom" Lembong said the board was now busy with international work to prepare for the takeover of the Online Single Submission (OSS) system, while the external affairs are entrusted to the Trade Ministry.

"I trust in the abilities of our friends in the Trade Ministry to handle international agreements," said Thomas, who was the trade minister from August 2015 to July 2016, at his office in Jakarta on Thursday.

He said there was a lot of work left to be done related to the takeover of the OSS system from the Office of the Coordinating Economic Minister, such as reorganizing the board to coordinate his office with regional governments and ministers.

For that, the BKPM's newly appointed deputy for investment promotion affairs Andi Maulana said after the takeover scheduled for November, the board was expected to function normally again, including intensifying investment promotion abroad.

“We plan to intensify our investment promotion, including to non-traditional countries such as Russia and countries in the Middle East," he said, adding that investors from Russia and the Middle East had started investing in Indonesia but used an indirect path via Singapore.

"They are seeking a direct path to Indonesia. There were some events organized by the chamber of commerce [Kadin], but it has not been effective yet," Andi said. (bbn)