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Jakarta Post

Investment board to take over OSS operations in January

  • Riska Rahman

    The Jakarta Post

Jakarta   /   Wed, November 28, 2018   /   08:03 am
Investment board to take over OSS operations in January The head office of the Investment Coordinating Board (BKPM) is located in Jakarta. ( Fauzi)

The Investment Coordination Board (BKPM) is preparing personnel and infrastructure to take over the online single submission (OSS) system currently being operated by the Office of the Coordinating Economic Minister.

Since it was launched in July, the office has been in charge of the operation of the web-based system to simplify business permit arrangements for companies in various sectors, excluding the financial and mining sectors because at that time, the BKPM was not ready to operate it.

“We’re currently in the process of creating a new division under the deputy of investment services in order to oversee the system. We are preparing human resources and IT infrastructure so we can operate the system in January,” said BKPM investment deregulation director Yuliot in Jakarta on Tuesday.

Secretary to the Coordinating Economic Minister Susiwijono said the office was in the process of upgrading the OSS system into the newest version in order to resolve various problems that had emerged during the operation of the OSS system.

The upgraded version was expected to be ready by the end of this year, he said, adding that once the new version had been completely upgraded and the BKPM was ready to take over, the Office of the Coordinating Economic Minister would hand over the OSS system.

Susiwijono said the BKPM would be responsible for the operational system of the OSS service, while the office would still be responsible for coordinating the relevant ministries and other government institutions to complete the regulatory reform, including to harmonize the remaining conflicting regulations in each institution. (bbn)