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BKPM opens command center to speed up license issuance
The Command Center for the Operation and Monitoring of Investment, which was launched on Monday, provides real-time information regarding the issuance of licenses to investors.
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A PT Nestlé Indonesia factory in Karawang West Java is seen from the air. In 2019, the company expanded its presence in the country, namely in Karawang, Kejayan, East Java and Bandar Lampung with a total investment of $100 million (Rp 1.4 trillion). (Handout/Nestle)
T
he Investment Coordinating Board (BKPM) has launched a command center to monitor the issuance of licenses in related government offices and help the board expedite the process.
The Command Center for the Operation and Monitoring of Investment, which was launched on Monday, provides real-time information regarding the issuance of licenses to investors. This includes daily statistics of license issuance, recapitulation of license issuance by ministries and companies’ end-to-end licensing status, BKPM chairman Bahlil Lahadalia said during an online press conference that followed the opening of the center.
“With this command center, we can determine the problems in the issuance of the licenses. Insya Allah [God Willing] with our new authorities, BKPM will improve the speed, certainty and efficiency of licensing processes,” he said at the command center in Jakarta.
Since Presidential Instruction (Inpres) No. 7/2019 on the improvement of the ease of doing business (EODB) was introduced on Nov. 22 of last year, BKPM has had the authority to take over business permits from ministries and other government institutions to attract investment.
The Inpres also designates the BKPM as the authority in evaluating and making recommendations regarding policies in ministries and government institutions that are deemed unfavorable to investors.
Bahlil said the command center provided accountability to the public and investors regarding the country’s licensing processes and hoped that it would help boost Indonesia’s rank on World Bank’s EODB index, which is currently 73rd.
“The BKPM will provide up-to-date data to the public and investors regarding all licensing matters through this command center to improve our EODB rank,” he said.
