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Jakarta Post

BKPM, SOE Ministry join forces to facilitate government’s priority projects

  • News Desk

    The Jakarta Post

PREMIUM
Jakarta   /   Tue, March 31, 2020   /  02:16 pm
The Jakarta Post Image
Mobility mogul: President Joko “Jokowi” Widodo inspects the construction of the Jakarta-Bandung semi-high-speed railway and the Greater Jakarta LRT projects after attending the opening of the Jakarta Cikampek elevated toll road in Bekasi, West Java, on Dec. 12, 2019.(JP/Seto Wardhana)

The State-Owned Enterprises (SOE) Ministry and the Investment Coordinating Board (BKPM) have agreed to join forces to ensure the government’s priority projects continue amid the coronavirus pandemic. Under the memorandum of understanding (MoU) on the cooperation, which was signed by SOEs Minister Erick Thohir and BKPM chairman Bahlil Lahadalia in Jakarta on Monday, the two agencies agreed to help each other in realizing the government’s projects, including those carried out by the country’s state-owned companies. The SOE Ministry and the BKPM agreed, for example, to exchange information and data related to investment projects, as well as to ease the issuance of required permits so that the projects could be implemented according to the plan. The two institutions also agreed to a joint promotion to promote investments that could involve the state-owned companies...