BKPM Targets Rp631.5 Trillion Investment in 2017

Jakarta, InfoPublik – Indonesia Investment Coordinating Board (BKPM) raised the investment target into Rp631.5 trillion next year.

BKPM Head Franky Sibarani, Tuesday (6/14) explained the measures taken to achieve the target, among other is developing online investment service system and adding facilities and infrastructure to support One Stop Service (OSS) center. In addition, developing potentials mapping to develop investment in strategic sectors and ad serving information regarding the obligation to submit the report of investment liabilities for companies.

Moreover, BKPM also conducting information branding as investment objectives. '' We are also improving investment licensing services such as 3 hours investment licenses, the ease of direct investment construction (KLIK), and green line acceleration,'' said Franky.

In addition to improving licensing services, BKPM also organizes various programs such as debottlenecking, providing incentives and additional product coverage in the tax allowance for labor-intensive investors, as well as improving the investment climate through improved convenience.

Furthermore, KLIK is expected to continue to develop in 2017. He outlined that currently only 14 industrial areas and 43 projects that implement KLIK facilities. (Translator: Wilda Stiana)