Delegation of Energy and Mineral Resources Business Licensing Authorities to BKPM

Though late to become a truly operational reality, Integrated One Door Service - or ‘PTSP’ - Centers [‘streamlined’ licensing centers] have been the subject of numerous Ministerial regulations that delegate licensing authorities to the Head of the Capital Investment Coordinating Board, or ‘BKPM’, which will operate the Centers.

In this case, Minister of Energy and Mineral Resources Regulation No. 5 of 2010 delegates the Ministry’s authorities around issuing foreign investment business licenses to the Head of the BKPM. The Attachments specify the list of licenses whose issuance is delegated to BKPM.

As with other structurally-similar Ministerial regulations, the regulation requires the BKPM to not only notify the Ministry of Energy and Mineral Resources about each license issued with the delegated authority, but to also submit an annual report accounting for the year’s licensing activities.

Meanwhile, any license issued must take account of the Negative Investment List (i.e., closed, or conditionally-open investment sectors) and any prevailing Ministerial licensing guidelines and regulations. 

This Regulation has been in force since 29 January 2010.

For further reading, see also:

ILB No. 1133 2/7/2009 on One Door Service Centers

ILB No. 1303 5/2/2010 on Delegation of Forestry Business Licensing Authorities

ILB No. 1295 1/2/2010 on Delegation of Business Housing Licensing Authorities.

ILB No. 1277 14/1/2010 on Delegation of Authorities to the Investment Coordinating Board.