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Ada Pertanyaan? Hubungi Kami Ari Pramuditya, Fitri N. Heriani
BKPM's Office. Photo by: RES.
At the beginning of 2016, the Investment Coordinating Board (“BKPM”) officially launched its new three-hour investment service as part of the government's efforts to simplify licensing procedures. To date, the new rapid investment service has helped 14 companies, who are in turn employing 10,032 members of the Indonesian labour force and who have posted a total investment value of IDR 50.7 trillion.
The 14 companies in question comprise of businesses working in nine sectors which have previously utilized the three-hour investment service. These nine sectors include real estate, industry, hydropower, downstream minerals, port services, cattle farming, electrical appliances, coal-based power generation, nickel-ore mining, and waste processing.
The licenses offered to investors via the three-hour investment service comprise of investment licenses, Taxpayer Identification Numbers (NPWP), deeds of establishment and approvals from the Ministry of Justice and Human Rights, Company Registration Certificates (TDP), Licenses for the Hiring of Foreign Workers (IMTA), Foreign Labor Employment Plans (RPTKA), Producer-Importer Identification Numbers (API-P), and Customs-Identification Numbers (NIK).
Head of the BKPM, Franky Sibarani, stated that in January 2016 alone seven companies had utilized the three-hour investment licensing service. The investors in question are from Malaysia, Singapore, Saudi Arabia, the United Kingdom, Belgium, China, the United Arab Emirates, and the United States. One domestic investor has also utilized the three-hour investment service.
“Hitherto, the total investment value realized through the three-hour investment service amounts to approximately IDR 50 trillion and encompasses plans to employ 10,000 people,” Mr. Sibarani explains in a press release received by hukumonline on Saturday, 30 January 2016.
According to Sibarani, the employment of 10,000 members of the Indonesian labor force is in line with the original purpose of the three-hour investment service, which is to support labor-intensive investment. A number of labor-intensive companies have already utilized the service and are employing over 1,000 workers each, while several capital-intensive companies have invested over IDR 100 billion a piece.
When the rapid development of investment within Indonesia is taken into account, Mr. Sibarani anticipates that the quality of the country’s investment services will show rapid improvement. “It is expected that more investors will in time utilize the three-hour investment service facility,” Mr. Sibarani concluded.
(rfs/sp)
Ari Pramuditya, Fitri N. Heriani
BKPM's Office. Photo by: RES.
At the beginning of 2016, the Investment Coordinating Board (“BKPM”) officially launched its new three-hour investment service as part of the government's efforts to simplify licensing procedures. To date, the new rapid investment service has helped 14 companies, who are in turn employing 10,032 members of the Indonesian labour force and who have posted a total investment value of IDR 50.7 trillion.
The 14 companies in question comprise of businesses working in nine sectors which have previously utilized the three-hour investment service. These nine sectors include real estate, industry, hydropower, downstream minerals, port services, cattle farming, electrical appliances, coal-based power generation, nickel-ore mining, and waste processing.
The licenses offered to investors via the three-hour investment service comprise of investment licenses, Taxpayer Identification Numbers (NPWP), deeds of establishment and approvals from the Ministry of Justice and Human Rights, Company Registration Certificates (TDP), Licenses for the Hiring of Foreign Workers (IMTA), Foreign Labor Employment Plans (RPTKA), Producer-Importer Identification Numbers (API-P), and Customs-Identification Numbers (NIK).
Head of the BKPM, Franky Sibarani, stated that in January 2016 alone seven companies had utilized the three-hour investment licensing service. The investors in question are from Malaysia, Singapore, Saudi Arabia, the United Kingdom, Belgium, China, the United Arab Emirates, and the United States. One domestic investor has also utilized the three-hour investment service.
“Hitherto, the total investment value realized through the three-hour investment service amounts to approximately IDR 50 trillion and encompasses plans to employ 10,000 people,” Mr. Sibarani explains in a press release received by hukumonline on Saturday, 30 January 2016.
According to Sibarani, the employment of 10,000 members of the Indonesian labor force is in line with the original purpose of the three-hour investment service, which is to support labor-intensive investment. A number of labor-intensive companies have already utilized the service and are employing over 1,000 workers each, while several capital-intensive companies have invested over IDR 100 billion a piece.
When the rapid development of investment within Indonesia is taken into account, Mr. Sibarani anticipates that the quality of the country’s investment services will show rapid improvement. “It is expected that more investors will in time utilize the three-hour investment service facility,” Mr. Sibarani concluded.
(rfs/sp)