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BKPM Targets Investment Realization of Rp631.5 tn in 2017

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14 June 2016 10:02 WIB

Franky Sibarani, head of the Investment Coordinating Board (BKPM). TEMPO/Wisnu Agung Prasetyo

TEMPO.CO, Jakarta-The Investment Coordinating Board (BKPM) is aiming to achieve investment realization of Rp631.5 trillion in 2017.

In a hearing with the Commission VI of the House of Representatives in Jakarta on Monday, June 13, 2016, the Chairman of BKPM Franky Sibarani said his office will improve the quality and quantity of activities to boost both domestic and foreign investment.

The activities include developing online investment service system, enhancing infrastructure of one-stop integrated service (PTSP Pusat), and mapping investment potential to boost investment in strategic sectors.

“The steps to be taken in order to boost investment include improvemet of investment permit, among others, three-hour licensing service, KLIK [simplicity in direct investment for the construction sector], and green line acceleration,” he said.

Franky said that one of the main issues for investors in Indonesia is the perception about difficulty to obtain permit. Therefore, his office is actively disseminating the ease of service provided in the PTSP Pusat.

He is optimistic that BKPM will achieve the investment realization target next year since the investment realization in the first quarter of 2016 reached Rp146.5 trillion, or 24.6 percent of the this year’s target of Rp594.8 trillion.

“Considering the positive achievement in the first quarter this year, we are optimistic about achieving investment realization target this year,” he concluded.

ANTARA



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