Govt to Accomplish Mission in Revising Investment Negative List

TEMPO.CO, Jakarta - The government’s motive to revise the regulation on the Investment Negative List (DNI) has been called into question. Investment Coordinating Board (BKPM) chairman Franky Sibarani said that there was a special mission related to the DNI review conducted by his institution.

“There is a special mission, which is to provide a bigger opportunity for investors without neglecting domestic potentials and capabilities, including job opportunities,” Franky said in a press release on Saturday, October 31, 2015.

The regulation on the DNI is set forth in Presidential Regulation No. 39/2014 on the list of business sectors that are closed to and opened to investments. The Maritime and Fisheries Ministry earlier proposed that the domestic business owners must be given an opportunity to catch fishes.

The discussion about the DNI was to be focused on the national interest, including job opportunities for two million people per year. Franky said that the labor-intensive sector was one of the prioritized sectors to be boosted.

The BKPM recorded that the investment realization in the period of January-September 2015 had managed to absorb more than one million workers, increasing by 10.4 percent when compared to the same period last year. In the labor-intensive sector, the investment realization declined by 12.9 percent from Rp47.7 trillion (US$3.4 billion) to Rp41.5 trillion (US$2.9 billion).

AMIRULLAH