Illustration (Photo:Medcom.id/M Rizal)
Illustration (Photo:Medcom.id/M Rizal)

Jokowi Says BKPM Should Be All Out to Fulfill Investors' Requirements

English indonesian economy (en)
Antara • 30 Juni 2020 20:41
Jakarta: President Joko Widodo (Jokowi) has instructed Investment Coordinating Board (BKPM) Head Bahlil Lahadalia to leave no stone unturned in catering to all requirements of investors in Indonesia.
 
"If the (process to obtain) permit is difficult, I will order the head of BKPM to handle it from A to Z and complete all necessary requirements, so that investors feel they are served well. This is very important," President Jokowi stated at the integrated industrial zone of Batang, Central Java, on Tuesday.
 
In addition to reviewing the venue, President Jokowi is scheduled to witness a presentation on redirecting foreign investment to Indonesia.

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"I have ordered the minister and the head of BKPM to offer the best possible services to industries that will relocate from China to Indonesia, as well as from Japan, Korea, Taiwan, and the US," he noted.
 
Jokowi especially laid emphasis on two types of services, notably those concerning permits and land availability.
 
According to the head of state, of the total four-thousand-hectare Batang industrial area, work on 450 hectares was already complete.
 
The best services are crucial since the projects will create job opportunities, he noted.
 
Minister of State Enterprises (SOEs) Erick Thohir noted that the Batang industrial zone entirely came under state-owned plantation company PT Perkebunan Nusantara (PTPN) IX.
 
"Hence, no problems should be encountered concerning relocation and the licensing process, as everything comes under the authority of PTPN IX. Moreover, we are keen to integrate the Brebes, Kendal industrial area, and no less important the Borobodur tourism area. The Batang industrial zone is part of the efforts to develop manufacturing centers of industrial zones on Java Island that include Cikarang-West Java, Gresik-East Java, and the consolidation of three industrial areas in Central Java as a hub," Thohir explained.
 
Seven companies have, until now, confirmed to relocate to and join the Batang Industrial zone.
 
The seven companies are PT Meiloon Technology Indonesia from Suzhou, China; PT Sagami Indonesia from Shenzhen, China; PT CDS Asia (Alpan) from Xiamen, China; PT Kenda Rubber Indonesia from Shenzen; PT Denso Indonesia from Japan; PT Panasonic Manufacturing Indonesia from China; and PT LG Electronics Indonesia from South Korea.
 
In addition to the seven companies, other 17 firms intend to relocate their industries to Indonesia, with investment totaling US$37 billion and would provide employment to an estimated 112 thousand people. (antara)

 

(WAH)

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