BOGOR - The Bogor City DPRD together with the Bogor City Government adopted the Draft Regional Regulation on Providing Incentives and Facilitation of Investment into a regional regulation at the plenary meeting, Tuesday (8/10/2024).

"This Draft Regional Regulation has received facilitation from the Regional Secretariat of West Java and has made improvements in terms of consideration, weighing, legal basis and body in accordance with the latest statutory provisions," said the Spokesperson for the Regional Regulation Formation Agency (Bapemperda) of the Bogor City DPRD, Eka Wardhana in press release, Wednesday (16/10/2024).

Eka explained that this draft regional regulation is intended to create legal certainty and as a guideline for providing incentives and facilitating investment to increase investment and equal development in the regions. "We hope that with this Draft Regional Regulation, economic growth in Bogor City can increase accompanied by the creation of new jobs," he said.

Responding to the Bapemperda report, Acting Mayor of Bogor Hery Antasari expressed his thanks to the leadership and members of the DPRD. According to him, the presence of this regional regulation is expected to provide legal certainty. It is also used as a guideline for prioritizing the provision of incentives and/or facilitating investment for certain types of businesses or certain activities, such as micro businesses and cooperatives.

"This draft regional regulation is expected to create attraction or stimulate more investors to invest in the city of Bogor in order to create a competitive investment climate, increase access and economic capabilities," he said.

After listening to the Bapemperda report and the response from the Acting Mayor of Bogor, the Chairman of the Bogor City DPRD, Adityawarman Adil, made the decision to adopt the draft regional regulation as a regional regulation based on the approval of all members of the Bogor City DPRD who were present at the Plenary Meeting. "We ask the Bogor City Government to immediately formalize and compile a Perwali as a technical guideline for implementing regional regulations," he said.

(SOURCE)