JAKARTA - Investment achievements in Indonesia are said to have reached IDR 6,931 trillion by June 2024. Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani explained that this figure was achieved during the Advanced Indonesia Cabinet period or the second period of the Jokowi administration.

In the 2024 Investment Service Award event with the theme One Stop Integrated Service Performance and Accelerated Business Implementation Performance which was held on Monday (30/9/2024), Minister Rosan projected that the value of investment in Indonesia would continue to increase.

According to him, the achievement of this investment realization shows that the policies issued by the government were responded to positively by investors, and what is even more interesting is that during this period the investment invested was spread not only on the island of Java, in fact it was mostly outside Java.

"This is an increase of approximately 18% every year. And this is an increase in investment of 90.2% compared to 5 years ago," said Minister Rosan.

"We know that we have to continue to make improvements, reform policies, policies and regulations in order to improve our investment climate. Moreover, with the Ciptaker Law which has provided cover, we have become more open," he added.

It was further stated that apart from the large investment value, the Ministry of Investment/BKPM also recorded a workforce absorption of up to 7,188,479 people or an average of 1,437,695 people per year. On the other hand, the risk-based business permits that we have issued from 4 August 2021 - 27 September 2024 contain 10,382,846 Business Identification Numbers (NIB).

"We issue the NIB through an online single submission system. This also shows that business licensing is easier and provides certainty, and the majority of permits we give are to SMEs," explained Minister Rosan.

Rosan also emphasized to all relevant parties related to investment licensing to be more synergistic in providing certainty to the business world in order to create a good investment climate in Indonesia. He also hopes that all parties can improve investment services more than before.

"We need to increase investment competitiveness, improve regulations, improve services, and accelerate business licensing in accordance with authority at both the central and regional levels. So we ask for cooperation, synergy, from all related parties related to investment licensing," he concluded.

(SOURCE)