JAKARTA, KOMPAS.com - Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani said that during the Advanced Indonesia Cabinet or the second period of President Joko Widodo's (Jokowi) administration, investment in the country was able to absorb 7,188,479 workers.

Rosan said, on average every year 1,437,695 workers are absorbed due to investment realization. "In terms of job creation, the total employment absorption during the Advanced Indonesia Cabinet is also 7,188,479 workers in Indonesia or the average per year is approximately 1,437,695 (absorbed labor)," said Rosan when giving a speech at 2024 Investment Service Award event in Jakarta which was broadcast online on Monday (30/9/2024).

"Because we know that job creation is our task or challenge which we must carry out continuously," he continued. Rosan also said that by the end of September 2024, Indonesia's investment achievement is estimated at IDR 6,350 trillion.

This achievement is the realization of investment during the second period of President Jokowi's administration. "We can say that during the Advanced Indonesia Cabinet period (2019) until June 2024, there was investment realization of IDR 5,931.3 trillion, which is estimated by the end of September 2024 to reach IDR 6,350 trillion," said Rosan.

Based on these achievements, according to him, there has been an increase in investment achievements of 90.2 percent since 2019. Meanwhile, according to the government's average calculations, there is investment growth of 18 percent per year.

Rosan said that the achievement of investment realization shows that the policies issued by the government have been well responded to by the public and the market. "So based on the distribution of this investment, since 2020 more of it has been outside Java," said Rosan.

Meanwhile, in terms of risk-based business licensing services, there are 10,382,846 business identification numbers (NIB) issued by the government in 2921-2024 through the online single submission (OSS) system. "This also shows that business licensing is easier and also provides greater certainty and the majority of the permits we give are to small and medium businesses," said Rosan.

However, continued Rosan, the ease of issuing business permits has not yet occurred for medium and large businesses. The reason is that medium and large businesses require a longer verification process. Involves ministries, institutions, regional governments and there are a number of other technical requirements.

So Rosan asked all related parties to improve regulations to speed up licensing services. "We need, in our opinion, to increase investment competitiveness, improve regulations and improve services and accelerate licensing in accordance with authority at both the central and regional levels," he said.

"On this occasion we also appeal and convey to all government ministries and institutions, provincial governments, district governments, city governments to provide the best service," added Rosan.

(SOURCE)