Bandung (ANTARA) - (Acting) Governor of West Java Bey Triadi Machmudin said that the investment licensing process in West Java could be completed in a maximum of 30 minutes, as desired by President Joko Widodo to boost investment in the region.

"Yes, it must be possible, there are indeed notes, but we have to get there, the process should ideally take 30 minutes as directed by the president," said Bey in Bandung, West Java, Tuesday.

With the shorter investment licensing process which is almost certainly accompanied by cuts to requirements such as environmental impact analysis (AMDAL), Bey said that this procedure will still exist even with a follow-up document system.

If one of the procedures does not pass, even if it is a follow-up document, such as an Amdal document, Bey said that his party will revoke the investment permit.

"So it could be an amdal, to set up a company, for example the system is established first, later the amdal still has to be included, so the permission is verbal but the amdal still cannot be passed. If the amdal is not passed it will definitely be revoked," he said.

Previously, President Joko Widodo reminded regional heads to be able to attract as much investment as possible, one of which is by making it easier to manage permits. For example, the United Arab Emirates (UAE), he said, is able to facilitate permits in just 30 minutes.

"Don't leave it for months. The permission is so that ladies and gentlemen know. In the United Arab Emirates, it doesn't take 30 minutes for it to be finished, it's finished. There aren't 30 minutes for it to be finished, it's finished," said President Jokowi when giving directions at the State Palace at the end of October. . The West Java Investment and One-Stop Integrated Services Service (DPMPTSP) itself noted that investment realization in West Java up to the third quarter of 2023 had reached 81.5 percent of the target set by the Indonesian Ministry of Investment/BKPM of IDR 188.03 trillion.

Head of West Java DPMPTSP Nining Yulistiani said that during the third quarter of 2023, namely July to September, West Java investment realization reached IDR 49.5 trillion.

"The achievement of West Java Investment realization in the third quarter according to what was released yesterday by BKPM on October 20 2023, cumulatively from January to September 2023, reached IDR 153.2 trillion, which means 81.5 percent of the investment target imposed on West Java has been achieved amounting to IDR 188.03 trillion," said Nining in his voice message in Bandung.

Nining said that investment realization in the third quarter of 2023 amounted to IDR 153.2 trillion, up to 19.4 percent higher than in 2022 in the same period which reached IDR 128.3 trillion.

(SOURCE)