The Indonesian Chamber of Commerce and Industry (Kadin) has officially established a working group (Pokja) aimed at assisting the government in accelerating investment realization. This initiative is also intended to achieve the economic growth target of 8 percent.
This announcement was made by Akhmad Ma'ruf Maulana, the Deputy Chairman for Special Economic Zones (KEK), Industrial Zones, and National Strategic Projects of Kadin Indonesia, following a Coordination Meeting (Rakor) held at the Kadin Tower in Jakarta.
"The Rakor addressed issues concerning the business sector, particularly those involved in industrial zones, special economies, and national strategic projects outside the state budget," Akhmad stated on Friday, December 6, 2024.
Akhmad further explained that during this Rakor, the Pokja was established to oversee all investments and licensing processes across various ministries.
"Today, the Pokja was formed with the objective of expediting investment realization, as the economic growth target for the next five years is set at 8 percent," he elaborated. Akhmad also noted that the realization of investments in industrial zones has reached Rp 68 trillion to date.
"We will ensure that the realization proceeds swiftly; all stakeholders, including those involved in national strategic projects and KEK, are fully engaged. We sincerely hope that the government will facilitate and expedite these processes," he concluded.
This working group comprises various relevant ministries, including the Ministry of Investment and Downstream Industry/Investment Coordinating Board (BKPM), the Coordinating Ministry for Economic Affairs, the Ministry of Industry, the Ministry of Forestry, the Ministry of Transportation, and the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN). Meanwhile, Noor Fuad Fitrianto, the Director of Service and Area Planning at the Ministry of Investment and Downstream Industry/BKPM, stated that his agency supports the establishment of this working group.
"The Ministry of Investment and Downstream Industry BKPM fundamentally supports this initiative, as the acceleration and formation of this working group are expected to serve as tools and instruments for expediting business licensing," he explained.
He further noted that the acceleration of business licenses will ultimately encourage the realization of investments, thereby supporting national economic growth.
"If there is an acceleration in business licensing, it will also expedite the realization of investments, which is a key expectation. The presence of investments will undoubtedly contribute to economic growth," he added. (ferry@insightinnews.com)