BKPM Launches Easy Investing Service

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The Investment Coordinating Board (BKPM) has launched two investment services for the convenience of investors. The first service is called KLIK, which is short for Kemudahan Investasi Langsung Konstruksi, a.k.a. simplicity in direct investment for the construction sector. The second is a three-hour service for permit upgrade in the infrastructure sector.
In the launching ceremony at the Mercure Hotel in Jakarta, Monday, February 22, BKPM chief Franky Sibarani said the KLIK facility is a convenience provided by the government to companies willing to invest in specific areas. There are 14 industrial areas in six provinces and nine regencies/cities established to implement this service. The areas cover 10,022 hectares of effective land from a total land size of 17,154 hectares.
With KLIK, Franky said, investors can immediately build their projects after obtaining the principle license.
The launching ceremony was also attended also by officials from relevant ministries including the Public Works and Public Housing Ministry, the Energy and Mineral Resources Ministry, the Transportation Ministry, and the Ministry of Communication and Information. Also present were officials from the Attorney General, the Indonesian National Police, and representatives from provinces associated with the KLIK program: North Sumatra , Banten, West Java, Central Java, East Java, and South Sulawesi.
In a press conference held at the same day, Franky said the investment facilities are given as a way to enhance Indonesia’s competitiveness and help meet the government’s investment target of Rp 594.8 trillion in 2016.
Questions & Answers
Q.What are the two new investment services launched by BKPM?
What are the two new investment services launched by BKPM?
The Investment Coordinating Board (BKPM) has launched KLIK, which simplifies direct investment in the construction sector, and a three-hour service for permit upgrades specifically for the infrastructure sector. These initiatives aim to make investing more convenient for businesses.
Q.Which specific areas are eligible for the new KLIK investment facility?
Which specific areas are eligible for the new KLIK investment facility?
The KLIK facility can be utilised in 14 industrial areas across six provinces and nine regencies/cities. These areas collectively offer 10,022 hectares of effective land, simplifying direct investment for construction projects within them.
Q.What is the primary benefit for investors using the KLIK facility?
What is the primary benefit for investors using the KLIK facility?
Investors using the KLIK facility can begin constructing their projects immediately after securing their principle licence. This aims to streamline the development process, as stated by BKPM chief Franky Sibarani during the launch event.
Q.What is the government's aim in introducing these new investment facilities?
What is the government's aim in introducing these new investment facilities?
These investment facilities are designed to enhance Indonesia's competitiveness in the global market. They also aim to help the government achieve its ambitious investment target of Rp 594.8 trillion for the year 2016.
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