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© 2015 by Indonesian Investment Coordinating Board. All rights reserved

Regulation and Incentives for Foreign Investment in Maritime Sector Tamba P. Hutapea Deputy Chairman of Investment Planning Indonesia Investment Coordinating Board

Hamburg-Republic Federal of Germany June 1st 2015

The Investment Coordinating Board of the Republic of Indonesia

2

World’s Most Populous Country 4th

255 million population (in 2015, projected by BPS)

17,508 islands Biggest Archipelagic Nation

16th World’s Largest Economy

G20 Member State

1trillion USD GDP (PPP) 4,876

USD GDP per capita (PPP)

“Investment Grade” (Moody’s, Fitch and R&I)

I N D N E S I A

(World Bank, 2014)


3

Indonesia in ASEAN ASEAN is the third largest market in Asia, after China & India. Indonesia represents:

40% of ASEAN population

38% of ASEAN’s economy

Source: IMF, 2014


4

Investment Performance

Total Direct Investment Realization Based on Capex (USD Billion) in 2010-2014, not including financial, oil & gas sectors

2010 2011 2012 2013 2014

FDI DDI Target

Source: BKPM, 2015

Average 2010-2014 Share of FDI: 69% Share of DDI: 31% Growth: 22.4%

2010 2011 2012 2013 2014 Total

Foreign DI 16.2 19.5 24.6 28.6 29.2 118.1

Domestic DI 6.7 8.4 10.2 13.6 14.9 53.9

FDI & DDI 22.9 27.9 34.8 42.2 44.1 172.0

Target 17.2 26.7 31.5 41.3 43.5 160.2

% Achieved 133.23% 104.71% 110.48% 102.13% 101.42% 107.00%

70.7% 67.3% 69.8% 70.6% 67.8%

29.3%

32.7%

30.2%

29.4%

32.2%

• 2005-2012, Exchange Rate USD1 = Rp 9,000 • 2013 (Q I and Q II), Exchange Rate USD1 = Rp 9,300 (based on National Budget/APBN 2013) • 2013 (Q III and Q IV), Exchange Rate USD1 = Rp 9,600 (based on National Budget/APBN 2013) • 2014 (QI-QIII) Exchange Rate USD1 = Rp 10,500 (based on National Budget/APBN 2014) • 2014 (QIV) Exchange Rate USD1 = Rp 11,600 (based on National Budget/APBN-P 2014)

INVESTMENT REALIZATION IN Q1/2015 TOTAL: 10 Billion USD FDI: 6.6 Billion USD DDI: 3.4 Billion USD


5

Investment Realization Target for 2015 – 2019 (In USD Billion)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

FDI 16,2 19,5 24,6 28,6 28,3 28,9 32,5 36,3 41,6 47,9

DDI 6,7 8,4 10,2 13,5 15,2 14,8 17,5 20,7 25 30,5

22.9 27.9

34.8 42.1 43.5 43.7

50.0 57.0

66.6

78.4

0

10

20

30

40

50

60

70

80

90 Investment Target

Note: Kurs 2015-2019: 1 USD = Rp. 12.000 (RAPBN 2015)

Note: Kurs 2010-2012: 1 USD = Rp 9,000; Kurs 2013: 1 USD = Rp. 9,450; Kurs 2014: 1 USD = Rp 10.500 *) Asumption: 2014 target is achieved

2015-2019

Growth average: 15,1%

Source of investment

FDI : 63,6%; DDI : 36,4%

Sector

Primer : 15,7%; Secondary : 53,5%; Tertiary: 30,8%

Location

Java : 46,5%; Outside Java: 53,5%

2010-2014

Growth average: 28,3%

Source of investment

FDI : 69,0%; DDI : 31,0%

Sector

Primary: 21,8%; Secondary : 41,8%; Tertiary: 36,4%

Location

Java : 59,4%; Outside Java : 40,6%


6

Rank BUSINESS FIELD (USD MILLION) 2010 2011 2012 2013 2014 Q1-

2015 TOTAL

PERCENTAGE

1 Transport Equipment and Other Transport Industry 131.6 133.3 35.3 7.1 0.0 - 307.4 60.6%

2 Chemical and Pharmaceutical Industry 0.3 1.9 3.6 8.1 29.9 5.4 49.3 9.7%

3 Metal, Machinery and Electronic Industry 7.7 5.2 7.4 8.5 4.0 4.9 37.7 7.4%

4 Trade and Reparation 8.4 1.4 12.1 11.0 2.6 0.3 35.8 7.0%

5 Services 2.6 1.3 1.6 9.0 8.1 - 22.7 4.5%

6 Others 7.0 14.8 15.8 9.7 5.4 1.8 54.6 10.8%

Total 157.6 158.1 75.8 53.3 50.2 12.3 507.3 100.0%

Total 2010-(Q1) 2015 Realization: Plan: USD 1.1 Billion USD 0.51 Billion Investment Rate; 45.5%

Source: BKPM, 2015.


German’s FDI Realization by Sector Based on Capex (USD Million) in 2010 - (Q1) 2015, not including financial, oil & gas sectors

54

188

103 76

140

555

158

158 76 53

50 12

2010 2011 2012 2013 2014 Q1 2015

Investment Plan

Investment Realization

2%

84%

14%

Primary

Secondary

Tertiary


7 Source: BKPM, 2015.

Jakarta


German’s FDI Realization by Location Based on Capex (USD million) in 2010-2015, not including financial, oil & gas sectors

Rank Economic Corridor

2010 2011 2012 2013 2014 Q1-2015 Total

1 Java 151.2 149.2 62.4 47.1 45.7 12.0 467.5

2 Bali and Nusa Tenggara

4.9 5.9 2.7 0.3 4.4 0.0 18.4

3 Sumatera 1.2 3.0 6.3 5.9 0.0 0.4 16.9

4 Kalimantan 0.0 0.0 4.3 0.0 0.0 0.0 4.3

5 Sulawesi 0.3 0.0 0.0 0.0 0.0 0.0 0.3

6 Papua and Maluku

0 0 0 0 0 0

Total 157.6 158.1 75.8 53.3 50.2 12.3 507.3

Java; 92,20%

Outside Java; 7,80%


8

Investment Strategic Plan 2015-2019

Investment Priority Sectors

Power Generation 35 GW new

projects

7 GW projects in

the pipeline

Labor-intensive industry

Textile Food &

Beverages Furniture Toys

Import-substitution industry

Chemical & Pharmaceutical

Iron & Steel

Export-oriented industry

Electronics CPO &

derivative products

Wood products, pulp

& paper Automotive

Machinery Rubber

products

Fish & derivative products

Shrimp

Downstream industry of natural resources

Cacao Sugar Smelter

MARITIME SHIPPING SHIP

BUILDING SEA PORT

COLD STORAGE

ICT FOR MARITIME

Tourism 16 Strategic

tourism areas MICE


9

• Increasing CAPACITY OF FACILITIES AND INFRASTRUCTURE transport and integration of multimodal and intermodal transport system

• Increasing SERVICE PERFORMANCE and national transport industry

• Increasing SAFETY AND SECURITY transport service

•Decreasing Green House Gas EMISSIONS in transport sector

•Providing TRANSPORTATION services for all layers

2015-2019 Target Strengthening National Connectivity

1

2

3

4

5

National Transportation Plan

infrastructure supported by COOPERATION

BETWEEN GOVERNMENT AND BUSINESS/PRIVATE

availability of infrastructure in accordance

the spatial plan by the growth of TRANSPORTATION INFRASTRUCTURE

NETWORK

Maritime Policy

Source: Ministry of Transportation


10

Port Reformation in Indonesia (Based on the Shipping Law No. 17/ 2008)

Maritime Policy



11

Secure Private Investment Appropriate Legal and Regulation Framework

Encourage Competition Ensure Safety and

Secure Port Operations

Empowerment of Port Authority and Port Management Unit

Planning Integration

Human Resources Development

Environment Protection

1

2

5

6

7 3

8 4

National Port Policy


Maritime Policy


12

Indonesia Port Structure

Maritime Policy

Total Ports & Terminals: 2459 1130 Non Commercial Ports

Managed by Government

111 Commercial Ports Operated by: - Indonesian Port Corporation I, II, III

& IV - BP. Sabang - BP. Batam

1218 Special Terminals / Dedicated Private Terminals (As of April 2015) For Mining, Oil&gas, Steam Power Plant, Forestry, CPO, Fishery, Industry, Tourism, & Shipyard



13

FEEDER PORTS

, among athers:

, each of them :

Sabang, Belawan, Dumai, Batam (3 terminal), Palembang, Panjang, Banten, Tanjung Priok, Cilamaya, Cilacap, Semarang, Tanjung Perak, Tanjung Bulu Pandan, Benoa, Socah, Teluk Lamong, Pontianak, Sampit, Banjarmasin, Tanah Ampo, Kupang, Balikpapan, Bitung, Makassar, Ternate, Pantoloan, Ambon, Sorong, Jayapura, Merauke

Malahayati, Tanjung Balai Asahan, Selat Panjang, Bengkalis, Tanjung Buton, Pekanbaru, Tanjung Batu, Tanjung Pinang, Jambi, Pangkal Balam, Tanjung Pandan, Bojonegara, Sunda Kelapa, Kep. Seribu, Tegal. Batang, Gresik, Sampang, Bima, Kumai, Pelaihari, Garongkong, Luwuk, Tangkiang, Nunukan, Tarakan, Samarinda, Maloy, Manado, Banggai, Bau-bau, Waingapu, Ende, Manado, Pare-Pare, Kendari, Biak, Manokwari, Fak-Fak

Susoh, Idi, Air Bangis, Serasan, Nipah Panjang, Malakoni, Bagan Siapi-Api, Toboali, Karang Agung, Teluk Betung, Brebes, Jepara, Tuban, Tuban, Buleleng, Sape, Reo, Lirung, Lawele, Jailolo, Sanana, Serui

TOTAL : 1241 PORTS

MAIN PORTS

COLLECTOR PORTS

BASED ON THE MINISTER OF TRANSPORTATION DECREE NO. KP. 414 YEAR 2013 ABOUT DETERMINATION OF NATIONAL

PORT MASTERPLAN AS AMEND BY THE MINISTER OF TRANSPORTATION DECREE NO. KP.725 YEAR 2014

Indonesia Port Hierarchy

Maritime Policy



14

Priority Business Fields For Investment: Indonesia Sea Toll Programs (24 Seaport, consist of 5 hub ports and 19 feeder ports)

Seven Business Priority for Investment

MARITIME LOGISTIC SECTOR REFORM TO SUPPORT “SEA TOLL” PROGRAM: 1. Port sector reform 2. Shipping sector reform 3. Dock yard sector reform

4. Navigation Aid sector reform 5. Logistic sector reform 6. Maritime education sector reform

Source: Bappenas, 2015


15

Improvements of Licensing: Faster, Simpler, Transparent & Integrated

Delete, Combine, Simplify, and Delegate

Development of Investment Climate:

Providing fiscal and no fiscal facilities as well as establishing Special Economic Zones and Industrial Estates as investment destination

Debottlenecking of Investment Realization

1

2

3

Invest in Indonesia

Three BKPM’s Priorities As assigned by the President of RI

The Investment Coordinating Board of the Republic of Indonesia 16

OSS MUNI-

CIPALITY

Investors

Regional Licenses 1. IMB (Kab/Kota) 6. Permit use of genset 2. Environmental Permit 7. Lighting protection permits 3. Location Permit (Kab/Kota) 8. TDP 4. Permit use of boiler 9. Occupational health and safety permit 5. Permit use of lift

Location permit from OSS Province if the location is across regencies/municipalities

OSS PROVINCE

NATIONAL OSS

CENTER

Licenses issued by Ministries, Government Institutions & National Electricity Company

Invest in Indonesia

Integration of Licensing Service: One Stop Services

Faster, Simpler, Transparent & Integrated



17

Min of Forestry and Environment

OSS District/City

Investor

1. Principle License (IP) 2. APIP (Inatrade) 3. Import duty facility (DBC)* 4. NIK (DBC)* 5. Operating License

1. Borrow and Use Permit of Forest (IPPKH)

2. Indonesian Environmental Feasibility Assessment (AMDAL)

1. Technical consideration 2. Land acquisition (implementation) 3. Certification Min. of

Transportation

Regional Licensing

1. License for Construction and Operation Terminal for Public Use

2. Special Terminal Location Determination License

3. Special Terminal Determination License

4. License for Construction and Operation Terminal for Public Use

* Online by investor

BPN

1. Building and Construction Permit (IMB) 2. Environmental Permit 3. Location Permit 4. Company Registration Permit (TDP)

Regional Licensing

* Location permit from OSS Province if the project location is located across regencies/municipalities

OSS PROVINCE*

OSS CENTER

Integration of Maritime Sector Licensing Services in OSS Center

Challenges in Maritime Sector

1. Industrial Operating License 1. Business License Min of Industry

Min of Trade

For example in Power Plant Business Licensing: Before reform investors must come to each ministries and end-to-end time of licensing process in 930 days, after reform investors only come to OSS Centre and the time is 256 days.

Investor (Foreign/ Domestic)

Operating License (7 days)

Company legal entity and

Legalization (1 day)

Flowchart for Special Terminal Licensing and Terminal for Company Purpose

Tax number (1 day)

TDP

Location License

(14 days)

Land Technical Consideration

(SKPT) (7 days)

Borrow and Use Permit of

Forest (52 days)

Enviro Impact Study

(150 days)

Environment License

(10 days)

Head of Regency/Major

Recommendation

District Navigation Office

(....days)

Shahbandar Recommendation

(....days)

Special Terminal

Master Plan (14 days) Feasibility

Study

Last year Financial Report (7 days)

Survey result * (7 days)

*) Covers hydrooceanografy, topography, sea port benchmark location on geographical coordinate

Bank Ref. Asset > Rp. 50 Trillion

(1 day)

Land Rights (50 days)

Sea port/ Special Terminal Location Determination License

(5 days)

Building Construction License

(14 days)

Utility (Telephone and Water)

(14 days)

BPJS (1 day)

Konsultan (LH, Kemenhub, Keuangan)

Import Duty (7 days)

Shahbandar Recommendation

(....days)

Last two year Financial Report

(7 days)

Certificate 1) (...days)

License 2) (19 days)

1) Certificate of Availability for Qualified and Competent Workers in technical sea port operation

2) Special Terminal/ Sea Port Construction and Operation License

Study for Safety of Shipping includes Shipping Channel Result (30 days)

(3 days)

(14 days)

(150 hari kerja)

Foreign Worker obligation to report

(23 days)

Operating License activity for: -Mining; -Fisheries; -Energy; -Industry; -Forestry; -Tourism; -Agriculture; -Ship building Industry


19

Sea Port/ Special Terminal License Matrix Type of License / Non Licensing Institution SLA (Day)

Bu

sin

ess

Enti

ty Operating License PTSP BKPM 7

Company Legal Entity Ministry of Law &Human Right 1 Company Tax Number NPWP/NPPKP Tax Office, Ministry of Finance 1

Company Registration Permit (TDP) PTSP Regency/ Municipality 3

Sea

po

rt/

Spec

ial T

erm

inal

Lo

cati

on

Det

erm

inat

ion

Li

cen

se

Land Technical Consideration Ministry of Agraria/BPN 7

Site Location License PTSP Regency/ Municipality 14

Borrow and Use Permit of Forest (IPPKH) PTSP BKPM 52

Environmental Impact Assessment (ANDAL) Consultant 150

Environmental License Ministry of Environment and

Forestry 10

Head of Regency/Major Recommendation Regency/ Municipality 14 District of Navigation Office Ministry of Transportation ....................

Shahbandar Recommendation Ministry of Transportation ....................

Special Terminal Master Plan Head of Regency/ Mayor 14

Feasibility Study Consultant 150

Last Year Financial Report Public Accountant 7

Survey result covers hydrooceanografy, topography, sea port benchmark location with geographical coordinate

Consultant 7

National bank reference for companies with asset > Rp. 50 Trillion. Bank 1 Land right Ministry of Agraria/BPN 50 Sea port/ Special Terminal Location Determination License Ministry of Transportation 5

Co

nst

ruct

ion

Building Construction Permit PTSP Regency/ Municipality 14

Foreign worker obligation to report Man worker Service 23

Utility (water, telephone) Water Supply Company/

Telephone Company 14

BPJS Ketenagakerjaan dan BPJS Kesehatan BPJS 1 Import Duty Exemption for Capital Goods PTSP BKPM 7

Co

nst

ruct

ion

an

d

Op

erat

ion

Li

cen

se

Shahbandar Recommendation Ministry of Transportation ....................

Last two years audited financial report Public Accountant 7

Study for Safety of Shipping includes Shipping Channel Result Consultant 30

Certificate of Availability of qualified and competent Workers in technical sea port operation

Ministry of Transportation .....................

Sea Port/Special Terminal Construction and Operation License Ministry of Transportation 19

Total: 20 licenses and 9 non licenses requirement Total: 11 Organizations


20

List of Ministries/Agencies Involved In Maritime Sector


Shipbuilding Industry Sea Port

Ministry of Industry

Ministry of Trade

Ministry of Finance

Provincial Government

City/Municipality Government

Ministry of Transportation

Ministry of Finance

Ministry of Environment and Forestry

Ministry of Agraria/BPN

Provincial Government

City/Municipality Government


21

Ministry of Transportation License Simplification


Special Terminal Construction and Operation License

From 60 days, now 19 days

Special Terminal Location Determination License


Special Terminal Determination License


License for Construction and Operation Terminal for

Public Use



22

Improvements of Licensing:



Development of Investment Climate: Providing fiscal and no fiscal facilities as well as establishing Special Economic Zones and Industrial Estates as investment destination


1

2

3

Invest in Indonesia



23

Incentives Provided for Maritime Sector


100% foreign ownership

•Tax Allowance •Import Duty Facilities

(not available)

•49% foreign ownership for B to B

•95% foreign ownership for PPP Project

Import Duty Facilities

•Viability Gap Funding •Land Acquisition •Simplified Tender

Procedure

Ownership Relaxation

Investment Incentives

Special Incentives for PPP Infrastructure

Project


24

TAX HOLIDAY TAX

ALLOWANCE IMPORT DUTY

FACILITY

(Government Regulation No.18/2015) (MoF Regulation No.176/PMK.011/2009) (MoF Regulation No.130/PMK.011/2011)

143business segments Eligible for tax allowance, expanded from 129 segments in the previous regulation.

30 % of investment value Reduction of corporate net income tax for 6 years, 5% each year.

Under certain requirements among others: investment value or export orientation, menpower absorption, local content, and project location (especially outside Java island).

5-10 years Tax relief facility, starting from the commencement of commercial production.

Pioneer industry 1. Basic metal industries; 2. Oil refinery industries and/or basic

organic chemicals; 3. Machinery industries; 4. Industries of renewable resources; 5. Communication devices industries.

50 % for a further 2 years Reduction of income tax after the expiration of the tax holiday and can be extended by MoF.

IDR 1 trillion

Minimum investment plan (USD100 million).

Import duty on Machineries and Equipments, goods, and raw materials for production • Exemption of import duty on

machineries and equipments • 2 years exemption of import duty on

raw materials • Additional 2 years import duty

exemption for raw materials if company using locally-produced machineries and equipments (min 30%)

Which produces goods and/or services, including:

1. Tourism and culture 2. Public transportation 3. Public health services 4. Mining 5. Construction 6. Telecommunication 7. Port

Industries

Incentives


25

Government Guarantee and Support for Infrastructure Projects

PPP Infrastructure Project Offered to Private Sector

IMPROVEMENT ON INFRASTRUCTURE PROCUREMENT PROCESS To simplify the procurement procedures of PPP Infrastructure projects, The foreign companies or business entities are eligible to follow the tender without setting up a local company first in Indonesia. They may also enter into the tender in the form of consortium with local or international partner. However, once they are announced as the winning bidder, they have to set up an Indonesia business entity; Pre-qualifacilitation process now will only be repeated once. Procurement of land is also held by Contracting Agency prior to the inclusion of tender document.

GOVERNMENT GUARANTEE

Provided by Minister of Finance through Indonesia Infrastructure Guarantee Fund (IIGF)/PT Penjaminan Infrastruktur Indonesia (PT PII)

GOVERNMENT SUPPORT

Viability Gap Fund (VGF), Land Fund, Geothermal Fund, Permits and Licensing, Land acquisition, Use of State Assets, Feed in Tariff for renewables energy

PROJECT PREPARATION

Through PT. Sarana Multi Infrastruktur (PT. SMI) for preparing of pre-feasibility study; peparing of tender documents; providing assistance during the tender process; and providing support towards realization of financial close

FISCAL FACILITIES

1. Tax allowance are eligible to infrastructure and renewable energy; Tax Holiday are eligible to Oil Refinery project

2. Geothermal Fund 3. Feed in Tariff (Hydropower Energy, Solar Energy, and Solid Waste to Energy)


26

Medan

Kebun Sei Mangkei

Kuala Tanjung Economic Development Plan




27

MEDAN KM. 0+000

LUBUK PAKAM KM. 29+366

TEBING TINGGI KM. 80+542

SIANTAR KM. 48+467

KISARAN KM. 153+739

TANJUNG BALAI KM. 174+442

RANTAU PRAPAT KM. 113+872

PERLANAAN KM. 114+053

GUNUNG BAYU

BANDARTINGGI KM. 98+291

RENC. KUALATANJUNG

KM. 18+250

RENC. SEI MANGKEI

BELAWAN KM. 21+607

BINJAI KM.

20+889

BESITANG

KUALA KM.

41+750

5 KM

21 KM

PORT OF BELAWAN PORT OF KUALA TANJUNG

Existing Railway Route

KETERANGAN :

Railway Route Plan SEI MANGKEI

INDUSTRIAL

ZONE

Port of Kuala Tanjung in Relation with Industrial Zone




28

CPO TERMINAL

MULTIPURPOSE

TERMINAL

Total Area for Port Development : 1400,02 Ha

Container : 1078.00 Ha

Container Depot : 114.47 Ha

Liquid Bulk : 44.26 Ha

Dry Bulk : 143.00 Ha

Multipurpose : 15.40 Ha

Office Area : 4,99 Ha

Depth : -17 meter Possibility to handle ULCC with capacity of 18.000 TEUs Maximum Capacity: 20 Million TEUs Source: Ministry of Transportation

Port of Kuala Tanjung Development Project



29

CPO TERMINAL

MULTIPURPOSE

TERMINAL

Total Area for Port Expansion: 1,400.02 Ha

Container : 1,078 Ha

Container Depot : 114,47 Ha

Liquid Bulk : 44,26 Ha

Dry Bulk : 143 Ha

Multipurpose : 15,4 Ha

Office Area : 4,99 Ha

Project Timeline : Review Port Masterplan & Market Sounding : year of 2015 - 2016 Tender for Concession : year of 2017 Estimated Cost : CT Phase I Container Yard : 360,000 m2 Reclamation : 4.5 Million m3 Wharf : 1000 m length Total estimated investment : ± USD 651 M Executing Agency : Director General of Sea Transportation

Masterplan of Kuala Tanjung Port has been established by Minister of Transportation Decree No. PM 20 Year 2012

Has been starting

for construction

DESIGNATED AS INTERNATIONAL HUB PORT FOR WESTERN PART OF INDONESIA

CLOSE TO MALACCA STRAIT AND EAST-WEST WORLD TRADE ROUTE

NATURAL DEEP SEA PORT CAPABLE TO HANDLE ULTRA LAGE CONTAINER CARRIER (ULCC)

Port of Kuala Tanjung Development Project




30

MAKASSAR PORT

PORT LOCATION

Makassar Port as gateway and trade center (main port) for east and south Indonesia

Makassar port as one of domestic hub port for sea toll

Existing facilities are limited – need facility extension

Currently has low productivity

Project Rationale

Makassar New Port: Extension of Makassar Port




31


31 Source: Ministry of Transportation


32

Port Master plan has been established by Minister of Transportation Decree No. PM 92 Year 2013

MAKASSAR PORT

PORT LOCATION



33

SECTION 1

SECTION 2

SECTION 3

OPEN FOR INVESTMENT

Estimated Cost : CT Phase I Container Yard : 460,000 m2 Wharf : 1000 m length Total estimated investment : ± USD 431 M Project Timeline : CT Phase I Section 1 (320 m Wharf) – IPC IV as Concessionaires Land acquisition & Construction for Access Road : year of 2015 Construction for Wharf & Container Yard : year of 2017 CT Phase I Section 2 & 3 (680 m Wharf) – Open for Investment Market Sounding & Bidding for Investment : year of 2015-2016 Executing Agency : Director General of Sea Transportation


Makassar New Port: Phase I



34

Improvements of Licensing:



Development of Investment Climate:

Providing fiscal and no fiscal facilities as well as establishing Special Economic Zones and Industrial Estates as investment destination


1

2

3

Invest in Indonesia



35

Doing Business in the New Administration Era

Debottlenecking of Investment Realization (BKPM as a clearing house)

Investment Obstacles

land acquisition issues

Environmental issues

Technical ministries regulation issues

Central and regional government permits/licenses issues

Infrastructure issues

Electricity issues

Copyright issues

Source: BKPM, Data Oct 2014-May 2015

Coordinating with related governmental institutions authorized in licensing process and mediation between companies and related stakeholders

VIELEN DANK| TERIMA KASIH

invest in

© 2015 by Indonesian Investment Coordinating Board. All rights reserved

Indonesia Investment Coordinating Board (BKPM) www.bkpm.go.id

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