Sun, 07 Sep 2008
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has asked the Bali provincial administration to formulate new policies to facilitate investment in the province, Bali Governor Made Mangku Pastika said here on Friday.

Made Mangku Pastika made the statement after he and Vice Governor Aan Puspayoga met President Yudhoyono at the latter`s office to report their installation as Bali governor and vice governor.

"One of the things we do to attract investors is to provide prospective investors with true and correct information. We do not just invite them without more," the governor said.

He said businessmen who would like to invest in Bali would be given information about the existing business potentials and opportunities in the resort island.

"Another matter which we are going to improve is the issuance of investment permits in relation with cost, time and legal aspects for the investors who would like to invest not only in tourism but also in the agronomy and infrastructure sectors," Mangku Pastika said.

He said at the meeting with President Yudhoyono, the head of state also asked him to focus his attention on reduction of the poverty rate, the unemployment rate, and on improvement of education, health, infrastructure, governance, and public services.

Mangku Pastika also reported to the president about the Asean Beach Games which are to take place in Bali from October 18 to 20 this year with 3,000 athletes from 45 countries participating.

Prior to the meeting with Mangku Pastika, President Yudhoyono also received West Kalimantan Governor Cornelis and asked the latter to pay attention to the welfare of people living in areas bordering Malaysia.

"President Yudhoyono said the welfare of people living in parts of West Kalimantan bordering Malaysia should be given special attention," the West Kalimantan governor said.

Cornelis, who was accompanied by Vice Governor Christiandy Sanjaya at the meeting with the president, said the welfare of people living in border areas could be improved through economic development efforts. (*)


Sun, 07 Sep 2008
From: JakChat
Comment by KuKuKaChu
Quote:
"One of the things we do to attract investors is to provide prospective investors with true and correct information. We do not just invite them without more," the governor said.

now there's a novel idea.

Quote:
"Another matter which we are going to improve is the issuance of investment permits in relation with cost, time and legal aspects for the investors who would like to invest not only in tourism but also in the agronomy and infrastructure sectors," Mangku Pastika said.

umm ... actually, the provinces do not issue investment permits, and have not done so since June 2004.


Sun, 07 Sep 2008
From: JakChat
Comment by KuKuKaChu
Same story reported on Bali Discovery (http://www.balidiscovery.com/messages/message.asp?Id=4731) gives a slightly different slant:

President Tells Pastika to Facilitate Investment in Bali

Pastika Promises Clear and Precise Information for Potential Investors in Bali.


(9/6/2008) The State News Agency Antara reports that President Susilo Bambang Yudhoyono has asked the Province of Bali to establish procedures that will facilitate investment in Bali.

The President's request was delivered to Bali's recently elected Governor, Made Mangku Pastika, at a meeting held in Jakarta on Friday, September 05, 2008.

In discussing the President's request with Antara, Pastika said: "To meet those requirements, one effort that will be undertaken by the provincial government is to give clear information to investors. This must be done because we are not merely opening our door wide to investors."

Mangku Pastika said potential investors will be given information about the potentials and opportunities for investors in Bali.

Pastika added: "We will also improve the licensing and permit process. There must be a certainty on costs, time for processing and the laws governing all investors. Sectors open for investment, in addition to tourism, are agriculture and infrastructure projects."


Sun, 07 Sep 2008
From: JakChat
Comment by KuKuKaChu
Quote:
In discussing the President's request with Antara, Pastika said: "To meet those requirements, one effort that will be undertaken by the provincial government is to give clear information to investors. This must be done because we are not merely opening our door wide to investors."

oh, this is clearer. so what he is saying now is that he wants investors to stay out of areas where he and his rentier mates are active. like 4-5 star hotel accommodation.

Quote:
Pastika added: "We will also improve the licensing and permit process. There must be a certainty on costs, time for processing and the laws governing all investors. Sectors open for investment, in addition to tourism, are agriculture and infrastructure projects."

this is also clearer. no mention of investment permits, for which the province has no authority. but certainly, the time and cost of all the *other* permits required to fully establish a business in bali are quite out of control. i doubt, however, that the new governor will have the ability to rein this in. nearly all the problematic permits are issued by the kabupaten and kelurahan levels of govt, who proclaim their "regional autonomy" by doing just as they please.



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