Efforts by local governments to penetrate global markets through\ninvestment channels are being tested once again. Commission I of the\nBanten Provincial Council visited the Central Office for Regional\nInvestment Promotion (PPID) in Batam on Thursday (9\/4) to explore\ninter-agency collaboration models in driving the optimisation of\nregional potential.<\/p>\n
The delegation, led by Deputy Chairman of Commission I of the Banten\nProvincial Council Muhammad Faizal, was accompanied by Secretary of\nCommission I Umar Bin Barmawi and several other members. They engaged in\ndirect dialogue with PPID managers, alongside representatives from the\nAll-Indonesia District Governments Association (APKASI) and the\nInternational Business Association (IBA). Also present was APKASI\nExecutive Director Sarman Simanjorang.<\/p>\n
During the meeting, PPID was introduced as an integrated investment\npromotion platform resulting from the initiative of APKASI and IBA. This\nscheme is designed to bridge the needs of regional governments with\nnetworks of international investors and buyers, which have previously\nbeen deemed limited.<\/p>\n
PPID managers revealed that several classic obstacles still face\nregions in attracting investment, ranging from limited access to global\nmarkets and restricted credible investor networks to suboptimal\nmanagement of assets and flagship commodities.<\/p>\n
\u201cPPID is expected to serve as a connecting hub between regional\ninterests and global business actors,\u201d stated one of the managers in\ntheir presentation.<\/p>\n
Batam was chosen as the location for the PPID headquarters due to its\nstatus as a free trade area and international free port. This position\nis considered strategic for positioning Batam as a showcase of\nIndonesia\u2019s regional potential in the eyes of foreign investors, while\nalso opening broader export opportunities.<\/p>\n
Chairman of IBA Indonesia\u2019s Youth Wing, Bobby, emphasised the\nimportance of collaboration between regional governments, associations,\nand business actors in building a sustainable investment ecosystem.<\/p>\n
\u201cWe are striving to provide a bridge between regional governments and\nglobal buyers and investors,\u201d he said.<\/p>\n
According to him, a collaborative approach is key to ensuring regions\ndo not operate in isolation when marketing their potential. With broader\nnetwork support, opportunities for increasing regional own-source\nrevenue (PAD) and job creation are seen as increasingly open.<\/p>\n
Nevertheless, the effectiveness of platforms like PPID still depends\non the readiness of each region. Beyond promotion, factors such as\nregulatory certainty, ease of permitting, and infrastructure quality\nremain primary considerations for investors.<\/p>\n
This visit is hoped to serve as the initial gateway for the Banten\nProvincial Council to adopt or adapt a similar model in developing\ninvestment in its region.<\/p>\n
Amid increasingly tight competition in attracting investment, regions\nare compelled not only to offer potential but also to ensure a conducive\necosystem. PPID represents one effort to address these challenges\u2014though\nits success will still be tested in on-the-ground implementation.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/banten-provincial-council-eyes-batam-investment-promotion-model-1775832656", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }