{
    "success": true,
    "data": {
        "id": 1864330,
        "msgid": "bkpm-can-issue-permits-if-ministries-miss-10-day-deadline-1784227819",
        "date": "2026-07-17 00:45:12",
        "title": "BKPM Can Issue Permits if Ministries Miss 10-Day Deadline",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "Indonesia's Investment Coordinating Board (BKPM) has been granted the authority to automatically issue business permits if relevant ministries fail to respond within a 10-day deadline. This measure, part of Government Regulation No. 28, aims to eliminate bureaucratic delays that previously extended processes to three months. The government is also integrating the OSS system with blockchain and AI to enhance transparency and predictability for investors.",
        "content": "<p>Investment and Downstreaming Minister Rosan Roeslani has stated that\nthe Investment Coordinating Board (BKPM) can independently issue\nbusiness permits if the relevant ministries do not provide a decision\nwithin a 10-day period. This policy, established under Government\nRegulation No.\u00a028, is designed to reduce the uncertainty that has been a\nmajor complaint among investors. Previously, the service level agreement\n(SLA) was only a recommendation, causing permits that should have been\ncompleted in 10 days to be delayed for up to three months. By making the\ndeadline binding, the government aims to make the licensing process more\npredictable and boost investor confidence, ensuring that investment\nopportunities are not lost due to slow bureaucracy.<\/p>\n<p>To further support this, the government is integrating the Online\nSingle Submission (OSS) system with 18 ministries and agencies and plans\nto strengthen the platform with blockchain and artificial intelligence.\nBlockchain technology will provide an immutable audit trail, increasing\ntransparency, while AI will automatically verify document completeness\nand accelerate workflows. This integration is expected to reduce\nadministrative burdens and allow real-time monitoring by all\nstakeholders.<\/p>\n<p>Despite global economic volatility, Minister Roeslani emphasised that\nIndonesia\u2019s internal rate of return (IRR) remains competitive compared\nto other ASEAN nations. The combination of attractive returns, a stable\neconomic and political environment, and ongoing regulatory reforms makes\nIndonesia a prime destination for long-term investors seeking\nsustainable growth opportunities.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bkpm-can-issue-permits-if-ministries-miss-10-day-deadline-1784227819",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}