{
    "success": true,
    "data": {
        "id": 1556843,
        "msgid": "bp-batam-signs-memorandum-of-understanding-with-investment-ministry-to-boost-free-trade-zone-development-1771250086",
        "date": "2025-06-26 17:16:34",
        "title": "BP Batam Signs Memorandum of Understanding with Investment Ministry to Boost Free Trade Zone Development",
        "author": null,
        "source": "GALERT",
        "tags": null,
        "topic": "Investment",
        "summary": "BATAM - BP Batam has officially signed a Memorandum of Understanding (MoU) with the Ministry of Investment and Downstreaming\/Investment Coordinating Board (BKPM), on Tuesday, 24 June 2025 in Jakarta. The MoU was signed directly by Minister of Investment and Downstreaming\/Head of BKPM, Rosan Perkasa Roeslani, and Head of BP Batam\/Mayor of Batam, Amsakar Achmad.",
        "content": "<p>BATAM - BP Batam has officially signed a Memorandum of Understanding\n(MoU) with the Ministry of Investment and Downstreaming\/Investment\nCoordinating Board (BKPM), on Tuesday, 24 June 2025 in Jakarta.<\/p>\n<p>The MoU was signed directly by Minister of Investment and\nDownstreaming\/Head of BKPM, Rosan Perkasa Roeslani, and Head of BP\nBatam\/Mayor of Batam, Amsakar Achmad. The agreement covers efforts to\ndevelop investment in the Batam Free Trade and Free Port Zone, as a\nlong-term collaborative commitment between the two institutions to\nrealise sustainable development in Batam City.<\/p>\n<p>In his remarks, Head of BP Batam\/Mayor of Batam, Amsakar Achmad, said\nthe signing of the MoU strengthens the foundation of cooperation in the\nfollowing areas:<\/p>\n<ol type=\"1\">\n<li>Synchronisation and exchange of data and information<\/li>\n<li>Oversight of the licensing system<\/li>\n<li>Development of opportunities and policy formulation<\/li>\n<li>Development of other potential resources<\/li>\n<\/ol>\n<p>\u201cThis step is a manifestation of our commitment to establish Batam\nCity as an investment-friendly zone that is adaptive to global\ndevelopments,\u201d said Amsakar.<\/p>\n<p>On the same occasion, he also outlined Batam City\u2019s investment\nrealisation achievements in 2024, which reached Rp43.26 trillion,\nrepresenting a 31.17 per cent increase compared to the previous year.\nThis increase simultaneously drove Batam\u2019s economic growth in the same\nyear to 6.69 per cent \u2014 a figure exceeding the national average economic\ngrowth of 5.03 per cent.<\/p>\n<p>Nevertheless, Amsakar affirmed that his administration would strive\nto maintain this growth momentum and achieve significant escalation each\nyear. This is because, based on directives from the President of the\nRepublic of Indonesia, Batam has been mandated to contribute towards the\nnational economic growth target of 8 per cent through the National\nMedium-Term Development Plan (RPJMN) 2025\u20132029.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bp-batam-signs-memorandum-of-understanding-with-investment-ministry-to-boost-free-trade-zone-development-1771250086",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}