JAKARTA - The Ministry of Investment and Downstreaming\/Capital\nInvestment Coordinating Board (BKPM) is targeting investment realisation\nof IDR 13,032 trillion by 2029, derived from both Foreign Direct\nInvestment (FDI) and Domestic Direct Investment (DDI).<\/p>\n
To achieve this, the government is intensifying socialisation efforts\nto ensure that stakeholders understand Government Regulation (PP) No.\u00a028\nof 2025 concerning Risk-Based Business Licensing on the One Single\nSubmission (OSS) system.<\/p>\n
\u201cWe have a consolidation target of around IDR 13,000 trillion in\ninvestment realisation over the next five years. This licensing service\nis one of the important aspects in contributing to the movement of\ninvestment realisation figures,\u201d said Deputy Minister of Investment and\nDownstreaming\/BKPM, Todotua Pasaribu, at the BKPM office in Jakarta,\nThursday (26\/2\/2026).<\/p>\n
Todotua emphasised that PP 28\/2025 regarding business licensing on\nthe OSS system is a reform of services implemented by the government to\nprovide legal certainty for businesses and investors.<\/p>\n
This includes ensuring a clear timeframe for the business licensing\nprocess and guaranteeing that the one-stop licensing mechanism is\nimplemented solely through the OSS system.<\/p>\n
\u201cIn doing business, what businesses need is certainty. For example,\nthe licensing service for the hospitality sector; we can now guarantee\nthat the permit will be issued within 28 days. This allows businesses to\nrealise their investments,\u201d he said.<\/p>\n
Todotua stressed that the ease of business licensing will correlate\nwith the investment climate, and that increased investment will bring\nbenefits to the national economy.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/government-simplifies-business-licensing-through-the-oss-system-to-achieve-investment-target-of-idr-13-000-1772155112", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }