Indonesian Political, Business & Finance News

BKPM Head: Finance Minister Approves New Budget for OSS System Improvements

| Source: CNBC Translated from Indonesian | Investment
BKPM Head: Finance Minister Approves New Budget for OSS System Improvements
Image: CNBC

The Minister of Investment and Downstreaming or Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, stated that the government is continuously working to strengthen the licensing system for businesses through the Online Single Submission (OSS), which aims to increase domestic investment.

“Indeed, we had previously requested the budget for almost a year, and I can say on this occasion, Alhamdulillah, the budget has now been approved and the disbursement will begin,” he said during a meeting with Commission XI at the DPR RI building in Jakarta on Monday (13/4/2026).

Rosan admitted that the OSS system had experienced issues in the months prior. However, with the enactment of Government Regulation (PP) No. 28 of 2025 on the Implementation of Risk-Based Business Licensing (PBBR), the entire OSS system is now fully integrated automatically with 18 other ministries.

“So our OSS can be built because without it, it would be very burdensome to suddenly connect automatically to 18 ministries; thus, once it runs smoothly, all licensing will be very fast,” he stated.

According to him, this provides efficiency by reducing face-to-face meetings and minimising potential negative aspects in certain conditions or uncertainties.

Rosan revealed that the OSS system upgrade will utilise AI, blockchain, and similar technologies. This will accelerate the licensing process and increase transparency for business actors wishing to invest in Indonesia.

“The new system will use AI, blockchain, and others, and it can start running this year,” he explained.

BKPM records show that the number of Business Identification Numbers (NIB) issued since 2021 until 8 April 2026 has reached approximately 15.8 million. Of this total, around 1.8 million NIB were issued in the five months since the implementation of Government Regulation (PP) No. 28 of 2025 in October 2025 until 8 April 2026.

According to him, this increase reflects sustained interest in doing business and investing in Indonesia amid uncertainties.

“Our business world continues to operate and remains vibrant; in fact, in the last five months, there has been a quite significant increase,” he concluded.

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