BP Batam Signs Memorandum of Understanding with Investment Ministry to Boost Free Trade Zone Development
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. The agreement covers efforts to develop investment in the Batam Free Trade and Free Port Zone, as a long-term collaborative commitment between the two institutions to realise sustainable development in Batam City.
In his remarks, Head of BP Batam/Mayor of Batam, Amsakar Achmad, said the signing of the MoU strengthens the foundation of cooperation in the following areas:
1. Synchronisation and exchange of data and information
2. Oversight of the licensing system
3. Development of opportunities and policy formulation
4. Development of other potential resources
"This step is a manifestation of our commitment to establish Batam City as an investment-friendly zone that is adaptive to global developments," said Amsakar.
On the same occasion, he also outlined Batam City's investment realisation achievements in 2024, which reached Rp43.26 trillion, representing a 31.17 per cent increase compared to the previous year. This increase simultaneously drove Batam's economic growth in the same year to 6.69 per cent — a figure exceeding the national average economic growth of 5.03 per cent.
Nevertheless, Amsakar affirmed that his administration would strive to maintain this growth momentum and achieve significant escalation each year. This is because, based on directives from the President of the Republic of Indonesia, Batam has been mandated to contribute towards the national economic growth target of 8 per cent through the National Medium-Term Development Plan (RPJMN) 2025–2029.
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. The agreement covers efforts to develop investment in the Batam Free Trade and Free Port Zone, as a long-term collaborative commitment between the two institutions to realise sustainable development in Batam City.
In his remarks, Head of BP Batam/Mayor of Batam, Amsakar Achmad, said the signing of the MoU strengthens the foundation of cooperation in the following areas:
1. Synchronisation and exchange of data and information
2. Oversight of the licensing system
3. Development of opportunities and policy formulation
4. Development of other potential resources
"This step is a manifestation of our commitment to establish Batam City as an investment-friendly zone that is adaptive to global developments," said Amsakar.
On the same occasion, he also outlined Batam City's investment realisation achievements in 2024, which reached Rp43.26 trillion, representing a 31.17 per cent increase compared to the previous year. This increase simultaneously drove Batam's economic growth in the same year to 6.69 per cent — a figure exceeding the national average economic growth of 5.03 per cent.
Nevertheless, Amsakar affirmed that his administration would strive to maintain this growth momentum and achieve significant escalation each year. This is because, based on directives from the President of the Republic of Indonesia, Batam has been mandated to contribute towards the national economic growth target of 8 per cent through the National Medium-Term Development Plan (RPJMN) 2025–2029.