BP Batam Signs MoU with Investment Ministry to Boost Free Trade Zone Investment
BATAM - The Batam Indonesia Free Zone Authority (BP Batam) signed a Memorandum of Understanding with the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) on Tuesday (24/6/2025) in Jakarta.
The MoU was signed directly by Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani and BP Batam Head/Batam Mayor Amsakar Achmad. The agreement concerns 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, BP Batam Head/Batam Mayor Amsakar Achmad said the signing of the MoU strengthens the foundation of cooperation in several areas, including synchronisation and exchange of data and information, oversight of licensing systems, development of opportunities and policy formulation, as well as development of other potential resources.
"This step is a manifestation of our commitment to creating Batam City as an investment-friendly zone that is adaptive to global developments," said Amsakar Achmad.
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 rise simultaneously drove Batam's economic growth in the same year to 6.69 per cent, exceeding the national economic growth average of 5.03 per cent.
Nevertheless, the Batam Mayor affirmed that his administration would endeavour to maintain this growth momentum with significant escalation each year. Based on directives from the President of the Republic of Indonesia, Batam has been mandated to contribute towards achieving the national economic growth target of 8 per cent through the 2025-2029 National Medium-Term Development Plan (RPJMN).
"We hope that what we have agreed upon today becomes a concrete foundation for the integration of central government policy and technical implementation at the regional level to create a competitive investment climate in Batam City," said Amsakar.
Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani expressed his appreciation for the achievements continually driven by BP Batam. "Batam's contribution is very important for us in achieving the 8 per cent national economic growth target set by the President," he said.
The investment target set by the Ministry of Investment and Downstreaming/BKPM exceeds Rp13,000 trillion over the next five years, whilst the 2025 investment target has been set at Rp1,900 trillion.
The MoU was signed directly by Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani and BP Batam Head/Batam Mayor Amsakar Achmad. The agreement concerns 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, BP Batam Head/Batam Mayor Amsakar Achmad said the signing of the MoU strengthens the foundation of cooperation in several areas, including synchronisation and exchange of data and information, oversight of licensing systems, development of opportunities and policy formulation, as well as development of other potential resources.
"This step is a manifestation of our commitment to creating Batam City as an investment-friendly zone that is adaptive to global developments," said Amsakar Achmad.
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 rise simultaneously drove Batam's economic growth in the same year to 6.69 per cent, exceeding the national economic growth average of 5.03 per cent.
Nevertheless, the Batam Mayor affirmed that his administration would endeavour to maintain this growth momentum with significant escalation each year. Based on directives from the President of the Republic of Indonesia, Batam has been mandated to contribute towards achieving the national economic growth target of 8 per cent through the 2025-2029 National Medium-Term Development Plan (RPJMN).
"We hope that what we have agreed upon today becomes a concrete foundation for the integration of central government policy and technical implementation at the regional level to create a competitive investment climate in Batam City," said Amsakar.
Investment and Downstreaming Minister/BKPM Head Rosan Perkasa Roeslani expressed his appreciation for the achievements continually driven by BP Batam. "Batam's contribution is very important for us in achieving the 8 per cent national economic growth target set by the President," he said.
The investment target set by the Ministry of Investment and Downstreaming/BKPM exceeds Rp13,000 trillion over the next five years, whilst the 2025 investment target has been set at Rp1,900 trillion.