Indonesian Political, Business & Finance News

Finance Minister Purbaya: Report Investment Hurdles to Debottlenecking Task Force

| | Source: INFOPUBLIK.ID Translated from Indonesian | Economy
Finance Minister Purbaya: Report Investment Hurdles to Debottlenecking Task Force
Image: INFOPUBLIK.ID

Finance Minister Purbaya Yudhi Sadewa has reaffirmed the government’s commitment to creating a more conducive investment climate by strengthening the role of the Debottlenecking Task Force. The task force was established to accelerate the resolution of various obstacles faced by investors in realising their projects in Indonesia. During a meeting with business actors, including South Korean investors and companies, Purbaya stated that the government is intensifying coordination across ministries and agencies to address regulatory and operational issues that could hinder investment. “We are strengthening cross-agency coordination to resolve regulatory and operational problems that can affect the implementation of investment projects,” Purbaya said in his presentation to the Korean Chamber of Commerce and Industry in Indonesia (KOCHAM) in Jakarta on Friday. He emphasised that all business actors have equal access to report their difficulties to the Debottlenecking Task Force, with the mechanism open to any investor requiring government support to overcome investment barriers. Purbaya reminded investors to utilise this channel if they continue to face obstacles on the ground. “Every business actor can report their problems to the Debottlenecking Task Force. This mechanism is open to all parties. If there are still obstacles and they have not been reported to the task force, then the opportunity for resolution has not been optimally utilised,” he said. He assured that the government will promptly follow up on every report received. To ensure effective problem-solving, the Debottlenecking Task Force holds regular handling meetings every week. “Every week we discuss and handle various issues reported by investors. Incoming problems will be resolved as quickly as possible,” Purbaya stated. The Finance Minister further revealed that the President directly monitors the process and progress of handling investment barriers discussed within the task force. With this oversight, all decisions produced by the task force must be implemented by the relevant ministries, agencies, and regional governments. “This process is directly monitored by the President, so every decision that has been established must be executed,” he stressed. As a demonstration of the government’s seriousness in ensuring investment certainty, Purbaya asserted he would take firm action against any institution failing to implement the task force’s decisions. “I now serve as Finance Minister. If any regional government or ministry deviates from the decisions of the Debottlenecking Task Force, I will cut their budget,” Purbaya declared. The statement underscores the government’s commitment to providing legal certainty and ease of doing business for investors, while ensuring that investment obstacles are resolved quickly, in a coordinated manner, and effectively. Purbaya also encouraged investors to be increasingly confident in placing capital in Indonesia, noting that the national economy is currently showing solid performance supported by strong fundamentals and maintained growth amid global economic dynamics. He stressed that Indonesia offers promising investment prospects, with macroeconomic stability, financial sector resilience, and ongoing policy reforms strengthening the country’s appeal to both domestic and foreign investors. “Therefore, Indonesia is the right country to invest in. Do not hesitate to place your investments here because Indonesia’s economic fundamentals are very good, as is the economic growth at a level of 5.61 percent,” Purbaya said. He explained that the 5.61 percent growth achievement reflects strong national economic activity supported by public consumption, investment, and the performance of productive sectors. This figure also demonstrates Indonesia’s economic resilience in facing various global challenges, from geopolitical uncertainty to economic slowdowns in several countries. Purbaya stated that the government will continue to maintain economic stability and create a conducive investment climate through prudent and sustainable fiscal policies. These measures are expected to provide certainty for business actors while encouraging new investment inflows that can create jobs and enhance national economic competitiveness.

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