Indonesian Political, Business & Finance News

HKI Appreciates Task Force for De-Bottlenecking to Accelerate Industrial Investment

| | Source: MEDIA_INDONESIA Translated from Indonesian | Investment
HKI Appreciates Task Force for De-Bottlenecking to Accelerate Industrial Investment
Image: MEDIA_INDONESIA

The Indonesian Industrial Estates Association (HKI) has expressed appreciation for President Prabowo Subianto’s initiative in establishing the De-Bottlenecking Task Force to overcome various investment obstacles in Indonesia. HKI considers the formation of this task force as a strategic breakthrough to accelerate the realisation of national investment, especially in addressing challenges faced by business actors, ranging from administrative issues to practices that harm investors. “The presence of this Task Force will serve as a catalyst in creating a more efficient, transparent, and competitive investment ecosystem,” said HKI General Chairman Akhmad Maruf Maulana, quoted from a press release received on Thursday (2/4). Amid global dynamics, including geopolitical tensions in the Middle East and world economic uncertainty, HKI sees this situation as an opportunity for Indonesia to attract global industrial relocation. According to HKI, the trend of global supply chain diversification must be optimally utilised by ensuring the readiness of competitive industrial estates. This includes the availability of infrastructure, regulatory certainty, as well as fast and efficient licensing processes. Nevertheless, HKI highlights the persistence of several structural barriers, particularly at the regional level. Some of these include convoluted permitting, lack of synchronisation between agencies, delays in administrative services, and uncertainty in spatial planning. Ma’ruf emphasised the importance of maintaining integrity in the implementation of investment policies. He reminded that there should be no practices that hinder the investment process, including the misuse of government or presidential names, so that the investment climate remains conducive. “There are still various aspects in the investment process that need attention and joint improvement to maintain investor perception and trust,” he stated. Maruf also assessed that Indonesia needs to change its approach in facing global uncertainty by being more proactive and adaptive. “Amid various obstacles, there are always opportunities. The current geopolitical situation must be used as a momentum to improve while accelerating steps to attract global investment. The key is execution speed, regulatory certainty, and the courage to resolve field-level barriers,” he asserted. HKI reaffirmed its commitment to continue synergising with the central and regional governments to ensure effective policy implementation, while strengthening the role of industrial estates as the engine of sustainable national economic growth.

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