Thu, 30 Jun 2011

TEMPO Interactive, Jakarta:Deputy secretary-general of the Organization for Economic Cooperation and Development (OECD) Richard Boucher, says that investment procedures in Indonesia is still too complicated.

The OECD has urged the government to simplify the procedures in order to attract more investors.

“There are too many regulations and forms to be filled,” said Richard at Bank Indonesia on Monday.

Richard’s comments referred to conclusions drawn in the OECD’s research on investment trends in Indonesia. He claimed the research results had been submitted to the government.