Prabowo's Task Force Resolves 45 Investment Cases in 6 Months

Finance Minister Purbaya Yudhi Sadewa reaffirmed the government’s commitment to creating a conducive investment climate to achieve an 8% economic growth target by 2029, in front of dozens of ambassadors, representatives from friendly nations, and international organisations. The primary strategy involves a practical approach to resolving investment barriers through the Debottlenecking Channel to enhance private sector participation, which dominates 90% of national economic activity. At the international seminar titled “Debottlenecking Channel” held in the Dhanapala Hall, Jakarta, on Tuesday (12/5), the Finance Minister stated that the government is shifting from mere regulatory improvements on paper to addressing real issues faced by investors on the ground. Purbaya explained that the government has strengthened the legal basis for this effort through Presidential Decree No. 4 of 2026, which establishes the Task Force for Accelerating Government Programmes to Support Economic Growth Enhancement (Satgas P3-MPPE), focusing on accelerating economic packages, investment debottlenecking, and permitting. This task force is led by the Coordinating Minister for the Economy, with the Finance Minister serving as one of the Deputy Chairs. “We hold weekly hearings based on reports from businesses facing obstacles. This approach is faster and yields better results because we address real problems,” said Purbaya. To date, Satgas P3-MPPE has recorded 142 complaints received through official channels, 83 of which have been discussed in open hearings accessible to the public and media to ensure transparency. “A total of 45 cases have been fully resolved, and in the last six months, this task force has secured investment values of around US$25 to US$30 billion,” Purbaya explained. He further stated that the Ministry of Finance will optimise fiscal instruments to support structural reforms across various sectors. One such initiative is the revitalisation of the textile industry through affordable liquidity provision via Eximbank to update machinery and enhance global competitiveness. Additionally, the government is preparing comprehensive industrial policies, including special incentives for the electric vehicle industry using nickel-based batteries. The government is also promoting downstream processing through export taxes on raw materials and incentives for CPO derivative products to create high added value domestically. To facilitate investors, the government provides a reporting channel via a dedicated website. The Finance Minister also emphasised that the task force has cross-ministerial authority to intervene legally if delays are found in certain agencies. “If you face problems in running your business, report them to us. We will ensure those barriers are removed as quickly as possible,” the Finance Minister concluded in front of the ambassadors and international business associations.