Purbaya: Debottlenecking to Accelerate Investment up to 30 Billion USD - ANTARA News
Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa stated that the complaints channel for business obstacles or debottlenecking by the Task Force (Satgas) for Accelerating Strategic Government Programmes (P2SP) has the potential to accelerate investments reaching more than 30 billion USD.
Purbaya said that this value stems from the resolution of obstacles in several investment projects due to business processes and permitting.
“(Debottlenecking)… more than 30 billion USD. We hope more will be resolved,” Purbaya told reporters after the “International Seminar on Debottlenecking Channel” at the Ministry of Finance office in Jakarta on Tuesday.
In addition, the government is also paying attention to a project near Sumatra with a value of around 40 billion USD that has not progressed for years.
“There will be another project near Sumatra, possibly up to 40 billion USD, which has been stalled for years. We will run it quickly once it enters (the complaints channel) here,” he said.
Purbaya hopes that the existence of the debottlenecking task force can change the perception of global investors towards Indonesia’s investment climate.
The task force was formed to untangle investment and business process obstacles, especially those that have been held up due to permitting issues, regulations, or inter-agency coordination.
The task force holds sessions regularly to resolve business obstacle complaints reported by business actors.
The government, he said, facilitates one to four business obstacle cases per week. Purbaya assured that the task force operates with an effective and efficient mechanism so that the problem resolution process runs smoothly.
The sessions are also held openly to increase the transparency of the process and ensure that no party skips the agreements that have been made.
“But, in my opinion, it’s even better to broadcast it live, because of the transparency there. So that the public and the business world know that we are seriously solving problems,” he said.