Tangerang moves to boost investment

Tangerang moves to boost investment

TANGERANG (JP): The one-stop service offered by Tangerang
mayoralty to prospective investors has paid off, with an average
one new applicant coming in seeking a permit every day since the
service was inaugurated in February.

Head of the mayoralty's investment and permit-processing
agency Habibah Ardi said on Monday that of the 60 applications
received by her office, 22 had been approved and four rejected.

Habibah said the new system simplified the previously long and
convoluted procedure for approving an investment and, therefore,
provided applicants with certainty in a relatively short space of
time.

"We need more investors in a bid to create jobs and increase
the city's revenue. In the long run, it will improve the people's
welfare," she said.

She added that each application was examined at a consultation
meeting, which was held by her office twice a week. (41)