Despite reforms, red tape still ‘main problem’ for regional development – Fri, January 20 2023

The Jakarta Post Image

Fadhil Haidar Sulaeman (The Jakarta Post)


Jakarta   ●  
Fri, January 20 2023

More than two years after embarking on far-reaching reforms, the government has confirmed that bureaucratic hurdles remain the number one obstacle to investment cited by businesses.

New licenses for spatial planning and building, both products of the Job Creation Law, had caused a backlog of investment projects, but the “snap remedy” was in the hands of regional leaders, President Joko “Jokowi” Widodo said on Tuesday at the annual National Coordination Meeting (Rakornas) of Regional Heads and the Regional Leadership Coordination Forum (Forkopimda) in Sentul, West Java.

Jokowi signed the Omnibus Law on Job Creation in November 2020 to streamline multiple investment regulations under a single law and to minimize the authority of regional entities to make investment decisions through the Investment Ministry’s Online-Single Submission (OSS) platform.

to Read Full Story


Starting from IDR 55,500/month

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters

Or let Google manage your subscription

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.