Govt to Ease Machinery and Equipment Imports Procedure

Suci Sedya Utami    •    Selasa, 15 Dec 2015 13:38 WIB
Govt to Ease Machinery and Equipment Imports Procedure
BKPM Chief Franky Sibarani (Photo: Antara Foto/Widodo S Jusuf), Jakarta: The Investment Coordinating Board (BKPM) is working together with Financial Ministry's Directorate General of Customs and Excise (DJBC) Financial Ministry to provide leniency for machinery and equipment imports for investors or companies that in construction phase. The policy is conducted to boost investment realization.
Head of BKPM Franky Sibarani urged the companies that have principal license or investment plan to implement their investment as soon as possible.
"It is surely hoped that the investment realization target it 2016 at Rp594.8 trillion can be achieved," mentioned Franky in his office, Jalan Gatot Subroto, South Jakarta, Monday (12/14/2015).
According to Franky, based on the principal license data published on the period of January-November 2015, there is an investment plan of Rp1,660.5 trillion, comprising of Rp1,079.7 trillion foreign investment (PMA) and Rp580.8 trillion domestic investment (PMDN). The investment is estimated creates jobs for 871,640 people.
"Construction has lots of benefits for Indonesia, especially on high employment absorption," he explained.


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