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BKPM prepares six mitigation steps to maintain investment realization

23 April 2020 14:37

JAKARTA. The Investment Coordinating Board (BKPM) prepared six mitigation steps to maintain investment realization amid the impact of the coronavirus or COVID-19 pandemic.

That was revealed by Head of BKPM Bahlil Lahadalia in the Hearing Meeting (RDP) with the Commission VI of the House of Representatives today. (23/4). He explained the six steps, First, the acceleration of process for business licensing in the Ministries / Institutions (K / L) and regional governments (Pemda), Second, the acceleration of process for import licenses for capital goods and raw materials.

Third, encourage central and regional governments to buy goods and services from Micro, Small, and Medium Enterprises (MSMEs). Fourth, relaxation facilities for large investments that can cause sustainable impacts on the economy and job creation.

Fifth, maintaining the availability of raw materials in the country, especially for industries in the processing sector. Sixth, accelerating export licensing. 

BKPM will also provide facilities and incentives for companies that shift their focus to pharmaceuticals and medical devices. (AM/AR)

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