BKPM Has Officially Filed Revision of DNI

By : Herry Barus And Aldo Bella Putra | Tuesday, March 06 2018 - 21:00 IWST

Kepala BKPM Thomas Trikasih Lembong (Foto Setkab)
Kepala BKPM Thomas Trikasih Lembong (Foto Setkab)

INDUSTRY.co.id - Jakarta -The Investment Coordinating Board has formally submitted a revised Negative List of Investment to the Coordinating Ministry for Economic Affairs.

"A few days ago we have officially proposed revised Negative Investment List (DNI)," said Head of BKPM Thomas Trikasih Lembong at a press conference in Jakarta on Tuesday (6/3/2018).

Tom, Thomas's familiar greeting, does not explicitly mention the sectors to be overhauled in the revision of DNI this time. He said the decision on the sector and what aspects will be changed is in the hands of the Coordinating Minister of Economy which will be discussed in the Cabinet Meeting and approved by President Jokowi and Vice President Jusuf Kalla.

Nevertheless, the former Minister of Trade emphasized that the revision of DNI is the earliest step because there are still many hurdles on the upstream faced by investors in investing in Indonesia.

"For me the DNI is not the first step, but the number zero step because just replace the banner of 'Banned Entry' to 'Please Enter' .After crossing the threshold of the investor faced with licensing and rules of convoluted terms and thousands. So the revision of the DNI enough," he said.

Because there are still many obstacles faced by investors, Tom admitted personally proposed that the revision of the DNI does not need to be done on a large scale.

"But the opening is really opened until the downstream process of licensing and regulation is a bottleneck," he said.

The DNI revision method, according to him, is slightly different from the approach in the past. That's because there are still many sectors that have not fully optimally attract investment even though it has been open to foreigners.

"Now I think we focus on which sectors are priority and we focus and upstream up to the rules and regulations," he said.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…