Indonesia begins 3-hour-licence process for certain categories of investors

On 26 October 2015, Indonesia introduced a 3-hour licensing process for certain categories of investors planning to open businesses. This service will allow prospective investors to have their preliminary permits, including a permit for land use processed at BKPM (Indonesia Investment Coordinating Board)'s one-stop integrated service within three hours. After obtaining these permits, investors whose projects are located within industrial estates designated by the BKPM could start project construction immediately, even before the issuance of a construction permit from the local government. To be able to enjoy the quick licensing program, investors must invest at least Rp 100 billion and/or employ at least 1,000 workers.

• Type:

  • Entry and establishment (Approval and admission)
  • Promotion and facilitation (Investment facilitation )

• Industry:

  • Not industry specific

• Sources:

  • The Investment Coordinating Board (BKPM), Investment body begins three-hour land permit service next week , http://www.bkpm.go.id/contents/news_detail/258201/Investment+body+begins+three-hour+land+permit+service+next+week+#.VjHx7Jf7PkO, 16 Oct 2015
  • The Investment Coordinating Board (BKPM), Three Hour Permit to Kick Off Soon, http://www4.bkpm.go.id/contents/news_detail/257401/Three+Hour+Permit+to+Kick+Off+Soon#.VjHqsZf7PkM, 13 Oct 2015
  • The Jakata Post, BKPM launches 3-hour license processing, http://www.pressreader.com/indonesia/the-jakarta-post/20151027/281895887101305/TextView, 27 Oct 2015