Indonesia: Govt urged to develop investment in regions: INDEF

Indonesia: Govt urged to develop investment in regions: INDEF

Tue, August 2 2016 – President Joko ?Jokowi? Widodo should assign a ministry to be in charge of investment development in the regions as the economic policy packages had yet to boost investment in the regions, an economist has said.

Institute for Development of Economics and Finance (INDEF) economist Imaduddin Abdullah told journalists on Monday that the economic policy packages had yet to address investment problems at the regional level.

?For the example, the principle permit issued by the Investment Coordinating Board ? at the national level ? can be obtained in three hours. Other permits issued by local authorities, however, can?t be obtained in three hours,? Imaduddin said. Read More?