What is BKPM?

BKPM HISTORY

BKPM is the Investment Coordinating Board of the Republic of Indonesia. As the primary interface between business and government, BKPM is mandated to boost domestic and foreign direct investment through creating a conducive investment climate. Restored to Ministerial status in 2009, and reporting directly to the President of the Republic of Indonesia, this investment promotion agency's goal is not only to seek more domestic and foreign investment, but also seek quality investments that improve social inequality and reduce unemployment. The agency works as a proactive advocate for investments as well as a matchmaker for investors. Since October 2013,  BKPM is chaired by Mahendra Siregar.

 Vision
"Creating a competitive investment climate to support the quality of national economy" 

Mission

1. To increase and to ensure equal investment distribution
2. To keep harmony and coordination in the field of investment
3. To improve the quality of investment services

Historical Timeline

1967 - Foreign Capital Investment Advisory Board was founded

1973 - Government established BKPM to replace the committee

1968 - Government established a new agency called the Technical Committee on Investment

ONE-STOP-SERVICES

• Simplifying business start-up and licensing procedures, including 60% reduction of application forms (from 38 to 15 forms).
• Establishing an Investor Relation Unit at BKPM for information, facilitation and inquiries handling from existing and potential investors.
• Rolling-out the Electronic Information Services and Investment Licensing (SPIPISE) or National Single Window for Investment (NSWi) in 105 regions (PTSP) throughout Indonesia.
• Helping contain various obstacles and giving consultation through annual submission on Investment Activity Report (LKPM).
• Facilitating foreign workers permit.
• Launching the investment tracking system.
• Providing "One-Stop Services" (OSS/PTSP) licensing provision at BKPM:
1. Investors requiring licensing and non-licensing investment for operational implementation of business activity shall take a queuing number, except for service complaints
2. Investors requiring investment information service shall contact Help Desk service.
3. Investors requiring services on licensing and non-licensing application submission shall contact Front Officer Investment Services.
4. Investors requiring submission service on Investment Activity Report (LKPM) and request cancellation / revocation of investment licenses shall contact Front Officer Implementation and Monitoring Investment.
5. Investors requiring service on submission of non-licensing investment application that is not delegated to the Chairman of BKPM shall contact Front Line Ministries Officer.
6. Investors requiring service on retrieval licensing and non-licensing investment shall contact Administrative BKPM. All services are conducted in the framework of the implementation of the OSS in the field of investment in BKPM is free of charge

All services are conducted in the framework of the implementation of the OSS in the field of investment in BKPM is free of charge.

PROFILE OF CHAIRMAN

Mahendra Siregar

Mahendra Siregar, age 50, is the Chairman of Indonesia Investment Coordinating Board (BKPM) since his appointment by President Susilo Bambang Yudhoyono on    1 October 2013.

He graduated with a Bachelor degree in Economics from University of Indonesia in 1986, and received a Master in Economics from Monash University in 1991.

Mahendra joined the Foreign Affairs Ministry in 1986 and was assigned to various postings including Economic Third Secretary of the Indonesian Embassy in London (1992-1995) and Information Counsellor of the Indonesian Embassy in Washington DC (1998-2001).

He joined Coordinating Ministry in late 2001 as Special Assistant to the Minister. He was then appointed as Deputy Minister in charge of International Economic and Financial Relations in May 2005.

He was then appointed as Chairman and CEO Indonesia Eximbank in September 2009 until December 2009.

He was appointed as Vice Minister of Trade by President Susilo Bambang Yudhoyono on 11 November 2009.

Before his appointment as the Chairman of BKPM, Mahendra was Vice Minister of Finance since 19 October 2011.

He was Asia representative at the UNFCCC Adaptation Fund Board between 2007-2009. 

He is President Yudhoyono’s Sherpa to the G-20 since London Summit 2009. 

ORGANIZATIONAL STRUCTURE

 

 

 

 

 

 

Source: www.bkpm.go.id

 

For more information and free consultasion!