Spatial Planning and Building Permits Hamper Investment in Regions


President Joko "Jokowi" Widodo revealed two major issues that often hamper the region's investment flow: spatial issues and building permits (IMB). The two problems rank first and second in complaints from investors every time they invest in the regions.

"I need to convey that the investment needs to be our concern. There should be no more permits that take months [to be issued]," Jokowi said when opening the National Coordination Meeting (Rakornas) of Regional Heads and Regional Leadership Coordination Forum (Forkopimda) 2023, at the Sentul International Convention Center, Bogor, West Java, Tuesday.

In the meeting, regional executive and legislative leaders throughout Indonesia attended as participants. Jokowi asked them to complete all investment licensing matters in their respective regions immediately. He also urged the local governments to prepare the necessary budget to overcome the investment barrier issue.

Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.