KADIN calls on govt to postpone DNI relaxation policy

Jakarta (ANTARA News) - The Indonesian Chamber of Commerce and Industry (KADIN) has called on the government to postpone the implementation of relaxation of the Negative List of Investment (DNI).

KADIN general chairman Rosan P. Roeslani said in a statement here on Thursday, the organization could understand the governments move amid the current economic situation in the country that would need favorable policies to boost economic growth, especially with the increase of current account deficit.

"The policy in investment has closely linked to business world and KADIN as an institution of businessmen. Hence, objectivity of the policy would be influenced by inputs from business people," Rosan said.

Relaxation of the Negative List of Investment has become one of primary points in the governments 16th economic policy package.

Considering the urgency of the policy for businesses, KADIN would gather 124 business associations on Thursday to discuss points of suggestion from business people.

Therefore, it has asked the government to postpone implementation of the policy on ground that it has been designed without any dialogue with KADIN, as was the case of the previous economic packages.

KADIN has also concerned on the impact of the policy to small and medium scale enterprises that have provided jobs for 95 percent of national work forces and served as a new motor to boost its growth.

"Regarding the issue, KADIN will hold a meeting with the Coordinating Minister for Economic Affairs, head of the BKPM (Investment Coordinating Board), and other related ministers," Rosan said.

Source: ANTARA News

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