Job Creation Law accelerates investment licensing to boost economy

Jakarta (ANTARA) - Communication and Informatics Minister Johnny G. Plate reiterated that Indonesia's first omnibus law, the Law on Job Creation, passed by the Parliament in November 2020, helps accelerate the licensing process, especially in obtaining investment permits.

Expediting the investment licensing process is projected to attract investors to invest and consequently boost the country's economy, he remarked.

"The essence of the Job Creation Law is to expedite the licensing process and encourage healthier investment to create a more appropriate investment climate in our country," Plate noted here on Monday while installing two high-ranking officials of the ministry.

To this end, Plate called on his staff, especially decision-making officials, to understand and implement government regulations on implementation of the Job Creation Law.

Related news: Jokowi urged to retract investment permit for Papua's liquor industry

"Licensing should not be a threat and barrier to investment. Our job is to encourage and facilitate a smooth licensing process," he emphasized.

Moreover, the minister urged his subordinates to ensure that public services were expedited through collaborative cooperation among the directorates general under his ministry.

Plate drew attention of the ministry's high-ranking officials to help his subordinates by taking quicker decisions and encouraging better quality businesses and community interactions.

Plate also called upon his officials to work hand-in-hand to materialize Indonesia's digital transformation this year, as promoted by the Ministry of Communication and Informatics.

"Lest the Ministry of Communication and Informatics were to go against the spirit and philosophy of the Job Creation Law, which is Law Number 11 of 2020," the minister affirmed.

Source: Antara News

Related posts