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#32256 - 29 Jun 06 17:28 TEMPO/Batam to Become Investment Center
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
Batam to Become Investment Center
Thursday, 29 June, 2006 | 16:12 WIB

Tempo Interactive, Jakarta: The government will turn the islands of Batam, Bintan and Karimun into investment centers.

“Those areas will be opened up to companies that can contribute a direct impact to the economy,” said Boediono, the Coordinating Minister for the Economy, yesterday (28/6).

These direct impacts include job opportunities as well as new technology.

For this reason, the government will eliminate all investment obstacles in these areas.

It will overcome tax, customs and employee problems in the special economic areas.

“We will correct what the investors are complaining about,” said Boediono.

However, the government will still collect taxes, including income tax.

As is already common knowledge, the Indonesian and Singaporean governments have signed a draft of economic cooperation to develop special economy areas in Batam, Bintan and Karimun.

In response to the government's decision, the Riau Islands Provincial Government will form a tax desk.

“To assist investors in tax administration,” Jangkung Sudjarwadi, Area Head of Tax Directorate at Central Sumatra, told Tempo in Batam yesterday.

According to him, several items will be taken care at the tax desk, including incentives for investors.

H. Ahmad Dahlan, the Mayor of Batam, said that the Batam Municipal Government has prepared a building promoting the whole of Sumatra as a one-stop center.

The one-stop center concerns several institutions including the tax, land, and employment agencies, as well as the State Electricity Company (PLN) and the Municipal Drinking Water Company (PAM).

Yudha Setiawan, Rumbadidale Dale and RR Ariyani
_________________________ Indonesian Business and Investment News Aggregator

#32257 - 30 Jun 06 01:57 Re: TEMPO/Batam to Become Investment Center
mal-indo Offline

Registered: 12 Feb 06
Posts: 55
Loc: malaysia & jakarta
it will take a hell of year to do that. Saying some time is much easy that doing it or implimentation.
In order to do that, my opinion. (1) to form a board (2) Invite some investors to be in the board. (3) Implement R & R. And so fore. It not easy at all. Singapore & Malaysia take such along time to do that too.

#32258 - 30 Jun 06 13:40 Re: TEMPO/Batam to Become Investment Center
riccardo Offline

Registered: 12 Oct 05
Posts: 2195
Loc: Jakarta
Originally posted by mal-indo:
(3) Implement R & R. And so fore.
Doesn't Batam already have an established Rest and Recreation (R&R) industry with all those brothels, call girls, escort services, Jawa girls etc. etc.??
Just here proffering my pearls to swine, my throat to wolves and my trousers to the flagpole.

#32259 - 30 Jun 06 15:14 Re: TEMPO/Batam to Become Investment Center
KuKuKaChu Moderator Offline
Pooh Bah

Registered: 09 Oct 05
Posts: 10792
Loc: Centre of the Universe
i sort of wondered too what he mean't by R&R ...

but anyway, how many of these damn "one-roof" (sic) centres have we seen now?? all they accomplish is to add yet another layer of bureaucracy to what are already massively cumbersome processes.
KuKuKaChu: dangerously too sophisticated

#32260 - 30 Jun 06 15:33 Re: TEMPO/Batam to Become Investment Center
Balibob Offline

Registered: 14 Jun 06
Posts: 1066
Loc: Bali
i think he mean Research and development of the ladies there
There is no love sincerer,.. than the love of food

(George Bernard Shaw)

#32261 - 30 Jun 06 17:21 Re: TEMPO/Batam to Become Investment Center
Dilli Offline
Pujangga Besar

Registered: 26 Feb 06
Posts: 8044
Loc: Nearest Bar
Originally posted by KuKuKaChu:
"to what are already massively cumbersome processes."
You been shagging Fat Birds again Kuku?
Menace to Sobriety


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