Jakarta Proposes to be Special Economics Region
Friday, 11 August, 2006 | 19:36 WIB

Tempo Interactive, Jakarta: The regional government of Jakarta Special Territory (DKI) is proposing to be Indonesia’s Special Economics Region (KEKI). Therefore, certain incentives are being considered in order to stimulate investors.

“It's certainly possible (that we grant tax incentives). However, we could give tax reduction at the very least,” Governor of DKI Jakarta Sutiyoso said Friday (11/8) after opening a seminar in the Jakarta International Investment Expo (JIVEST) 2006.

In addition, Sutiyoso said, the DKI government will also support the one-stop service system in order to speed up the permission process. The reason for this is that the slow permission process as well as the complex bureaucracy do not interest investors at all.

“We will try to issue ( permission) within 30 days. One-stop service will also be carried out. Jakarta is actually struggling with other countries for investors,” he said.

RR Ariyani
Jawawa.net: Indonesian Business and Investment News Aggregator