{"id":123201,"date":"2018-01-05T13:21:09","date_gmt":"2018-01-05T06:21:09","guid":{"rendered":"https:\/\/setkab.go.id\/?p=123201"},"modified":"2018-01-08T15:57:43","modified_gmt":"2018-01-08T08:57:43","slug":"govt-to-disseminate-improved-regulations-to-investors","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/govt-to-disseminate-improved-regulations-to-investors\/","title":{"rendered":"Gov\u0092t to Disseminate Improved Regulations to Investors"},"content":{"rendered":"<div id=\"attachment_123206\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/01\/5jan.jpg\" rel=\"attachment wp-att-123206\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-123206\" class=\"size-medium wp-image-123206\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/01\/5jan-300x210.jpg\" alt=\" Minister of Industry responds to reporters\u0092 questions after a Limited Meeting at the Merdeka Palace Jakarta, on Friday (5\/1)\" width=\"300\" height=\"210\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/01\/5jan.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/01\/5jan-150x105.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-123206\" class=\"wp-caption-text\">Minister of Industry responds to reporters\u0092 questions after a Limited Meeting at the Merdeka Palace Jakarta, on Friday (5\/1)<\/p><\/div>\n<p>The Government to conduct a \u0091roadshow\u0092 to disseminate regulations in Indonesia that have been improved, to investors and rating agencies in order to create a better investment climate. The statement was made by Minister of Industry Airlangga Hartarto after attending a Limited Meeting at the Merdeka Palace, Jakarta, on Friday (5\/1).<\/p>\n<p>The Minister explained that several industries have grown above the economic growth, such as foods and beverages, chemical industry, downstream steel industry, pulp and paper, and part of jewelry industry. <!--more--><\/p>\n<p>\u0093For the development of industrial areas, the investment target in that areas must be exceeding Rp250 trillion, while the outlook\u0092s target is around Rp 325 trillion,\u0094 Airlangga added.<\/p>\n<p>The Minister also said that the Government is now implementing some measures in order to increase industrial competence. The first one is by increasing incentives for vocational sector. \u0093As I said earlier, the Ministry of Industry has informed the Ministry of Finance that there are 10 policy packages related to investment, innovation, vocation, including development of automotive industry,\u0094 the Minister added.<\/p>\n<p>According to Airlangga, for research and development (R&amp;D), Indonesia, like any other countries, has provided a benchmark with Thailand and other countries that give 300 percent tax allowance. The Minister also added that his office has delivered that information to the Ministry of Finance so Indonesia can be at the same position as other ASEAN countries.<\/p>\n<p>\u0093Regarding tax allowance for vocation, the allocation is also 200 percent. President Jokowi has previously asserted that after infrastructures, (the Government) will concentrate on human resources including reallocating budget to ministries which implement vocational development,\u0094 the Minister said adding that budget reallocation can be provided to Ministry of Manpower or Ministry of Industry.<\/p>\n<p><strong>Investment Roadshow<\/strong><\/p>\n<p>Airlangga also stated that the President instructed (the ministries) to coordinate on matters relating to investment and, proposed to hold a \u0091one on one\u0092 meeting with S&amp;P., The President also instructed Coordinating Minister for Maritime Affairs to coordinate with Morgan Stanley,\u0094 Airlangga added.<\/p>\n<p>The coordination to be done once every four months if investors deemed it is necessary. In the meantime, the \u0091roadshow\u0092 will be managed by Coordinating Minister for the Economy .<\/p>\n<p>\u0093Periodically, it will be conducted once every four months, and will be managed by the Coordinating Minister,\u0094 Airlangga said adding that the President also instructed Coordinating Minister for Maritime Affairs to evaluate tax allowance. \u00a0(<strong>FID\/DNS\/EN<\/strong>) (<strong>RAS\/<\/strong><strong>MMB\/YM\/Naster<\/strong>)<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government to conduct a \u0091roadshow\u0092 to disseminate regulations in Indonesia that have been improved, to investors and rating agencies in order to create a better investment climate. The statement was made by Minister of Industry Airlangga Hartarto after attending a Limited Meeting at the Merdeka Palace, Jakarta, on Friday (5\/1). The Minister explained that [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":123206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-123201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov\u0092t to Disseminate Improved Regulations to Investors - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/govt-to-disseminate-improved-regulations-to-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u0092t to Disseminate Improved Regulations to Investors - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"The Government to conduct a \u0091roadshow\u0092 to disseminate regulations in Indonesia that have been improved, to investors and rating agencies in order to create a better investment climate. 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