Foreign Investment In Batam Reaches IDR 13.2 Trillion Until The Third Quarter Of 2024

JAKARTA - The Department of Investment and One Stop Integrated Services (DPMPTSP) Batam City, Riau Islands, noted that the realization of foreign investment or investment (PMA) until the third quarter (January-September) 2024 reached IDR 13.2 trillion.

Batam City DPMPTSP Head Reza Gaddafi, in Batam, quoted by Antara, Sunday, December 15, said that based on sectors, divided investments such as the engine, electronics, medical instruments, electrical equipment, precision, optics and hours industry.

In addition, housing, area, industry and offices. Then other services as well as trade and repair.

"The sector is a combination of PMA and domestic investment (PMDN) until September this year," said Reza.

He conveyed that the DPMPTSP also noted an expansion of service hours on Saturday, to facilitate the needs of people who find it difficult to take care of administration during working hours.

"Starting at this time, services will be open on Saturday, in collaboration with BP Batam to provide half-day services," said Reza.

The move was taken after receiving complaints from many workers who had to sacrifice their working hours for administrative affairs.

"With these steps, the Batam PTSP Service hopes to simplify the licensing process and support investment growth in the city of Batam," he said again.

Previously, the Batam City DPMPTSP stated that the Public Service Mall (MPP) had four licensing application systems to improve services.

Head of Batam City DPMPTSP Reza Gaddafi, in Batam, Friday, December 13, said specifically in Batam City, the existence of MPP has been in operation since 2018 and has been harmonized with One Stop Integrated Services (PTSP), which is currently being mapped out for licensing and non-permission business processes.

"A total of 155 business licenses are under the authority of the Batam City Government and 62 business licenses that are under the authority of BP Batam," said Reza.

He conveyed this in place of the Batam MPP as the most complete licensing service center in Indonesia today, with 416 available services.