President asks for investment barriers to be swept away, Rosan: There is no need for obstacles to be there

JAKARTA - President Prabowo Subianto asked that investment flows not be hampered by rules that slow down execution in the field.

The instruction was conveyed to the Minister of Investment and Industrialization/Head of BKPM as well as Danantara CEO Rosan Perkasa Roeslani during a meeting at the Presidential Palace, Jakarta, Tuesday (21/4).

According to Rosan, the President's direction does not stop at the investment figure target. The head of state emphasized that investment must also create good, correct, and quality jobs.

"Don't let our regulations actually hinder. Our regulations that actually hinder. Pertek-pertek also has to, said the President, that is, if it hinders, there is no need," said Rosan.

The technical permit in question is a technical approval, namely a document or recommendation from ministries and agencies that is usually needed before permits or projects can run. In the field, this stage is often complained about by business actors because it makes the investment process longer.

The message came out when the realization of investment in the first quarter of 2026 was recorded at Rp498.79 trillion or 100.36 percent of the target of Rp497 trillion. This achievement increased by 7.22 percent compared to the same period last year. Labor absorption also reached 706,569 people, or grew 18.93 percent year-on-year.

Rosan said the government was asked to compare the rules in Indonesia with ASEAN countries and OECD standards, a group of developed countries that serve as a reference for economic policies. Therefore, the government is asked to accelerate the investment process by reducing rules that are considered to slow down licensing.

He also said that foreign investor interest was still high even though the global situation was overshadowed by war, geopolitics, and geoeconomics. During his visit to Singapore, China, Korea, and Japan, Rosan claimed to have found a large investment commitment.

He gave an example of the investment potential from Japan approaching US$30 billion, while from South Korea more than US$10 billion. China, said Rosan, also continues to show strong investment interest.