JAKARTA - Deputy Minister of Foreign Affairs of the Republic of Indonesia Arif Havas Oegroseno emphasized that investment, trade and international economic relations are an important part of Indonesia's diplomacy portfolio, with representatives abroad playing an important role in facilitating investment.
This was said by Foreign Minister Havas at the International Seminar on Debottlenecking Channel which was jointly held by the Coordinating Ministry for Economic Affairs, the Ministry of Finance, the Ministry of Foreign Affairs and the Government Program Acceleration Task Force to Support Economic Growth (Satgas P3-MPPE) which raised the theme "Resolving Bottleneck, Accelerating Investment" at the Dhanapala Building, Ministry of Finance, Jakarta, Tuesday (12/5).
In his keynote speech, Minister of Finance (Menkeu) Purbaya Yudhi Sadewa revealed that to achieve higher and stronger economic growth, Indonesia needs to increase investment and private participation in the economy.
"Therefore, a better business climate, credible investment policies, a strong legal framework, and consistency in enforcing rules are key to increasing private sector participation in Indonesia," said the Minister of Finance, launching the Indonesian Ministry of Foreign Affairs, Wednesday (13/5).
However, the implementation of various aspects still needs to be strengthened through more practical and transparent mechanisms. This is important to maintain investor confidence in carrying out business and investing in Indonesia.
"The formation of the Debottlenecking Channel is one of the practical approaches to realize this condition," he explained.
The Minister of Finance assessed that the Debottlenecking Channel mechanism was more effective in improving the investment climate, because regulatory improvements came directly from the real problems faced by the business world.
"I heard directly from the private sector what their problems were, and we solved them. In the end, we will also improve existing regulations as needed. In my opinion, that is a better approach, which will give faster and more tangible results, because we are dealing with the real problems faced by the business world in this country," he explained.
Meanwhile, Deputy Minister of Foreign Affairs Havas, in turn, emphasized the importance of strengthening Indonesian economic diplomacy in supporting the increase in national investment. The Deputy Minister of Foreign Affairs highlighted the current global economic dynamics, including the phenomenon of weaponization of economic relations, which requires countries to be increasingly adaptive and strategic in maintaining their economic competitiveness.
According to him, Indonesia is currently not only competing in terms of land, tax incentives, and investment facilities, but also in building trust, capacity, efficiency, resilience, legal certainty, as well as credible and sustainable investment strategies.
In this context, debottlenecking efforts are an important aspect of creating a more transparent, inclusive, and responsive investment process to investor needs. Minister of Foreign Affairs Havas emphasized that the issues of investment, trade, and international economic relations are currently an important part of Indonesia's diplomacy portfolio and have also colored various international negotiation processes.
In this regard, the role of Indonesian representatives abroad is very crucial in facilitating investment, both towards (Inbound Investment) and from Indonesia (Outbound Investment), including receiving complaints of investment barriers and facilitating the resolution of investment problems.
Furthermore, the existence of the Task Force is considered to provide real benefits for all Indonesian Representatives abroad in identifying, monitoring, and following up investment potential from various countries.
The discussions that took place at this seminar are expected to strengthen the capacity of the Indonesian Representative in tracing potential investment movements in a more targeted and coordinated manner.
In the next session, the seminar was filled with a panel discussion that featured the Deputy for Economic Affairs of the Cabinet Secretariat Satya Bhakti Parikesit, the Head of the Foreign Policy Strategy Agency of the Ministry of Foreign Affairs Muhammad Takdir, and the Special Staff of the Minister of Finance for Industry and Environmental Economics Michael Goutama who acted as moderator. The discussion discussed various strategic issues, ranging from business licensing reforms, taxation and customs, logistics and infrastructure, energy access, to strengthening the coordination mechanism across ministries/institutions in supporting investment facilitation and certainty.
The seminar also featured a demonstration of the case handling mechanism presented by the Tax Compliance Expert Staff of the Directorate General of Taxes, Yon Arsal, together with the Director of Productivity and Economic Growth Strategy of the Directorate General of Economic and Fiscal Strategy of the Ministry of Finance, Andriansyah. The session provided an overview of the operational mechanism of the Debottlenecking Channel, as well as showing a cross-ministry and agency approach to accelerating the resolution of investment and business obstacles.
Through this initiative, the Government of Indonesia confirms its commitment to continue to strengthen investment facilitation, improve regulatory certainty, and strengthen partnerships between the government and the business world to support sustainable and inclusive economic growth. Participants in the seminar were representatives of foreign embassies and diplomatic missions, chambers of commerce and business associations, investors, as well as national and international media.
It is known that this seminar is part of the government's efforts to continue to encourage the acceleration of investment realization through the simplification of business processes and the effective, practical and transparent resolution of various investment obstacles.
This step, among others, is taken through the Debottlenecking Channel (P3-MPPE Task Force), as part of a strategy to achieve high economic growth, while strengthening economic resilience in the midst of ongoing global uncertainty.
This seminar is intended to introduce more broadly, related to the existence of a mechanism for handling investment and business obstacles which includes resolving various obstacles ranging from licensing, regulations, taxation, logistics, infrastructure, to cross-sector coordination as well as Ministries/Institutions and Regional Governments through the Debottlenecking Channel. At the same time, it emphasizes Indonesia's commitment to improving the investment climate and strengthening legal certainty.
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