OIKN Committed To Creating A Conducive Investment Environment In IKN

Photo: Doc. Antara

JAKARTA - The Capital Authority of the Archipelago (OIKN) is committed to creating an investment environment, which is conducive in Nusantara, East Kalimantan. "The Capital Capital Authority of the Archipelago continues to ensure the best policies for investors in the archipelago by conducting consultations involving across ministries and institutions in the Republic of Indonesia," said Deputy for Funding and Investment of the IKN Authority Agung Wicaksono in Jakarta, quoted from Antara, Monday, January 15. Agung added regulations that were prepared to facilitate investors while ensuring benefits for the country through IKN development. Thus, according to him, the strategic steps taken show seriousness in creating a healthy and sustainable investment ecosystem for the future of IKN. OIKN together with ministries and institutions (K/L) finalize Harmonization of the Draft of the Minister of Finance Regulation (RPMK) which discusses 203 articles related to taxation and customs facilities in IKN, to be further ready to be published. The substance meeting of RPMK harmonization is a cross-K/L collaboration consisting of the Ministry of Finance IKN Authority Authority, Coordinating Ministry of the Economy, Ministry of National Development Planning/Bappenas, Ministry of Investment/BKPM, Bank Indonesia, and Financial Services Authority, specifically discussing articles that are of interest to investors in carrying out development at IKN. A total of 203 articles discusses regulations regarding tax incentives, tax incentives, property tax incentives, corporate responsibility incentives (CSR) such as donations, construction of social facilities, and development of public facilities that are non-commercial in nature, implementation of the provision of tax and customs facilities, as well as other regulatory of facilities intended for investors. The regulation is intended to provide facilities and convenience for investors, both those that initiate and those that continue development in IKN.

Broadly speaking, the substance meeting of the RPMK was the result of collaborative work from August 2023 to January 2024. This shows the commitment of the IKN Authority in creating a conducive investment environment. The transparent and collaborative cross-K/L harmonization process ensures that each resulting regulation truly represents investor needs and supports the acceleration of development in IKN. Furthermore, from the results of RPMK harmonization, then the administrative process is carried out by the Ministry of Law and Human Rights (Kemenkumham).