Knock! Bogor City DPRD Approves Regional Regulation On Providing Incentives And Ease Of Investment

Chairman of the Bogor City DPRD Adityawarman Adil with Acting Mayor of Bogor Hery Antasari plenary meeting held, Tuesday, October 8, 2024

BOGOR - Bogor City DPRD together with the Bogor City Government have stipulated a Draft Regional Regulation (Raperda) on Providing Incentives and Ease of Investment into (Regional Regulations) at a plenary meeting held on Tuesday, October 8.

A spokesman for the Regional Regulation Formation Agency (Bapemperda) of the Bogor City DPRD, Eka Wardhana, said that the Raperda on Providing Incentives and Ease of Investment had obtained facilitation from the Regional Secretariat of West Java Province and carried out improvements in terms of consideration, balance, legal basis and body trunk in accordance with the provisions of the latest legislation.

Eka explained that this Raperda is intended to realize legal certainty and as a guideline in Providing Incentives and Ease of Investment to increase Investment and Equitable Development in the Regions.

"We hope that with this Raperda economic growth in Bogor City can increase with the creation of new jobs," explained Eka.

Responding to the Bapemperda report, Acting Mayor of Bogor, Hery Antasari expressed his gratitude to the leadership and members of the DPRD who have discussed and approved the Raperda on Providing Investment Incentives and Ease.

According to him, the presence of this Regional Regulation is expected to provide legal certainty and serve as a guideline in Providing Incentives and Ease of Investment in Bogor City Regions and Regional Governments can prioritize Providing Incentives and/or Providing Ease of Investment for certain types of businesses or certain activities, such as micro-enterprises and cooperatives.

"This Raperda is expected to create more attraction or stimulate investors to invest in Bogor City in order to create competitive investment climates, increase access and economic capabilities," he concluded.

After listening to the Bapemperda report and the response of the Acting Mayor of Bogor, the Chairman of the Bogor City DPRD, Adityawarman Adil, made the decision to appoint a Raperda regarding the Providing of Incentives and Ease of Investment to become a Regional Regulation based on the approval of all members of the Bogor City DPRD who attended the Plenary Meeting.

"We ask the Bogor City Government to immediately localize and compile the Perwali as a technical guidelines for the implementation of the Regional Regulation," he concluded.