Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Arsjad Rasjid said Government Regulation (PP) Number 12 of 2023 concerning Providing Business Licensing, Ease of Doing Business, and Investment Facilities for Business Actors in the Capital City of the Archipelago (IKN) allowed new business opportunities for business actors.
According to him, with the facilities promised in the PP, it is hoped that entrepreneurs will find it easier to build new businesses in IKN.
"With PP Number 12 of 2023, it is hoped that it can help reduce barriers to entry for business actors in Indonesia. These promised facilities can provide opportunities to explore new business opportunities for business actors in Indonesia," said Arsjad to reporters after being met at the Government Regulation Socialization event Number 12 of 2023 in Jakarta, Tuesday, May 23.
Arsjad said the regulation could make it easier for domestic business actors to compete directly at the level of global competition, especially in the aspect of sustainability.
"Hopefully, this PP can help reduce obstacles for investors who want to enter IKN," he said.
On the same occasion, the Head of the Archipelago Capital Authority (OIKN) Bambang Susantono said that all these facilities would be served through an integrated OSS plus licensing mechanism.
Based on a series of these policies, businesses at IKN will be supported by super tax deductions, tax holidays, exemption from import duties, and Imported Taxes (PDRI).
With this convenience, OIKN hopes that the IKN development in North Penajam Paser Regency, East Kalimantan, can run quickly and sustainably until 2045.
During that period, IKN will become a futuristic city that offers global class business prospects.
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It is known, only 20 percent of the total IKN budget will be funded by the State Budget.
"The rest are private participation, including direct investment, partnerships between the government and the private sector (public-private partnership), creative financing such as crowd funding and carbon trading, philanthropy, and so on," he concluded.
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