Thursday, December 7, 2023

How BKPM secures Indonesia’s investment growth during pandemic

Reading Time: < 1 minute
Valina Zahra





In the midst of the COVID-19 pandemic in Indonesia, the Investment Coordinating Board (BKPM) has continued to offer investment opportunities in accordance with President Joko “Jokowi” Widodo’s instruction.

One of the BKPM’s vigorous efforts to increase investment realization is to resolve the problem of stalled investment in Indonesia as well as four other strategies that the board has prepared to maintain the investment climate amid the COVID-19 pandemic such as:

  1. Facilitating the potential for expansion of existing companies’ investment (brown investment) by giving IDR 517.6 trillion for more than 25 companies in Indonesia, with the highest recipient is Rosneft (IDR 211.9 trillion);
  2. Facilitating constrained investment projects (stalled investment) to attract and convince potential investors that Indonesia is capable of solving any type of investment problems;
  3. Seeking new investment sources (green investment);
  4. Encouraging innovation incentives for new investment companies and investment expansion companies, such as tax holiday, tax allowance, free of import duty, R&D and training incentives, development of Batang Integrated Industrial Zone (KTT) and negative list of investment to be the priority list of investment.

The BKPM is also driving investment through additional value priority sectors such as:

  • Labor-intensive manufacturing like pharmaceuticals and medical devices industry;
  • Infrastructure;
  • Renewable Energy; and
  • Mining industry.
Valina Zahra






We will provide you with an invoice for your reimbursable expenses.


New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.


$550 USD/Year


$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.


The Attorney General’s Office questioned Acep Jamhuri, Secretary of Karawang Regency, in a corruption case tied to Army Housing Mandatory Savings (TWP AD) for 2019-2020
The $30 billion legacy initiative in East Kalimantan faces uncertainty due to the revelation that several foreign investment commitments have not materialized, sparking speculation about overseas skepticism.
PT Perusahaan Listrik Negara (PLN) has successfully secured four significant agreements aimed at expediting the incorporation of renewable energy sources during the United Nations Climate Change Conference, COP 28, held in Dubai, United Arab Emirates over the past weekend.
PT Indonesia Stock Exchange (BEI) recently announced PT Waskita Karya Tbk (WSKT) to be removed from the stock exchange or delisted which has a direct impact on investors.
The National Council of Special Economic Zones (SEZ) has given the green light for the creation of three new SEZs—Setangga, Tanjung Sauh, and Nipa, in an effort to boost economic development. 
The Association of Southeast Asian Nations (ASEAN) spans an incredibly diverse geography, covering approximately 4.5 million square kilometers, making it one of the world’s largest regional organizations in terms of landmass.