Investment in Indonesia

Transkripsi

1 Click to edit Master title style Investment in Indonesia Directorate of Trade, Investment, and International Economic Cooperation Ministry of National Development Planning/Bappenas 1

2 Outline Implementation of Indonesia Investment Policy National Medium-term Development Plan (RPJMN) & Government Work Plan (RKP) 2017 Challenges and Issues of Investment in Indonesia Priority Sectors in

3 Implementation of Indonesia Investment Policy 3

4 Economic Policy Packages to Improve Indonesia Competitiveness Stimulus Package I: 9 Sep 2015 Boost the competitiveness of national industry Accelerate Strategic National Pojects Boost Low Income Housing Stimulus Package Ii: 29 Sep Hours Investment Service Tax Incentives Integrated Logistiscs Facilities Stimulus Package III: 7 Oct 2015 Lower Fuel And Electricity Prices Land Permit Simplification for Investment Activities Broadening of Small Business Credit Recipients Stimulus Package IV: 15 Oct 2015 Ease and Affordability of Small Business Credit Increasing Welfare of Workers Stimulus Package V: 23 Oct 2015 Lower Assets RevaluationTax Eliminating Double Taxation for real estates, property, and infrastructure Stimulus Package VI: 5 Nov 2015 Propel Rural Economies through Development in Special Economic Zones (SEZs) Sustainable and Equitable Water Supply to the community Simplifying Import Licensing for Pharmaceutical Stimulus Package VII: 4 Dec 2015 Acceleration of Land Certification Tax Incentive for Labor Intensive Industry Stimulus Package VIII: 21 Dec 2015 One Map Policy Refinery Construction Incentive for Aircraft Maintanance Companies Stimulus Package IX: 5 Nov 2015 Acceleration of Electricity Infrastructure Development Meat Price Stabilization Meat Improvement of Logistics Sector Stimulus Package X: 11 Feb 2016 Easing of Investment Restrictions Stimulus Package XI: 29 Mar 2016 Export-oriented People s Business Credit (KURBE) Real Estate Investment Trust (REITs) Risk Management for Expediting Flows of Goods in Ports (Indonesia Single Risk Management/ISRM Further Development of the Pharmaceutical and Medical Equipments Industries Stimulus Package XII: 28 April 2016 Simplification of Licensing, Procedures, Duration, and Cost of Starting Business in Indonesia Stimulus Package XIII: 24 August 2016 Housing for Low Income Communities Issuing Government Regulation (PP) to simplify the number and timing of licensing needed to build a house for low income communities Stimulus Package IV: 11 Nov 2016 E-commerce Road Map Facilitating e-commerce start-up in doing business Related directly to investment 4

5 National Medium-term Development Plan (RPJMN)

6 Target 1 To reduce the processing time of national investment permissions to a maximum of 15 working days per type of permissions in To reduce time and number of procedures to start a business to 7 working days and 5 procedures in 2019, as part of efforts to improve Indonesia's rating in the Ease of Doing Business (EoDB). To increase investment growth or growth of gross fixed capital (GFCF) to 12.1 % in To increase domestic and foreign investment to Rp 993 billion in 2019 with a contribution of domestic investment increasing to 38.9 %. Investasi FDI and DDI Investment Realization Unit Billion Rupiah Year ,5 594,8 678,8 792,5 933,0 DDI Ratio % 33,8 35,0 36,3 37,6 38,9 Exchange rate assumption: Rp ,-/USD 6

7 Pillars of Investment Stregthening Policy The Strengthening of Investment 1 2 Improvement of Investment Climate and Business Climate Inclusive Investment Improvement 7

8 Strategy Improvement of Investment Climate and Business Climate 1 2 Simplification of 3 Development of 4 Improvement of legal investment services, investment and certainty related to for example by the business permitting the investment and development of procedures in the business Central One Stop central and regional Services (OSS) Incentive and investment facilitation Establishment of investment forum Improvement of employment climate to be more condusive Improvement of fair business competition 8

9 Strategy Inclusive Investment Improvement Prioritization in investment in sector which process raw natural resources into hugh value-added products, and encourage job creation Increasing investment dissemination to region Increasing partnership between foreign investor and local SMEs Increasing the effectiveness of the strategy and investment promotion efforts Improving coordination and investment cooperation between government and business community Developing local investment Developing outward investment Reduction of negative impact on the national economy because of the domination of foreign investor 9

10 Government Work Plan (RKP)

11 Objective and Policy Direction In 2017, investment still being pushed as an economic drivers to creates more jobs and encourages Indonesian economy to be more productive In order to achieve the investment target as an economic drivers in Indonesia, improvement on investment and business climate are prerequisite Objective 2014 RPJMN Final Baseline Target Indonesia Rank in EoDB Investment Growth (PMTB) (%) 4,6 5,1 5,2 6,0-6,6 12,1 DDI and FDI Realization (Rp Triliun) 463,1 519,5 594,8 631,5 933,0 DDI Contribution (%) 33,7 33, ,3 38, Target in RPJMN : Rp678,8T Slide

12 Policy Direction Simplifying the licensing Providing investment service/facilitation Which make it easy for foreign and domestic businessmen to invest and doing business in all around Indonesia Slide

13 Investment Realization Target for Each Province Aceh 1,18% 7,46 North Sumatera 3,00% 18,95 West Sumatera 0,43% 2,70 Riau 3,56% 22,49 Jambi Bengkulu 0,20% 1,24 PERCENTAGE Total target Rp631,5 Trillion 0,90% 5,68 Kep. Riau South Sumatera 3,63% 22,92 Lampung 0,80% 5,05 1,54% 9,73 Kep. Babel Banten 7,86% 49,64 0,5% 3,18 DKI Jakarta 10,50% 66,31 West Java 15,79% 99,68 West Kalimantan 4,60% 29,05 Center Java 4,62% 29,18 D.I. Yogyakarta 0,30% 1,89 Center Kalimantan 2,60% 16,42 North Kalimantan 0,80% 5,05 South Kalimantan 2,70% 17,05 East Java 12,50% 78,94 Bali 1,40% 8,84 West Kalimantan 7,30% 46,10 West Nusa Tenggara 1,70% 10,74 West Sulawesi 0,23% 1,46 South Sulawesi 2,50% 15,79 East Nusa Tenggara 0,40% 2,53 Gorontalo 0,04% 0,24 Center Sulawesi 3,00% 18,95 Southeast Sulawesi 1,10% 6.93 North Sulawesi 0,33% 2,07 North Maluku 0,60% 3,79 Maluku 0,19% 1,22 West Papua 0,87% 5,47 Papua 2,89% 18,23 TARGET 2017 (Rp Trilion) Slide

14 Priority Programs 1 7 Development of Infrastructure in Strategic Area Improvement on Ease of Doing Business 2 Deregulation and Harmonization of Center and Local Investment Licensing 6 Improvement on Employment Climate and Good Industrial Relations Improvement on Investment and Business Climate 3 Development of an Integrated Licensing Services 5 4 Acceleration of Investment Problem Solving Facilitation Increasing Fair Business Competition Slide

15 Ease of Doing Business Priority Activities Improvement on The Ease of Getting Electricity Improvement on The Ease of Starting Business Improvement on The Ease of Enforcing Contract Improvement on The Ease of Getting Credit Improvement on The Ease of Resolving Insolvency Improvement on Ease of Doing Business Improvement on The Ease of Paying Taxes Improvement on The Ease of Registering Property Improvement on The Ease of Minority Investor Protection Improvement on The Ease of Trade Across Border Improvement on The Ease of Dealing with Construction Permit Slide

16 Deregulation and Harmonization of Center and Local Investment Licensing Priority Activities Changing The Center and Local Regulations that Hamper Investment Deregulation and Harmonization of Investment Licensing Regulation In Center And Local Government Simplifying The Investment Licensing Synchronizing Central and Local Investment Licensing Regulations Slide

17 Development of an Integrated Licensing Services Priority Activities Developing The National Licensing System Monitoring Local Integrated Licensing Service (PTSP) Development of an Integrated Licensing Services Drafting SOP of licensing and PTSP based on national standard Slide

18 Increasing Fair Business Competition Priority Activities Law Enforcement against Anti Fair Business Competition Practices Increasing Fair Business Competition Preventing The Practice of Unfair Business Competition Monitoring Business Activities based on Fair Business Competition Mechanism Slide

19 Acceleration of Investment Problem Solving Facilitation Priority Activities Settlement of investment issues complaint Accelerating of Investment Problem Solving Facilitation Accelerating in RTRW Making especially in Strategic Area Slide

20 Challenges and Issues of Investment in Indonesia 20

21 Indonesia S Ranking in EoDB (Ease of Doing Business) No. 10 Indicator of EoDB Rank of Indonesia Starting a business Dealing with construction permit Registering property Getting electricity Paying taxes Trading across boders Getting credit Protecting minority investor Enforcing contract Resolving Insolvency ASEAN Singapura 3 2 Malaysia Thailand Brunei Vietnam Indonesia Source : World Bank, 2016 Indonesia's rank rose from 106 to 91. However, it is still lower compared to other ASEAN countries. 21

22 Indonesia s Rank in Global Competitiveness Index (GCI) Index Pilar GCI Indonesia Country Ranking 12th pillar: Innovation Swiss th pillar: Business sophistication AS th pillar: Market size Singapore 2 2 9th pillar: Technological readiness Japan 6 8 8th pillar: Financial market development Malaysia th pillar: Labor market efficiency China Thailand th pillar: Goods market efficiency Indonesia th pillar: Higher education and training India th pillar: Health and primary education Brazil rd pillar: Macroeconomic environment Rusia Vietnam nd pillar: Infrastructure Philippines st pillar: Institutions Indeks Indeks Sumber : World Economic Forum, 2016 Indonesia s ranking is still below Singapore, Malaysia, and Thailand's Indonesia has the highest index for the pillars of market size and the macroeconomic environment The lowest index is on the pillars of technological readiness and labor market efficiency 22

23 Indonesia as an attractive destination for foreign investors Multinational Enterprises top prospective host economies for (per cent of executives responding) How do you expect youur firms investment in key Asian territories to change in 2016? (respondent surveyed) Source: UNCTAD Business Survey in World Investment Report (2016) Source: The Economist Corporate Network in Asia Business Outlook Survey (2016) 23

24 Issues of Investment in Indonesia Lack of infrastructure such as roads, ports, communications, and energy such as electricity Problems of land, RTRW Not efficient procedure in making investment and business Lack of certainty of law / regulation, many overlapping regulations Less conducive employment climate such as lack of skilled manpower to meet the needs of industry and wage issues. Indonesia s ranking in EoDB who have not reached the target The distribution of investment is still in Java and Sumatra 24

25 Priority Sectors in

26 26 Promising sectors for investment.. Food Estate 35 GW Power Generation Agriculture Corn Plantation Cattle Infrastructure 24 Seaports Strategic Tourism Area Textile Food & Beverages Tourism MICE Electronics Shipbuilding Industry Automotive others Maritime Fishing Industry Cold Storage Source: BKPM In RKP 2017, BKPM role is to support the export-oriented sector that creates jobs and labor-intensive.

27 Attachment 27

28 No Kegiatan Prioritas Sasaran 1 Program peningkatan kemudahan berusaha Kegiatan Prioritas Peningkatan Kemudahan Berusaha 1.1 Perbaikan kemudahan memulai usaha Jumlah waktu memulai usaha 5 hari, 5 prosedur dan biaya Rp ,- (PNBP) Tersedianya prosedur perizinan usaha perdagangan yang disederhanakan menjadi 1 prosedur Jumlah penerbitan SK PT Badan Hukum Sosial berdasarkan permohonan sebanyak SK 1.2 Perbaikan kemudahan penegakan kontrak Jumlah waktu penegakan kontrak menjadi 38 hari, 11 prosedur dan biaya pendaftaran penegakan kontrak sebesar kurang dari Rp ,- 1.3 Perbaikan kemudahan pembayaran pajak Jumlah waktu kemudahan pembayaran pajak menjadi 166 jam per tahun, prosedur pembayaran (online) menjadi 31 kali 1.4 Perbaikan kemudahan pendaftaran Hak Atas Tanah (HGB) Jumlah waktu Pendaftaran Hak Atas Tanah(HGB) selama 5 hari, prosedur pendaftaran sebanyak 3 prosedur dan biaya pendaftaran hak atas tanah sebesar 5 persen dari nilai properti 1.5 Perbaikan kemudahan mendirikan bangunan Jumlah waktu mendirikan bangunan 35 hari, prosedur mendirikan bangunan 5 prosedur, dan persentase biaya terhadap nilai bangunan 11 persen 1.6 Perbaikan kemudahan perdagangan lintas negara Waktu impor (document compliance) 120 jam dan waktu ekspor (document compliance) 72 jam 1.7 Perbaikan kemudahan terhadap investor minoritas Indeks konflik kepentingan regulasi menjadi 8 (dari 10), indeks tata kelola pemangku kepentingan menjadi 7 (dari 10) dan indeks kekuatan perlindungan investor menjadi 7,5 (dari 10) 1.8 Perbaikan kemudahan penyelesaian perkara kepailitan Jumlah waktu penyelesaian perkara kepailitan menjadi 274 hari, dan 7 prosedur penyelesaian 1.9 Perbaikan kemudahan peningkatan akses perkreditan Indeks kedalaman kredit 8 dan cakupan informasi kredit LPIP 50% Jumlah penerbitan sertifikat jaminan fidusia berdasar permohonan sebanyak sertifikat 1.10 Perbaikan kemudahan penyambungan listrik Jumlah waktu penyambungan listrik 25 hari, prosedur penyambungan 4 prosedur, dan biaya penyambungan sebesar 116 persen dari income per capita Slide

29 Kegiatan Prioritas Pelaksanaan Deregulasi dan Harmonisasi Regulasi Perizinan Investasi Pusat dan Daerah No Kegiatan Prioritas Sasaran 2 Program Pelaksanaan deregulasi dan harmonisasi regulasi perizinan investasi pusat dan daerah 2.1 Perubahan regulasi pusat dan daerah yang menghambat investasi 1000 pembatalan perda dan perkada yang menghambat investasi dan perizinan yang diharmonisasi 2.2 Pelaksanaan harmonisasi, sinkronisasi peraturan perizinan investasi tingkat pusat dan 20 persen daerah yang melakukan deregulasi dan harmonisasi terhadap peraturan pajak daerah dan retribusi daerah 80 persen rancangan peraturan perundang-undangan bidang perekonomian yang diharmonisasikan Rekomendasi simplifikasi peraturan perizinan dan pelaporan di 5 sektor prioritas (berorientasi ekspor dan padat karya) Rumusan rekomendasi peraturan perizinan tingkat daerah yang diharmonisasi dan disinkronisasi untuk 34 provinsi 2.3 Penyederhanaan perizinan investasi 100% implementasi rekomendasi kebijakan peningkatan daya saing investasi untuk meningkatkan peringkat indeks Ease of Doing Business < 40 yang ditindaklanjuti Rumusan kebijakan penyederhanaan peraturan dan bisnis proses perizinan di Pusat dan di daerah 100% rekomendasi kebijakan Timnas PEPI dalam rangka percepatan fasilitasi penyelesaian masalah PEPI yang ditindaklanjuti Slide

30 Kegiatan Prioritas Pengembangan Layanan Perizinan Terpadu No Kegiatan Prioritas Sasaran 3 Program Pengembangan Layanan Perizinan Terpadu 3.1 Pengembangan sistem perizinan nasional Tersedianya 1 paket pengembangan sistem aplikasi perizinan dan non perizinan yang dilimpahkan kepada PTSP Pusat, Provinsi dan Kabupaten/Kota, serta KEK dan FTZ 50 PTSP Provinsi dan Kabupaten/Kota serta KEK dan FTZ yang terhubung dengan SPIPISE dan Tracking System Pengadaan 5 unit server dan storage serta 1 paket annual technical support (ATS) software Pengembangan sistem informasi kewajiban kemitraan PMA/PMDN dengan UMKM 3.2 Penyusunan SOP perizinan dan SOP PTSP sesuai standar nasional Tersedianya satu paket SOP pelayanan persetujuan, perizinan dan fasilitas penanaman modal 3.3 Pemantauan PTSP di daerah 561 PTSP penanaman modal di daerah yang dipantau penyelenggaraannya 51 kabupaten/kota yang memiliki PTSP yang prima Slide

31 Kegiatan Prioritas Peningkatan Persaingan Usaha yang Sehat No Kegiatan Prioritas Sasaran 4 Program Peningkatan Persaingan Usaha Yang Sehat 4.1 Penegakan hukum terhadap praktek anti persaingan usaha yang sehat 4.2 Pengawasan kegiatan usaha yang sesuai dengan mekanisme persaingan usaha yang sehat 4.3 Pencegahan terhadap praktek persaingan usaha yang tidak sehat 56% putusan KPPU yang dikuatkan pada tingkat Pengadilan Negeri dan Mahkamah Agung sampai dengan tahun berjalan Meningkatnya kualitas dan kuantitas penanganan perkara persaingan usaha Meningkatnya kualitas dan kuantitas pemberkasan, litigasi, dan eksekusi perkara persaingan usaha Terlaksananya 3 pengawasan langsung (inspeksi) terkait pelaksanaan kerjasama kemitraan KUMKM Terlaksananya 20 pemetaan struktur pasar dan pengawasan perilaku pelaku usaha 1 laporan pengawasan kemitraan koperasi dan UMKM Tersedianya 106 penilaian merger dan akuisisi Tersusunnya 11 saran dan pertimbangan terhadap kebijakan sektor strategis Slide

32 Kegiatan Prioritas Percepatan Fasilitasi Penyelesaian Masalah Investasi No Kegiatan Prioritas Sasaran 5 Program Percepatan Fasilitasi Penyelesaian Masalah Investasi 5.2 Percepatan penyusunan RTRW dan RDTR khususnya di kawasan strategis 5.3 Penyelesaian pengaduan masalah investasi Terlaksananya bimbingan teknis kepada pemerintah daerah dalam penyusunan/peninjauan kembali RTRW dan penyusunan RDTR di 8 KEK Tersusunnya materi teknis RDTR kabupaten/kota di sekitar 5 KEK Terlaksananya pembinaan bimbingan teknis penyusunan RDTR di sekitar 14 kawasan industri prioritas Tersusunnya materi teknis RDTR kabupaten/kota di sekitar 3 kawasan industri prioritas 17 Perusahaan yang difasilitasi penyelesaian masalah penanaman modal di wilayah I,27 perusahaan di wilayah II, 16 perusahaan di wilayah III dan 24 perusahaan di wilayah IV Terselesaikannya 2 permasalahan investasi bidang infrastruktur Fasilitas penyelesaian permasalahan aset terkait investasi di 3 provinsi Pembenahan Iklim Ketenagakerjaan dan Hubungan Industrial yang Harmonis Lihat program prioritas antar kelompok pendapatan Pengembangan Infrastruktur Pendukung Kawasan Strategis Lihat Program Prioritas Konektivitas Slide