Badan Penanaman Modal Kalimantan Timur (BPM-Kaltim) is an investment promotion agency located in East Kalimantan, Indonesia. Its main function is to attract and facilitate local and foreign investment in various sectors in the region. In this article, we will provide a comprehensive guide to BPM-Kaltim, including its history, objectives, functions, services, and achievements.
History
BPM-Kaltim was established in 1997 by the East Kalimantan provincial government as a response to the increasing demand for investment in the region. The agency was initially known as Badan Koordinasi Penanaman Modal (BKPM) Kaltim before being renamed as BPM-Kaltim. Since its establishment, BPM-Kaltim has been actively promoting investment in various sectors, such as mining, agriculture, tourism, and infrastructure.
Objectives
The main objective of BPM-Kaltim is to create a conducive investment climate in East Kalimantan by providing comprehensive and reliable information, services, and incentives to prospective investors. The agency aims to attract and facilitate investment in various sectors that can promote economic growth, job creation, and sustainable development in the region. BPM-Kaltim also seeks to promote East Kalimantan as a competitive and attractive investment destination in Indonesia and the Asia-Pacific region.
Functions
BPM-Kaltim performs various functions to support its objectives, including:
- Investment promotion: BPM-Kaltim promotes and markets investment opportunities in East Kalimantan through various channels, such as trade fairs, seminars, and online platforms.
- Investment facilitation: BPM-Kaltim facilitates investment by providing information, guidance, and assistance to investors in the pre-investment, investment, and post-investment phases.
- Policy advocacy: BPM-Kaltim advocates for policies and regulations that are conducive to investment and economic development in East Kalimantan.
- Investment monitoring: BPM-Kaltim monitors and evaluates investment activities in the region to ensure compliance with regulations and to identify areas for improvement.
Services
BPM-Kaltim offers a range of services to investors, including:
- Investment information: BPM-Kaltim provides comprehensive and up-to-date information on investment opportunities, regulations, incentives, and procedures in East Kalimantan.
- Investment facilitation: BPM-Kaltim assists investors in obtaining necessary licenses, permits, and approvals from relevant government agencies and provides support in land acquisition and other related matters.
- Business matching: BPM-Kaltim facilitates business matching between investors and local partners or suppliers to enhance the competitiveness of the investment projects.
- Aftercare services: BPM-Kaltim provides aftercare services to investors to ensure the smooth operation of their businesses and to address any issues or concerns they may have.
Achievements
Since its establishment, BPM-Kaltim has achieved several notable accomplishments, including:
- Attracted over Rp 200 trillion (US$14 billion) of investment to East Kalimantan as of 2021.
- Facilitated the establishment of various investment projects in the region, such as mining, oil and gas, agriculture, and tourism.
- Collaborated with other stakeholders, such as the central government, local governments, and business associations, to promote investment and economic development in the region.
- Received various awards and recognitions for its excellence in investment promotion and facilitation.
Conclusion
BPM-Kaltim plays a vital role in promoting and facilitating investment in East Kalimantan. The agency’s history, objectives, functions, services, and achievements demonstrate its commitment to creating a conducive investment climate and promoting sustainable economic development in the region. As East Kalimantan continues to grow and develop, BPM-Kaltim will continue to play a crucial role in attracting and facilitating investment that can benefit the region’s people and economy.
