Badan Penanaman Modal Oss (BPMO) is an Indonesian government agency responsible for promoting and facilitating investment in the country. Through its services, BPMO aims to attract domestic and foreign investors to invest in Indonesia, thus contributing to the country’s economic growth.
What is BPMO?
BPMO was established in 2013 as a merger of two previously existing investment agencies, namely the Investment Coordinating Board (BKPM) and the Capital Investment Coordinating Board (BKPM). This merger was done to streamline the investment process in the country and provide better services to investors.
Since its establishment, BPMO has been playing a significant role in promoting investment in Indonesia. The agency provides various services to investors, including investment promotion, investment facilitation, and investment aftercare.
Why Invest in Indonesia?
Indonesia is a country with vast potential for investment. The country’s strategic location, abundant natural resources, large population, and growing middle class make it an attractive destination for investors.
Indonesia also has a stable political environment and a favorable investment climate. The government has implemented various policies and measures to attract foreign investment, such as tax incentives, streamlined licensing procedures, and the creation of special economic zones.
Services Provided by BPMO
As mentioned earlier, BPMO provides various services to investors to facilitate the investment process. These services include:
Investment Promotion
BPMO promotes Indonesia as an investment destination through various channels, such as seminars, exhibitions, and business forums. The agency also provides information on investment opportunities in different sectors and regions in the country.
Investment Facilitation
BPMO facilitates the investment process by providing assistance in obtaining necessary licenses and permits, connecting investors with relevant government agencies, and ensuring that the investment process runs smoothly.
Investment Aftercare
BPMO provides aftercare services to investors to ensure that their investment in Indonesia runs smoothly. The agency assists investors in resolving any issues that may arise during the investment process and provides support in expanding their business in the country.
Investment Opportunities in Indonesia
Indonesia offers investment opportunities in various sectors, including:
Manufacturing
Indonesia has a well-developed manufacturing industry, which includes automotive, electronics, textiles, and food and beverage. The country’s abundant natural resources and large labor force make it an attractive destination for manufacturing investment.
Tourism
Indonesia is a popular tourist destination, known for its stunning beaches, cultural heritage, and natural beauty. The government has set a target to attract 20 million foreign tourists by 2020, creating opportunities for investment in hotels, resorts, and tourism-related infrastructure.
Infrastructure
Indonesia has set an ambitious infrastructure development plan, with a target to spend USD 350 billion on infrastructure projects over the next five years. The plan includes the development of ports, airports, roads, and railways, creating opportunities for investment in the infrastructure sector.
Conclusion
BPMO plays a crucial role in facilitating investment in Indonesia. The agency provides various services to investors, making the investment process smoother and easier. Indonesia offers vast potential for investment, and with BPMO’s support, investors can take advantage of the opportunities available in the country.
If you are interested in investing in Indonesia, contact BPMO for more information and assistance.
