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NEWS UPDATES Asean Affairs     February 24, 2017  

Accelerated construction program launched for 18 industrial estates

The Investment Coordinating Board (BKPM) has launched an accelerated construction program (KLIK) for another 18 industrial estates across the archipelago in an effort to boost investment amid a global economic slowdown.

With the addition of the 18 estates, there are now 32 estates with KLIK facilities.

“We hope the expansion of KLIK can accelerate investment realization, especially in areas outside Java,” BKPM head Thomas Lembong said during the launch of the program in front of hundreds of regional officials and businesspeople at the Bali Nusa Dua Convention Center on Wednesday.

The additional 18 estates are in cities and regencies in Jakarta, West Java, Central Java, East Java, Riau Islands, Riau and East Kalimantan.

The already established 14 estates are mostly in Java.

KLIK facilities are available for any project regardless of capital size and manpower numbers as long as they are located within the 32 estates. Investors can immediately start construction after obtaining principle and investment permits from the BKPM or the one-stop integrated service (PTSP).

Practical licenses, such as the license to build (IMB), environment licenses (UKL/UPL) and environmental impact analyses (AMDAL), can be registered while the construction goes on.

Since the KLIK facilities were launched in 2015, 83 projects worth Rp 122.2 trillion (US$9.13 billion) have been developed across 11 estates.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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