The Indonesia Investment Coordinating Board (BKPM) and PT Justika Siar Publika (Hukumonline.com) signed a Memorandum of Understanding regarding Cooperation to Promote Socialization and Public Consultation Online Relating to Investment Law Information. This Memorandum of Understanding was signed via video conference by the Acting Deputy for Investment Climate Development (PIPM), Yuliot, with Hukumonline.com Director, Amrie Hakim, on Friday (3/4).
Cooperation between the two institutions is intended to expand the reach of public communication in the process of making, disseminating and evaluating policies and regulations related to investment. In this case, public consultation activities can be carried out online to increase the reach, speed and transparency of the process.
On the occasion, Yuliot said that this cooperation was carried out in the framework of transparency related to the issuance of investment regulations by BKPM. This can also be a benchmark for BKPM related to the development of business ease (EoDB) in Indonesia.
“Quite a lot of regulations have been issued, and with this collaboration, we can see how the impact of these regulations on business activities. We need to strengthen public communication which can be a means to accommodate the aspirations of stakeholders,” said Yuliot.
Through this cooperation, he continued, BKPM will later get an overview related to regulatory aspects, public reaction to published regulations, and records from the public as a result of cooperation with Hukumonline. This legal review is expected to have an impact on the issuance of better regulations for investment activities in Indonesia so that can be a friendly country for investment purposes.
“Hukumonline can see in terms of regulatory aspects, how public reaction and records in the form of drafting. Cooperation is needed, the preparation of regulatory transparency is needed, how the quality of regulatory transparency going forward is better in terms of investment,” he added.
Hukumonline.com is a one-stop legal portal which provides information services in the form of legal news. This collaboration is welcomed by Hukumonline.com because it can provide enlightenment and education to the public regarding the legal context in Indonesia, particularly regarding investment.
On the same occasion, Amrie Hakim acknowledged that cooperation between the two parties had been initiated since the end of 2019. In this case, Hukumonline is here to support the government in this matter BKPM to improve the investment climate in Indonesia, and also improve Indonesia’s EoDB ranking which is currently ranked 73.
“Based on experience, law enforcement factors are important requirements that need to be pursued together to increase investment. And indeed, good regulation is what needed in the process. We can listen to the aspirations and absorb the opinions of stakeholders per Law No. 12 of 2011 concerning the Formation of Legislation,” he said.
With this collaboration, Amrie hopes that Hukumonline can help BKPM in its efforts to improve the process of making higher quality regulations, and absorb public aspirations, as well as contribute and positive impacts to Indonesia amid the impact of the Covid-19 pandemic.