Power supply shortage still major problem for foreign investors

Power shortages remain a major obstacle for investors doing business in Indonesia, despite the government’s efforts to establish numerous power plants in the past several years, according to findings from the Investment Coordinating Board (BKPM).

In addition to the lacking power supply, difficulties encountered by investors attempting to acquire land from local people also hampered business activities, although the government promised to simplify land acquisition procedures, BKPM said.

The findings were made June 9-12 during the agency’s four-day field trip to nine investment projects in West Java and Central Java.

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Posted June 18, 2015 by repit in News

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