The government is currently concerned about creating a system, so that investors interested in this field truly think about the environmental impact.
Jakarta (ANTARA) - The Investment Ministry or the Investment Coordinating Board (BKPM) made assurance of the government's readiness to provide fiscal and non-fiscal incentives to support the growth of green investment.

The incentives do not have to be in the form of tax break but also conveniences, ASEAN, Australia, New Zealand, and Pacific Region Promotion Director at the Ministry Saribua Siahaan stated.

"For instance, the green line in goods import can also be an incentive," he noted during the Green Investment Potential and Attractive Incentive Design webinar on Tuesday.

According to Siahaan, in the past, investors needed to have a proven track record before receiving the goods import facilitation.

However, new investors can currently receive goods import facilitation for capital materials or goods to encourage the realization of their investment.

"If the machine comes quick, then the business can run earlier. This is also an incentive," he pointed out.

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The Investment Ministry pays special attention to green investment on account of its vast potential in Indonesia.

"The government is currently concerned about creating a system, so that investors interested in this field truly think about the environmental impact," Siahaan noted.

Despite this, incentive in sectors that support the green economy cannot be generalized since it has to be considered case by case, he emphasized.

However, essentially, the government is concerned about adjusting the investment licensing system to provide assurance to investors, he stated.

The government is ready to inform investors of the potentials and regulations in investment while also assisting in plans from investors interested to invest in Indonesia, he added.

During the event, the Energy and Mineral Resources Ministry highlighted that achieving net-zero emissions by 2060 necessitates investment worth US$1,108 billion, specifically for additional renewable power plants.
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Translator: Ade irma Junida, Fadhli Ruhman
Editor: Suharto
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