The government through the Ministry of Investment / Investment Coordinating Board (BKPM) launched 47 sustainable investment projects worth Rp 155.12 trillion. Investment Minister/Head of BKPM Bahlil Lahadalia said the 47 projects were spread across a number of sectors, namely tourism, economic zones, industry and infrastructure. According to Bahlil Lahadalia, as many as 47 projects offered…

The Minister of Agrarian and Spatial Planning/Head of the National Land Agency Sofyan Djalil gave a keynote speech at the Infrastructure Outlook 2022 broadcast by CNBC Indonesia, Thursday (24/2/2022). In his presentation, Sofyan talked about the urgency of land in infrastructure development. “The availability of land free of disputes is very important,” he said. In…

Value Added Tax (PPN) will increase from 10 percent to 11 percent starting April 1, 2022. The increase in VAT rates follows the ratification of the Harmonization of Tax Regulations (HPP). Responding to this, the Director of the Tax Research Institute, Prianto Budi Saptono, said the 11 percent VAT rate was a middle way to…

The Directorate General of Highways of the Ministry of Public Works and Public Housing (PUPR) received a FY 2022 budget of Rp 39.70 trillion. PUPR Director General of Highways Hedy Rahadian said the majority of the total budget was allocated for connectivity infrastructure programs, which reached Rp 37.30 trillion or 92.94 percent. While the remaining…