Jakarta, Indonesia, September 22, 2010
—IFC, a member of the World Bank Group, is helping the provincial government of Jakarta set up a one-stop shop to improve the quality of licensing services for business start-ups, which will help foster economic growth by making it easier for entrepreneurs and investors to start businesses.
The one-stop shop, called the One Gate Integrated Licensing for Investment Services, integrates the processes for obtaining 19 business licenses and permits. Investors can obtain information regarding procedures, time and costs for obtaining those licenses and permits, as well as submit applications in just one step. This, in turn, will streamline the procedures to obtain business licenses, and make business-entry procedures more transparent.
Fauzi Bowo, Governor of Jakarta, said, “The establishment of this provincial-level one-stop shop is part of the Jakarta government’s broader reform program. Our goal is to make it easier for businesses to start up and obtain licenses for all entrepreneurs and investors in Jakarta, be they micro, small, medium, or large enterprises. Our work is still in progress and the Jakarta government is committed to continue to pursue this ongoing reform effort to reach the end goal.”
The one-stop shop offers parallel license processing and is expected to reduce to no more than 38 days the amount of time it takes obtain business licenses.
“Improving the investment climate is crucial for supporting Indonesia’s drive for competitive economic growth and job creation through private sector development,” said Dorothy Berry, IFC Vice President for Human Resources, Communications, and Administration. “We are pleased to work with a client as committed as the provincial government of Jakarta to help advance business-entry reform and improve the overall investment climate in Jakarta.”
The Investment Climate Advisory Services of the World Bank Group in Indonesia, which is supported by the governments of Australia, Netherlands, New Zealand, and Switzerland, provided assistance for the one-stop shop. The program works with the government of Indonesia to improve the investment climate that supports economic growth and job creation through private sector development.
About the Investment Climate Advisory Services of the World Bank Group
The Investment Climate Advisory Services of the World Bank Group helps governments implement reforms to improve their business environment, and encourage and retain investment, thus fostering competitive markets, growth and job creation. Funding is provided by the World Bank Group (IFC, MIGA, and the World Bank) and over fifteen donor partners working through the multi-donor FIAS platform.
