The Strategic Investment Action Plan (SIAP)

I. Tax/Customs

  • Establishing/Strengthening Self Assessment System (*)
  • Reforming VAT system for export promotion
  • Strengthening the protection of taxpayers' rights
  • Promoting transparency and disclosure for tax administration
  • Reforming tax system to reduce real business cost
  • Reforming tax system to promote human exchange
  • Continuing dialogue on tax
  • Reducing administrative obstacles to speed up custom clearance (*)
  • Improving work ethic
  • Socializing new regulation/law and its interpretation (*)
  • Improving EDI system and On-line DGCE official website (*)
  • Enhancing effectiveness of bonded warehouse
  • Enhancing transparency and fairness
  • Other issues indirectly related to custom activities

(*) JICA cooperation is expected for some of the projects.

II. Labor

  • Reviewing the Labor Law and regulations to ensure competitiveness of private companies (*)
  • Enforcing the Industrial Relations Dispute Settlement Law properly to solve the disputes
    quickly and fairly (*)
  • Promoting social system(s) (vocational training, job placement and national certification system) to create fair, flexible and productive labor market (*)
  • Simplifying the procedure to obtain business visa for smooth business activities by expatriates - Establishing the practical social security program

(*) JICA cooperation is expected for some of the projects.

III. Infrastructure

  • Enacting a regulatory and policy reform to encourage private investment
  • Making a concrete national plan
  • Having a close communication with investors and other stakeholders
  • Improving the key infrastructure to promote investment (*)

(*) JICA and JBIC cooperation is expected for some of the projects.
In addition, there is a possibility that some of the respective infrastructure projects may be supported by the Japanese ODA according to the necessity and eligibility.

IV. Competitiveness/ Small and Medium Enterprises

  • Making an industrial strategy for enhancing competitiveness of Indonesia (*)
  • Promoting supporting industry (*)
  • Strengthening the investment agency's role of providing service to investors (*)
  • Protecting the intellectual property in the domestic market (*)
  • Introducing internationally adopted industrial standard
  • Deepening the understanding of EPA by the public (*)

(*) JETRO, JICA or private sector cooperation is expected for some of the projects.


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