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BKPM Unplug 50 Investment Licenses in North Sumatra

BKPM Unplug 50 Investment Licenses in North Sumatra

MedanBisnis - Medan. It is not considered serious, Investment Coordinating Board (BKPM) has revoked 50 licenses of 56 investment companies in North Sumatra (North Sumatra) because it does not convey the investment activity in the Activity Report (LKPM). In addition, until now these investors also have not made the investment realization.

"Letters have been sent yet to receive a response from investors concerned. The revocation is done directly by BKPM," said Head of Supervision and Control of CEW Sumatra, Mimi Rangkuti, to MedanBisnis, Thursday (26/3).

Previously, the Board of Investment and Promotion (CEW) Sumatra has written 56 companies that are located in several areas such as Medan, Deliserdang, shavings with business services sector. It also has been given a deadline until March 13, 2015. "There are four companies that responded after we send the letter, but many others do not respond. That is why the BKPM then revoke the license. Around dozens lah. It's us again to collect the data and then will be disseminated to the district / city, "he said.

Of the 56 companies, 5 of which are the extension license will be revoked for not delivering LKPM, the rest is a company that only has permission but not yet realize the investment. He asserted, revocation of permission to BKPM and including asking CEW make BAP is based on the Head of BKPM Regulation No. 3 of 2012 on Guidelines and Procedures for the Implementation of the Investment Control.

In Article 24, paragraph 3, for example, stated that the investment license revocation is based, among others, the proposal of the provincial capital investment (PDPPM) or the district / city capital investment (PDKPM) or Agency Concession Free Trade Zone and Free Port ( KPBPB) if the project site is located in the region KPBPB. Revocation of license is also a follow-up of the imposition of sanctions for violations of the company as not deliver LKPM. (Ramita harja)
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