Badan Penanaman Modal DIY (BPM DIY) is the investment board of the Yogyakarta Special Region in Indonesia. As the name suggests, its main objective is to promote and facilitate investments in the region. In this article, we will discuss everything you need to know about BPM DIY and how it can help you with your investment plans.
What is BPM DIY?
BPM DIY is a government agency that was established in 1992 under the Investment Law No. 1 of 1967. Its main role is to attract and facilitate investments in the Yogyakarta Special Region. This includes both domestic and foreign investments.
The agency is headed by a chairman who is assisted by several members. The chairman is appointed by the governor of Yogyakarta Special Region and the members are appointed by the chairman based on their expertise in various fields such as finance, law, marketing, and investment.
What are the functions of BPM DIY?
1. Investment Promotion: BPM DIY promotes investment opportunities in the region through various means such as seminars, workshops, and roadshows. It also provides information about investment regulations, incentives, and facilities to potential investors.
2. Investment Facilitation: BPM DIY assists investors in obtaining necessary licenses and permits to start their businesses in the region. It also helps investors in finding suitable locations for their businesses and provides information about available resources such as land, labor, and utilities.
3. Investment Supervision: BPM DIY monitors the implementation of investment projects in the region to ensure that they comply with the investment regulations and their commitments. It also provides guidance and supports to investors in case they face any problems in their business operations.
What are the benefits of investing in Yogyakarta Special Region?
Yogyakarta Special Region is known for its rich culture, history, and natural beauty. It is also a growing economic hub in Indonesia, with a well-developed infrastructure and a skilled workforce. Here are some of the benefits of investing in the region:
1. Strategic Location: Yogyakarta Special Region is located in the center of Java Island, which makes it a strategic location for businesses that want to access the wider Indonesian market. It is also well-connected to major cities in Indonesia and Southeast Asia through air, sea, and land transportation.
2. Investment Incentives: The government of Yogyakarta Special Region offers various investment incentives such as tax holidays, tax allowances, and customs duty exemptions to attract and retain investors in the region. These incentives are provided based on the size and type of investment and the location of the project.
3. Skilled Workforce: Yogyakarta Special Region has a large pool of skilled and educated workforce, thanks to its many universities and vocational schools. This makes it easier for businesses to find suitable employees for their operations.
How can BPM DIY help you with your investment plans?
If you are interested in investing in Yogyakarta Special Region, BPM DIY can assist you in the following ways:
1. Investment Information: BPM DIY provides information about investment opportunities, regulations, incentives, and facilities in the region. It can also help you in conducting feasibility studies, market research, and business plan development.
2. Investment Facilitation: BPM DIY can assist you in obtaining necessary licenses and permits to start your business in the region. It can also help you in finding suitable locations for your business and provide information about available resources such as land, labor, and utilities.
3. Investment Aftercare: BPM DIY can provide you with guidance and support in case you face any problems in your business operations. It can also help you in expanding your business in the region and accessing new markets.
Conclusion
BPM DIY is a one-stop-shop for all your investment needs in Yogyakarta Special Region. It provides a wide range of services to investors, from investment promotion to investment aftercare. If you are looking to invest in Indonesia, Yogyakarta Special Region is an excellent choice, and BPM DIY can help you make the most of your investment.
