JAKARTA (TheInsiderStories) – Coordinating Minister for Economic Affairs Darmin Nasution has appointed Edy Putra Irawady to lead Batam Indonesia Free Zone Authority (BIFZA). The appointment was part of the transitional program before handed over to the the Mayor of Batam.
In a limited meeting on Dec. 12, 2018, President Joko Widodo has decided to remove the dualism in BIFZA in Riau province. For years, the agency under State government control.
The agency liquidation is also in accordance with a government plan to change BIFZA from a free trade zone to special economic zone (SEZ).
“We want Batam and its surroundings to have a strategic position that can be maximally developed, to appeal and be competitive as a special economic zone and be attractive for investors,” said the president at the limited meeting in 2018.
Nasution explained, Irawady had fulfilled the criteria needed in the transition period, which is having enough experience as a bureaucratic leadership, sufficient knowledge of Batam and investment policies, and able to create a conducive climate, both internal consolidation, business people and the community.
Nasution explained, the Mayor of the Batam is not allowed to become head of BIFZA cause not match to the regulation. Regarding of this, the government planned to revise the government rules Number 46 Year 2007 concerning of Free Trade Area and Free Port of Batam.
the Council of BIFZA also appointed Purwiyanto as Deputy of the institutions General and Administrative Affairs and Dwianto Eko Winaryo as Deputy of Business Facilities Management.
Written by Staff Writter, Email: email@example.com
The Insider Stories offer insight on Indonesia's economy. We provide a global reference for industry intelligence, news, information and data. We are the bridge that connects investors, the business community and policymakers. We are active across digital and events.