Franky Sibarani, Chairman, Capital Investment Coordinating Board
We launched a licensing revolution

On the map of Asia, Indonesia has been given an appealing handle by The Economist Corporate Network. From a survey carried out in early 2015, the publication concluded that the second most attractive investment destination in Asia is Indonesia. The same survey noted that 57.9 percent of companies will be increasing their investments in this nation, with the fourth largest population in the world.

Franky Sibarani, chairman of the Capital Investment Coordinating Board (BKPM), who was sworn in last November, is prepping himself to receive these investors with open arms. A background in the corporate world, with nearly 25-years in strategic positions in the private sector, has led this former chair of the Indonesian Businesspeople Association (API) to totally understand what makes many businesses and investors hesitate to do business: the hassle of bureaucratic licensing. "I, myself, have been a victim," Franky told Tempo.

April 21, 2015