JAKARTA, June 30 (Xinhua) -- The Indonesian government has made investment procedures in the country simpler and clearer, aiming to attract more domestic and foreign investors, said Riyatno, deputy for investment climate development of the Ministry of Investment and Downstream, on Monday.

According to Riyatno, the government has officially issued Government Regulation Number 28 of 2025 on the implementation of risk-based business licensing. The regulation is scheduled to be fully implemented on Oct. 5, following a four-month transition period.

He explained that the regulation introduces a Service Level Agreement (SLA) and a positive fictitious policy, which impose a maximum time limit on the business permit application process.

These provisions apply to all types of permits, including basic permits, enterprise permits and supporting permits. For low- and medium-risk businesses that do not require verification by relevant institutions, each stage of the licensing process is subject to a fixed deadline. If the institution fails to respond within the specified time, the Online Single Submission Risk-Based Approach system will automatically issue the permit.

Meanwhile, high-risk businesses still require verification from technical agencies, but this must also be completed within a strict time limit set by the SLA.

Riyatno noted that with the implementation of this regulation, the government is increasingly confident that the 2025 investment target can be achieved. Enditem