Investor Presentaiton
&
The Job Creation Omnibus Law Encourages Employment and
Facilitates New Business Opening While Recovering the Post-
Pandemic Economy
Toko Kuc
OTO
DATA
FACT
Labour Market
Of the total population aged 203.97 million people,
there are 14.28 people affected by Covid-19
1. Unemployment due to covid-19 (2,56 million people)
2. Not labor force due to Covid-19 (0,76 million people)
3. Temporarily not working due to Covid-19 (1,77 million
people)
4. Work with shorter hours due to Covid-19 (24,03
million people)
MSME
BIG
5.550 unit
MIDDLE
60.702 unit
SMALL
783.132 Unit
MICRO
63.5 Juta Unit
REGULATION
Among the 64.19
million MSES, 64.13
million are Micro &
Small Businesses,
most of which are in
the informal sector, so
it needs to be
encouraged to
transform into formal
ones.
Complicated licensing
issues with abundant
central & local regulations
(hyper-regulations) that
regulate the sector,
causing disharmony,
overlapping, non-
operational and sectoral.
SUBSTANCE
JOB CREATION LAW
1. IMPROVING INVESTMENT
7. LAND PROCUREMENT
BUSINESS LICENSING
ECOSYSTEM
8. ECONOMIC ZONE
3. LABOR
4. SUPPORTING MSMES EASE OF DOING BUSINESS. RESEARCH & INNOVATION
9. CENTRAL GOVERNMENT INVESTMENT & 10. GOVERNMENT ADMINISTRATION. IMPOSITION OF SANCTIONS
SPEEDING OF STRATEGIC NATIONAL PROJECT
BENEFITS
1)
Encouraging Job Creation
2
Facilitate New Business Opening
3 Supporting Corruption Eradication
Source: Coordinating Ministry for Economic Affairs
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