Medan, N. Sumatra, Nov. 9 -- The Indonesian government is moving to shorten the country's multi-year investment cycle, aiming to accelerate project construction timelines and streamline bureaucratic hurdles for both domestic and international investors.

Speaking in Medan on Monday, Deputy Minister of Investment and Downstreaming Todotua Pasaribu pointed out that the current investment realization process in Indonesia still spans approximately 4.5 to 5 years from conception to completion.

Todotua attributed the lengthy timeline to complex licensing procedures and fragmented institutional coordination. Under current practices, investors must complete exhaustive licensing stages before breaking ground.

"We want the cycle to consist primar...