What the minister said
Investment and Downstreaming Minister Rosan Roeslani said on Tuesday, 20 October 2026, that the government continues to encourage investment that delivers real economic benefit and creates jobs. The minister issued the remarks in a written statement received by the Antara news agency.
The step follows instructions from President Prabowo Subianto given at a restricted session with a group of cabinet ministers (the Red and White Cabinet). The source gives no further details of that meeting.
Downstreaming is growing in the investment mix
Downstreaming means processing raw materials inside the country rather than exporting them unprocessed. According to the minister, such projects accounted for just 26 percent of investment in 2024, while the share reached 35 percent in the third quarter of 2026.
The government also wants a bigger place for Indonesia in worldwide supply chains. Officials plan further work on nickel and on batteries for electric vehicles, and say they will try to keep output capacity in step with technology. For the Bali property market this theme is indirect, since it concerns mainly industry rather than tourism.
How faster licensing works
Roeslani said reform of permit procedures is being accelerated. The integrated licensing system draws in 28 ministries and related agencies. The reform produced a mechanism under which the Ministry of Investment can approve a permit itself when technical agencies have not finished the process by the set deadline.
To date about 328 investment permits have been issued under this mechanism. The minister said this helped overcome bureaucratic delays in other ministries. The source offers no independent check of that number, so it is the ministry's own figure.
KITAS in five working days: what is actually stated
The streamlined process, the report says, also aims to shorten the time needed to obtain a KITAS (limited stay permit) for foreign workers. At present this takes months, and the stated goal is five working days.
It is important to separate a stated goal from a rule in force. The source does not name the regulation fixing the five day period, does not say from what date it applies, and does not say which KITAS categories it covers. For now this is a ministerial statement rather than a confirmed norm.
The quote and the context
The minister summed up the point of the reform in one idea: investors want certainty, they dislike surprises, and the government is trying to provide that, including in licensing.
For foreign owners and buyers in Bali, predictable timelines in the permit system matter as much as the rules themselves. But the source says nothing about how the changes affect local permits for housing, construction or rentals at provincial and regency level.