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Claiming Incentive Logistics at the Heavy 4th Tuban Cement Project in Indonesia: A Practical Guidance

This practical research aims to be guidance for investors who intend to claiming projects’ incentives offered by Indonesia’s government. Many of them failed to claim such incentives due to lack documents fulfillment since preparation, they mostly unaware, when it needed just realized requiring many revisions and finally came to end-rejection. | Claiming Incentive Logistics at the Heavy 4th Tuban Cement Project in Indonesia A Practical Guidance Technium Social Sciences Journal Vol. 5 1-11 March 2020 ISSN 2668-7798 www.techniumscience.com Claiming Incentive Logistics at the Heavy 4th Tuban Cement Project in Indonesia A Practical Guidance Effnu Subiyanto Widya Mandala Surabaya Catholic University Indonesia effnu@yahoo.com Abstract. This practical research aims to be guidance for investors who intend to claiming projects incentives offered by Indonesia s government. Many of them failed to claim such incentives due to lack documents fulfillment since preparation they mostly unaware when it needed just realized requiring many revisions and finally came to end-rejection. Scope of this paper is in Indonesia for investors who are in preparation-stage to do project investments. It comes to conclude that remodeling logistics execution can successfully reduce to only 7 of logistics costs or far below than Doing Business finding. Methodology applied was changing Incoterms to be free on board FOB instead of cost and freight CFR . Keywords. Logistics costs Investment Cement project Incentives Introduction To anticipate future economics surprise due to rapid economics growth fueled by national infrastructure s projects Indonesia today does to adjust many things. The world ranking just released by the Ease of Doing Business EODB has been becoming alarm and high attention as the country was targeting to the level 40 to 50 by the end 2021. But in fact Indonesia s ranking by 2019 was at 73 over 190 countries only one level below than EODB 2018 s achievement though based on point is 1.42 higher becoming 67.96 than score achieved in 2018. Dwelling time that recorded the lowest score for logistics performance had widely improved. If few years ago stood over 7 days up to weeks to get berth permission while it is only requiring 3 calendar days maximum now. However as Indonesia just recently released that economic growth stood .