World Bank Group Helping East Asia, Pacific Governments Simplify Business Registration Procedures

In Jakarta: 
Name: Novita Wund 
Phone: 62-21-5299 3001 
E-mail: nwund@ifc.org 

In Washington, D.C.: 
Name: Hannfried von Hindenburg 
Phone: 1-(202)- 458-5613 
E-mail: hvonhindenburg@ifc.org 




Jakarta, Indonesia, October 27, 2009—The Investment Climate Advisory Services 
of the World Bank Group is helping governments in East Asia and the Pacific 
reform their business entry operations to support the formalization of 
entrepreneurship and drive economic growth. 

Together with the Ministry of Justice and Human Rights of Republic of 
Indonesia, the World Bank Group hosted a business registration practitioners’ 
workshop to share experiences of key business entry reformers globally on 
improving the quality of business registration services. 

As part of the cooperation between the World Bank Group and the Corporate 
Registers Forum, an international nonprofit organization for administrators of 
corporate and securities registers, this workshop was organized for, and 
attended by, top officials of business registration authorities in East Asia 
and the Pacific and global experts and leaders of the top-performing business 
registries such as New Zealand, Canada, Singapore, Australia, and Hong Kong. 

“Lower barriers to starting a business leads to smaller informal sector and 
creates much needed job opportunities,” said Andrei Mikhnev, Product Leader for 
Business Entry Reforms, World Bank Group. “The participation of business 
registration authorities from many countries in the workshop today reflects 
governments’ commitment to continuing their business entry reforms and 
improving the investment climate for small and medium enterprises.” 

Patrialis Akbar, Indonesia’s Minister of Law and Human Rights, said, “Indonesia 
recognizes the importance of implementing administrative reforms to support 
private sector development, and our reforms in improving the business 
registration procedures have been recognized in this year’s Doing Business 
report. Going forward, the Ministry of Justice and Human Rights will continue 
to implement reforms to simplify the procedures and requirements, as well as 
reduce the time it takes to start a business in Indonesia.” 

The Investment Climate Advisory Services of the World Bank Group in Indonesia 
are supported by the governments of Australia, Netherlands, New Zealand, and 
Switzerland. The program works with the government of Indonesia to improve the 
investment climate that supports economic growth and job creation through 
private sector development. 

About the Investment Climate Advisory Services of the World Bank Group 
The Investment Climate Advisory Services of the World Bank Group helps 
governments implement reforms to improve their business environment, and 
encourage and retain investment, thus fostering competitive markets, growth and 
job creation. Funding is provided by the World Bank Group (IFC, MIGA, and the 
World Bank) and over fifteen donor partners working through the multi-donor 
FIAS platform.