Editor’s Note
- North Sumatra Government Intensifies Corporate Supervision
- 117 Companies Under Supervision by the North Sumatra Government
- Maintaining Macroeconomic Stability and Regional Fiscal Sustainability
North Sumatra Government Intensifies Corporate Supervision
The North Sumatra Provincial Government’s Investment and Integrated One-Stop Services Agency (DPMPTSP) will continue intensifying corporate supervision in 2026.
This step is being taken to encourage companies to comply with their obligations, particularly regarding the submission of Investment Activity Reports (LKPM).
117 Companies Under Supervision by the North Sumatra Government
The Investment Coordinator of the North Sumatra DPMPTSP, Damar Wulan, stated that his agency aims to inspect at least 177 companies in North Sumatra this year. This supervision is aimed at improving companies’ compliance with LKPM reporting requirements.
“Our goal is to inspect at least 177 companies this year. We are working with districts/cities to maximize this oversight. Many companies still haven’t submitted their LKPM (financial statements) correctly, and many companies may not understand them,” said Damar Wulan during a press conference at the North Sumatra Communications and Informatics Office in the Dekranasda lobby of the North Sumatra Governor’s Office, Jalan Diponegoro, Medan, on Wednesday, March 4, 2026.
In addition to oversight, the DPMPTSP will also provide support to companies to ensure they fulfill their obligations correctly and on time. This year, 200 companies will receive guidance.
“This also requires synergy with the regions so that companies can complete their LKPM correctly and completely. This improvement will make our data more accurate, making it easier to map investments,” said Damar Wulan.
Maintaining macroeconomic stability and regional fiscal sustainability
According to Damar Wulan, this step is part of the efforts to maintain macroeconomic stability and regional fiscal sustainability. He added that North Sumatra Governor Muhammad Bobby Afif Nasution aims to achieve an investment of 100 trillion Indonesian rupees by 2029.
“One of the governor’s priority programs is strengthening macroeconomic stability and fiscal sustainability. We must play a significant role in achieving this priority program,” Damar Wulan said.
Furthermore, the DPMPTSP is also committed to removing obstacles that companies face in conducting their business activities. Many companies are hampered in the permitting process by a lack of accurate information.
“We will provide support, including by establishing a Business Implementation Acceleration Task Force to help companies accelerate their business establishment,” Damar Wulan added. ***rel
