The Indonesia Investment Coordinating Board (Indonesian: Badan Koordinasi Penanaman Modal, BKPM) was until 2021 a Non-Ministerial Government Body in Indonesia for formulation of government policies in the field of investment, both domestically and abroad.

ICB was established in 1973, replacing the function carried out by the Investment Technical Committee (Indonesian: Panitia Teknis Penanaman Modal) which was formed previously in 1968.

In 1982, ICB absorbed Ministry of Development for Domestic Product (Indonesian: Kementerian Peningkatan Penggunaan Produksi Dalam Negeri).

In 1988, ICB transformed into State Ministry of Investment (Indonesian: Kementerian Menteri Negara Penanaman Modal).

If done, this ministry is continuation of previously Suharto era and early Reformasi era's Habibie State Ministry of the Promotion of Investment, which existed during 1993 to 1999, during Sixth Development Cabinet and Development Reform Cabinet, respectively.

[10] BKPM has the task of coordinating policies and services in the investment sector based on the provisions of laws and regulations.