Legal Framework
From The Report: Indonesia 2017
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This chapter gives an overview of Indonesia’s legal system, focusing primarily on new policies that aim to improve the business environment, processing time for investment licences, sectors opening to foreign investment, business start-up costs, and other subjects of interest to investors.

It also contains a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis, Santosa & Maramis, on welcoming foreign direct investment.

Articles from this Chapter

Overview

Incentivise and attract: The economic package policy and how it is encouraging investment in Indonesia
OBG
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Indonesia’s seventh president, Joko Widodo, pledged during his campaign to increase economic growth and welfare in society. In fact, President Widodo has promised to boost the economy by specifically targeting economic growth of more than 7% by 2019. In order to achieve these goals, he has introduced a number of changes to economic policy through the issuance of 13 economic package policies (EPPs). The EPPs have proved successful in providing a significant contribution to Indonesia’s economic…

Overview

Abundant potential: Todung Mulya Lubis, Senior Partner, Lubis, Santosa & Maramis, on welcoming foreign direct investment (FDI)
OBG
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In his state of the union speech, President Joko Widodo spent more than 20 minutes of his time reiterating his policy of welcoming FDI to Indonesia. In the last six months there have been 12 economic packages presented by the government offering more opportunities for foreign investment, simplifying and deregulating approval processes and offering various incentives in terms of tax and import-export duties. The government also designated special economic zones and bonded warehouses in which additional…