To encourage more investment into Indonesia, the Job Creation Act offers less restrictive provisions on investment. It is expected that the more investment coming into Indonesia, the more new jobs are created. Therefore, the Government of the Republic of Indonesia has set a list of sectors that are: (a) open for investment, (b) closed for investment and (c) only open to be managed by the central government in the Job Creation Act’s amendment of the Investment Act.

Looking at the new law, Dentons HPRP lawyers, Nashatra Prita (Partner), Peter Christopher (Senior Associate) and Fradinta Nadya Laksmita (Associate) have prepared an article highlighting the main changes to the Investment Act.

The complete article can be downloaded here.

For further information related to the services provided in the investment sector, please contact the Partner listed under key contact.