Foreign investment in Indonesia is regulated by Law no. 25 Year 2007 regarding Investment (Investment Law) which is a substitute and the old Investment Law, namely Law No.1 Year 1967 on Foreign Investment (UUPMA) and Law No.6 of 1968 concerning Domestic Investment (UUPMDN). Unlike UUPMA and UUPMDN which distinguish the regulation between foreign investment and […]
Foreign investment has a tightly related to law enforcement problem, which is realized in the form of legal certainty over the applicable legal provisions, not only on the regulations governing investment issues in particular, but also other regulations of sectoral and cross-sectoral nature. Therefore, the principles of investment as stipulated in the Investment Law are […]
China investment in Indonesia – Last January, Head of the Investment Coordinating Board Thomas Trikasih Lembong announced during 2016, Indonesia received foreign direct investment (FDI) from China of 2.7 billion US dollars (Republika, January 25, 2017). If coupled with foreign direct investment from Hong Kong, China’s autonomous region where there are many large Chinese companies controlling […]
Under the current regulation, the government coordinates and implements investment policies in Indonesia through BKPM, a non-state ministry headed by a head directly responsible to the president. Coordination of investment policy is carried out: (i) inter-governmental agencies; (ii) between government and local government agencies; or (iii) inter-regional government. In order to coordinate the implementation of […]
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