Friday, January 12, 2018

Issue Number: 540

Investment Reform (Part 1): Investment Licensing Procedures

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Overview Towards the end of 2017, President Joko Widodo once again strode confidently into the political breach and issued another of his infamous Economic Policy Packages. Aimed at accelerating the investment process within Indonesia, this was the current government's 16th Economic Policy Package. Over the course of the past four years, the government’s previous 15 Economic Policy Packages have had a significant impact upon the country’s economy and have boosted Indonesia’s ranking on the World Bank’s Ease of Doing Business Report (“EoDB Report”) from 114th in 2015 to 72nd in 2018....

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