Omnibus Law on Job Creation: New opportunities for investment

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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.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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