Export processing zones (EPZs) – also known as free zones (FZs) – are areas in which businesses are exempt from the normal regime applicable in Nigeria, particularly with regard to Customs duty and tax. In return, the government expects companies operating in the EPZs to boost national exports, create jobs and help in diversifying the Nigerian...
OBG introduces the reader to the different aspects of the legal system in Nigeria, in partnership with Ajumogobia & Okeke.
OBG talks to Ovie Ukiri, Managing Partner, Ajumogobia and Okeke, on the development of privatisation in the power sector.
The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.
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...
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...
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 &...
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