The current government’s vision is clear: to develop our human resources skills to meet demand from various business sectors, and continue the development of infrastructure that has won praise both locally and internationally. The government insists that the only way to bring Indonesia into the top-five global economies by 2045 is by improving...
Indonesia’s ranking on the ease of doing business index in the World Bank’s “Doing Business 2020” report remained at 73rd of 190 countries, the same position as one year prior. The introduction of various regulations and policies that were designed to be friendly to investors apparently have not succeeded in boosting Indonesia’s ranking to...
This chapter examines the legal system of Indonesia,...
Indonesia is the world’s 16th-largest economy and presents an enticing opportunity for investors, with ongoing reform efforts and attractive demographics. Meanwhile, a booming start-up ecosystem signals the country’s rising consumer power and regional influence. While headwinds are expected to follow Covid-19, Indonesia’s strong foundations will help maintain momentum in the medium to long term.
What actions should be taken to improve the legal framework for investment?
The policy pursued by Côte d’Ivoire’s government has its legal counterpart in the promotion of private investment. The policy adapts to the changing international economic environment, reflected by the Investment Code adopted in 2012, which was subsequently replaced by the 2018 Investment Code. The most recent update to the code came in 2019...
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