With a population of more than 250 million, Indonesia is an attractive country for investors, particularly those interested in the distribution, retail and franchise sectors. But 2014 was a nervous time for new and existing investors in Indonesia, many of whom delayed any major actions to see how the country's legislative and presidential elections would play out.
Indonesia's Construction Services Development Institute has issued a new regulation that amends the requirements for the issuance of the Business Entity Certificate for integrated construction service companies.
Global Business Reports has produced a comprehensive report on Indonesia's mining industry for the Energy & Mining Journal. The report, titled "Indonesian Mining Industry in Transition: Navigating the World's Last Great Mining Frontier," looks at developments in the sector and the prospects for future investment.
SSEK Legal Consultants was honored three times at the inaugural ALB Indonesia Law Awards, underscoring the depth and quality of the firm. SSEK was recognized as the Construction Law Firm of the Year and the Employment Law Firm of the Year. SSEK also won Real Estate Deal of the Year.
Indonesia's Agrarian Law provides that foreigners can only acquire right to use (hak pakai) title for land if they reside in Indonesia. If foreign investors wish to engage in business in Indonesia, they must establish a foreign capital investment (PMA) company.