BKPM to Take Over Downstream Oil and Gas Licensing

Morgan Lewis summarizes the recent delegation of authority by the Minister of Energy to the Indonesian Investment Coordinating Board (aka BKPM) in issuing certain licenses for oil and gas activities. The move is widely expected to fast-track and simplify licensing of investments through the "Single Window for Investments" program.

KKR on Harnessing Indonesia Potential

Comprehensive report on Indonesia investment climate by KKR. "From a macro investing standpoint, Indonesia has emerged as somewhat of a pure-play on our thesis that large, domestic economies will prosper in a world that now favors domestic agendas over global ones." Download Full KKR Report in PDF

Indonesia in the World in 2050

PwC on the long view: How will the global economic order change by 2050? Indonesia edges out Brazil, Russia, Germany, and Japan for 4th largest global GDP by 2050. Download Full PwC Report in PDF

Indonesia Allows Private Investors to Build Oil Refineries

For the first time ever, private investors, can participate in the Indonesia downstream oil and gas business in refining and distribution.

Special Economic Zones in Indonesia

To attract investment, Indonesia has established a new location based concession called a Special Economic Zone (Kawasan Ekonomi Khusus or "KEK" in Bahasa Indonesia). Comprehensive fiscal and investment incentive facilities are available to investors in a KEK. Tax facilities offered under a KEK include holidays or special treatment for Income Tax, Value Added Tax, Luxury-goods Sales Tax, import duties, and excise facilities. Simplified regulatory and administrative procedures are another advantage. A PDF download by PwC Indonesia is here.