ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Indonesia to offer investment incentives for 'priority' sectors

Presidential decree provides benefits for industries from nickel to chips

JAKARTA -- In a bid to spur both domestic and foreign investment, Indonesia has designated 245 industries as "priority" and will offer incentives to attract capital to those sectors.

The move is part of a presidential regulation that supersedes Indonesia's "omnibus law," sweeping legislation that made changes to more than 70 labor, tax and other key laws. The omnibus legislation was passed by parliament and later enacted following an acrimonious debate last year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more