Indonesia seeks greater 'economic complexity' through omnibus bills

Government aims to pass investment legislation in 100 days, minister says

Luhut Binsar Pandjaitan, the coordinating minister for maritime and investment affairs, delivers the keynote address during Nikkei Forum in Jakarta on Feb. 25. (Photo by Ken Kobayashi)

ERWIDA MAULIA, Nikkei Staff Writer

February 25, 2020 14:31 JST

Updated on February 25, 2020 17:50 JST

JAKARTA -- Indonesia hopes its sweeping omnibus bills will attract investment as it seeks to diversify its economy and escape the "middle-income trap," the country's coordinating minister for maritime and investment affairs, Luhut Binsar Pandjaitan, told the Nikkei Forum Jakarta 2020 on Tuesday.