Azwar Hadisupani Rum & Partners | View firm profile
The Indonesian Government is steadfast in its commitment to fast-track the development of Indonesia’s New Capital City (Ibu Kota Nusantara), as exemplified in the infographic below.
The recently enacted Government Regulation Number 12 of 2023 which was issued on 6 March 2023, seeks to simplify business licensing, provides facilities on land rights procurement, foreign employment and housing, and investment.
This regulatory framework also serves as an open invitation to global investors to join hands with Indonesia in constructing a sustainable capital city that stands out as a symbol of progress and innovation for the world. Find out further our insights about this topic: