In 2021, Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal– “ BKPM ”) introducedRegulation No. 4 of 2021 on Guidelines and Procedures for Risk-Based Business Licensing ( No. 5 of 2021 (“
Fast-Tracked Licensing on the Way: Simultaneous Submissions of Environmental and Technical Approval Applications, Non-Fiscal Facilities and More!
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