Government Sets 2015 - 2019 National Industrial Policy

In bid to increase the growth of national manufacturing industry and also to create a more conducive investment climate, the government has issued Regulation of the President No. 2 of 2018 on the National Industrial Policy for the 2015 – 2019 Period (“ Regulation 2/2018 ”), which will function as Indonesia’s primary framework for the development of the industrial sector and also as a basis for the government to provide investment facilities in accordance with prevailing laws and regulations.The National Industrial Policy set under Regulation 2/2018 encompasses the following nine areas, specifically: [1]