New Framework on Industrial Zones: Industry Regionalized in Effort to Promote Equitable Development

In 2015, the government issued Regulation No. 142 of 2015 on Industrial Areas (“ Regulation 142/2015 ”). As its title suggests, Regulation 142/2015 outlined the requirements that have to be met whenever developing industrial zones that are equipped with supporting infrastructure and managed by industrial areas companies (collectively referred to as “ Industrial Areas ”), [1] with the primary goal of accelerating and evenly distributing industrial activities across Indonesia. [2]