Provisions on the Organization of Special Economic Zones Updated

In order to elaborate upon various provisions set out under the framework of Law No. 11 of 2020 on Job Creation (“ Job Creation Law ”), specifically those that address Special Economic Zones (Kawasan Ekonomi Khusus– “ KEK ”), the Indonesian Government has issued Regulation of the Government No. 40 of 2021 (“ Regulation 40/2021 ”) which sets out an updated regulatory framework for the organization of KEK and which specifically addresses the following matters: [1]