Government Plans to Revise Investment Law

The Ministry of Investment and Downstream Industry/Investment Coordinating Board (“BKPM”) is reconsidering the revision of Law No. 25 of 2007 on Investment, as amended by Regulation of the Government in Lieu of Law No. 2 of 2022 on Job Creation (collectively referred to as “Law 25/2007”). The Head of the BKPM Legal Bureau, Andre Abraham, said that the discussion was to respond to the highly dynamic developments in the national and global economic situation.

“We conducted a study last year and plan to produce an Academic Manuscript (Naskah Akademik/NA) this year,” Andre told Hukumonline.

Although not included in the 2025-2029 National Medium-Term Development Plan (RPJMN), this amendment aims to harmonize and improve the investment climate in Indonesia. This is in accordance with the provisions of Regulation of the Government No. 28 of 2025 (“Regulation 28/2025”) on the Implementation of Risk-Based Business Licensing (“PBBR”)

“We will try to propose it again, at least to be included in the long list. Because with the remaining months, we must immediately issue the implementing regulations for the Online Single Submission (“OSS”),” he concluded.