In early 2021, the Government of the Republic of Indonesia issued Government Regulation No. 42 of 2021 concerning Making National Strategic Projects Easier (“GR 42/2021”) and Government Regulation No. 19 of 2021 concerning the Implementation of Land Procurement for the Public Interest (“GR 19/2021”). “National strategic project” is defined as a project and/or program carried out by the central government/regional governments/business entities and having strategic properties for the increase of growth and equitable development in efforts towards job creation and improvement of public welfare (“National Strategic Projects”). Both GR 42/2021 and GR 19/2021 are implementing regulations for Law No. 11 of 2020 on Job Creation (“Job Creation Act”), which amends a number of laws, in particular Law No. 2 of 2012 on Land Procurement for Development in the Public Interest (“Law 2/2012”).
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May 20, 2021 at 10:04PM
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Job Creation Act: Investing and Land Procurement in Indonesian National Strategic Projects made easier - JD Supra
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