Omnibus Law Newsletter - Summary of the Presidential Regulation Number 10 of 2021

On February 2, 2021, the Presidential Regulation Number 10 of 2021 regarding Business Fields for Investment was promulgated (“PP 10/2021”). This regulation, among the 49 regulations promulgated on the same day in relation to the Omnibus Law, is issued to implement the provisions on Article 77 and Article 185 point (b) of the Law Number 11 of 2020 regarding Job Creation (“UU 11/2020”). It aims to make Indonesia more attractive for investment, especially foreign investment.