
Fiscal Incentive as Investment Within IKN
Indonesian Government issued Regulation Number 12 Year 2023 (GR-12) on 6 March 2023 which addresses the issuance of business licenses, ease of doing business, and various investment facilities and incentives within Nusantara Capital City (Ibu Kota Nusantara – “IKN”) and certain regions of Kalimantan as part of the economic superhub (“Partner Regions”).