Investor Presentaiton
33
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Synchronised Regulations following Job Creation Law
to improve investment quality
PUBLIC CONSULTATION
Implementing Regulations
for the Job Creation Law
Presidential Regulation draft and
Government Regulation draft are
available for download from:
www.uu-ciptakerja.go.id/category/draft-rpp/
Suggestion for the drafts can also
be submitted through above link
or be sent to:
Job Creation Law mailing:
Kemenko Perekonomian
Lt. 6 Kantor Pos Besar
Jl. Lapangan Banteng Utara no 1
Jakarta Pusat, 10710 INDONESIA
Source: Coordinating Ministry for Economic Affairs
Development of Completion of Implementing Regulations for Job Creation Law:
1.
2.
3.
4.
5.
18 M/A have drafted 44 Implementing Regulations for the Job Creation Law: 40 Govt.
Regulation Drafts and 4 Presidential Regulation Drafts
2 Govt. Regulation Drafts has been enacted:
•
Govt. Regulation Number 73 of 2020 concerning Indonesia Investment Authority (INA)
Govt. Regulation Number 74 of 2020 concerning Initial Capital for Indonesia Investment
Authority (INA)
In order to improve the implementation of the Job Creation Law, 2 implementing regulations were
added:
•
Govt. Regulation Draft concerning the Prohibition of Monopolistic Practices and Business
Competition
Presidential Regulation Draft concerning Amendment to Presidential Regulation Number 16
of 2018 concerning Government Procurement of Goods / Services
Govt. Regulation Draft for the Transportation Sector is broken down into 4 regulation drafts
and Govt. Regulation Draft for the Public Works and Public Housing Sector is broken down
into 6 regulation drafts (2 Govt. Regulation Drafts into 10 Regulation Drafts)
Thus, the number of implementing regulations that were completed was 52 implementing
regulations: 48 Govt. Regulation Drafts and 4 Presidential Regulation Drafts
Article 185 of the Job Creation Law:
"The implementing regulations of this Law must be stipulated no later than 3 (three) months"
from 2 Nov 2020
→ Must have been determined by February 2, 2021View entire presentation