{
    "success": true,
    "data": {
        "id": 1879223,
        "msgid": "purbaya-prepares-regulation-for-over-40-local-content-1784887062",
        "date": "2026-07-24 15:37:19",
        "title": "Purbaya Prepares Regulation for Over 40% Local Content",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Regulation",
        "summary": "Finance Minister Purbaya Yudhi Sadewa announced plans to adjust regulations, granting companies with over 40% domestic component levels (TKDN) equal access to incentives currently enjoyed by Special Economic Zones (KEK). The move aims to level the playing field for local manufacturers who face higher costs compared to importers operating within KEK. The government also addressed investment hurdles for a Lake Toba tourism project during a debottlenecking session.",
        "content": "<p>The Ministry of Finance will adjust regulations to accommodate\ncompanies with local content levels (TKDN) above 40 per cent, granting\nthem the same access as firms in Special Economic Zones (KEK).<\/p>\n<p>The policy was announced by Finance Minister Purbaya Yudhi Sadewa\nduring the 12th Debottlenecking Session held by the Task Force for\nAccelerating Government Programmes to Support Increased Economic Growth\n(P3M-PPE) on Thursday, 23 July 2026.<\/p>\n<p>\u201cWe will later arrange things so that domestic producers that already\nhave factories here have the same opportunity to compete in KEK areas,\u201d\nPurbaya said in a press release on Thursday, 23 July 2026.<\/p>\n<p>The session, led by Purbaya together with Satya Bhakti Parikesit,\nDeputy for Economic Affairs at the Cabinet Secretariat, was attended by\nbusiness players and relevant ministries and agencies to discuss various\ninvestment obstacles submitted through the debottlenecking channel.<\/p>\n<p>During the session, the government discussed two complaints from\nbusinesses. The first complaint came from PT Tigaraja Putra Persada,\nwhich is developing an integrated tourism area and cable car in Lake\nToba. The company said the project faced regulatory obstacles because\nrailway regulations do not specifically cover cable cars as a tourist\nfacility. In addition, part of the project site is located in protected\nforest areas, production forests, and other use areas (APL).<\/p>\n<p>The government agreed on six follow-up measures for the issue,\nincluding coordinating to confirm the scope of the National Strategic\nProject (PSN) in the Lake Toba Super Priority Tourism Destination (DPSP)\narea, confirming the cable car classification with the Ministry of\nTransport, discussing the business scheme with the Ministry of\nInvestment and Downstream Industry\/BKPM, and holding further meetings\nwith PT Tigaraja Putra Persada and the Directorate General of Railways\nto discuss regulatory aspects, business classification, tariffs, and\nsafety. The Ministry of Forestry will also facilitate the completion of\npermits required by the company.<\/p>\n<p>The second complaint was submitted by the Indonesian Electrical\nEquipment Producers Association (APPI) and PT Schneider Indonesia. The\ncompanies noted there was unequal competition in KEK areas because\npolicies favour imported products over those manufactured\ndomestically.<\/p>\n<p>According to the complaint, local producers still bear import duties\nof 5 to 15 per cent on imported raw materials, income tax, regional\nlevies, and costs of meeting Indonesian National Standard (SNI)\nrequirements. Meanwhile, imported goods entering KEK areas receive\nvarious facilities, including exemption from SNI obligations. APPI and\nPT Schneider Indonesia also highlighted the import masterlist evaluation\nregulation, which they said had not been updated for six years.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-prepares-regulation-for-over-40-local-content-1784887062",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}