Content of the Investment Policy Reform Initiative:

Content of the Investment Policy Reform Initiative:

1. Preparing a National Investment Law to replace existing laws.
2. Shortening the negative investment list.
3. Simplifying procedures in establishing a company.
4. Further reducing and simplifying taxes and duties through
ongoing tax and trade policy reform programs.
5. Availability of foreign exchange for imports, and commitment
to ease repatriation of capital.
6. Introduce a system giving foreign investors access to local
financing.
7. Simplify procedures to employ expatriates.
8. To make available adequate infrastructure through partnership
mechanisms that attract private capital. Providing adequate legal
protection including guarantees for the integrity of contracts.
9. Ensure that land for industrial and commercial use is readily
available to investors.
10. Actively reviewing proposals for the establishment of an
independent, public-private partnership to promote and facilitate
all private investment in Indonesia.
11. The government assures that it will avoid using any measures
that will adversely affect investors's property rights
12. The government is entitled to make an agreement with other
countries to avoid double taxation and to prevent tax evasion.
13. The government recognizes the need for an international
conciliation or arbitration to resolve disputes that cannot be
settled amicably.