Indonesian Political, Business & Finance News

Foreign Investors Eye Low-Cost Apartments

| | Source: JAKCHAT
 Originally Posted By: doremi
Normally on this situation, what kind of corporate structure require to complete this project?

a 100% foreign-owned PMA company would be possible for such a project. However, the construction company would either need to be 100% indonesian, or a PMA construction company could be formed in 'partnership' with an already established 100% indonesian construction company.


 Quote:
With land belonging to the locals; do the foreign companies own the building for a limited time? forever?

foreign PMA would own the land under a HGB title.
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