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Indonesia: Government established several restrictions on shipping and port companies

Description

On 28 October 2024, the government of Indonesia issued Law No.66/2024, restricting the type of Indonesian and foreign companies forming a shipping joint venture in Indonesia. The new rule limits that ...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

28 Oct 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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