Global Trade Alert
Global Trade Alert

Indonesia: 2019 presidential regulation to promote local EV industry

Announcement

08 Aug 2019

On 8 August 2019, the Indonesian president issued regulation 55/2019 promoting the local electric vehicle industry.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Aug 2019

Revocation date:

No revocation date

Updated: 08 Aug 2019
Trade finance In force

Presidential regulation 55/2019 introduces fiscal and non-fiscal incentives to promote the electric vehicle industry in Indonesia.

According to article 17(3), the following type of entities...

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Updated: 08 Aug 2019
Tax or social insurance relief In force

Presidential regulation 55/2019 introduces fiscal and non-fiscal incentives to promote the electric vehicle industry in Indonesia.

According to article 17(3), the following type of entities...

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Updated: 08 Aug 2019
Local content requirement In force

Article 8 of the presidential regulation 55/2019 requires that in order to receive fiscal and non-fiscal incentives mentioned in this regulation (see other intervention within this state act), the ...

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