Global Trade Alert
Global Trade Alert

Indonesia: Government established several restrictions on shipping and port companies

Announcement

28 Oct 2024

In October 2024, the government of Indonesia established several restrictions on the shipping and port companies.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Oct 2024

Revocation date:

No revocation date

Updated: 28 Oct 2024
Local labour requirement In force

On 28 October 2024, the government of Indonesia issued Law No.66/2024, requiring port companies operating multipurpose and/or conventional sea terminals to establish partnerships with local stevedo...

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Updated: 28 Oct 2024
Local content requirement In force

On 28 October 2024, the government of Indonesia issued Law No. 66/2024, increasing the local content requirement for Indonesian-foreign shipping joint ventures (Shipping JVs) to get a permit to ope...

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Updated: 28 Oct 2024
FDI: Entry and ownership rule In force

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 th...

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