The Legal 500

Indonesia

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Editorial

Overview

The Indonesian archipelago continues to be an attractive hub for foreign investment, thanks to its established energy and natural resources sector and growing interest in Islamic finance. Although the country’s elections caused a ‘wait-and-see’ attitude among investors, there has still been a considerable amount of market activity. The consumer products sector continues to thrive with big brands establishing themselves in the region. As always with a rapidly emerging market, the regulatory framework is struggling to keep up with its expansion, and foreign companies face increasing restrictions. The mining sector has particularly suffered as a result of the recent ban on the export of unprocessed mineral ore and export taxes. However, this trend does not seem to have deterred foreign workers, investors and companies who seek advice from local and international firms on how best to conduct their business.

Key foreign and local firm alliances include Hadiputranto, Hadinoto & Partners, a member firm of Baker & McKenzie and Ginting & Reksodiputro in association with Allen & Overy, with many others attempting to follow in their footsteps. Ali Budiardjo, Nugroho, Reksodiputro, Assegaf Hamzah & Partners and SSEK Legal Consultants are the key independent local firms.

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