| Issue Number : 4141

Government Officially Closes Alcoholic Beverage Sector to Investment

In an attempt to limit the implementation of investment, as well as to control and supervise alcoholic beverages,[1] Indonesian President, Joko Widodo, has finally decided to close the alcoholic beverages sector to investment, as strictly mandated under Regulation of the President No. 49 of 2021 (“Amendment”), which stands as a revision of Regulation of the President No. 10 of 2021 on Investment Business Fields (“Regulation 10/2021”).[2]

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In an attempt to limit the implementation of investment, as well as to control and supervise alcoholic beverages,[1] Indonesian President, Joko Widodo, has finally decided to close the alcoholic beverages sector to investment, as strictly mandated under Regulation of the President No. 49 of 2021 (“Amendment”), which stands as a revision of Regulation of the President No. 10 of 2021 on Investment Business Fields (“Regulation 10/2021”).[2]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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