Law No 38 of 2004 on Roads was amended on 12 January 2022 by Law No 2 of 2022 (the Road Law) and we have identified three changes which impact investment in the toll road sector. One is relating to tariff, the other on...more
The regulatory overview of railway business in Indonesia including the type of public rail, implementing business entity, rail infrastructure, facilities, capital and foreign ownership, and tariff....more
There is a strong consensus now that the PPP model works. In the last five years the number of PPP projects increased quite exponentially. The PPP market is made up largely by local investors and local financiers. State-owned...more