Indonesia Overhauls Stay Permits and Reshuffles Cabinet to Draw Foreign Investment

Indonesia is about to revise its stay permit system as it searches for foreign investment, and a cabinet reshuffle has put the focus on industry, energy and diplomacy, with Bahlil Lahadalia sworn in on October 1 as coordinating minister for downstreaming and energy transition. Ministries and regional authorities are seeking contractors, lenders and technology partners for infrastructure and digital public services.

HPC matches infrastructure sponsors, contractors and lenders with qualifying public-private partnership opportunities, supports bid positioning, and earns a 2% success fee on financed projects of around $100 million.