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Foreign and Domestic Investments
The Indonesian government welcomes both foreign and domestic investments. Certain statutory guarantees and benefits are granted to foreign investors in relation to projects approved by the Capital Investment Coordinating Board (BKPM). Indonesia foreign investment rules have become increasingly complex in recent years and project structuring requires greater thought and planning.
We have acted for a range of major investors across a wide variety industries and service sectors. We have good relationships with BKPM and other government departments and agencies relevant to investments in Indonesia. We have extensive experience in determining the most appropriate investment structure depending on business sector and the client's commercial objectives.
In addition to direct foreign investment, we have also assisted clients in establishing technical assistance and indirect ownership arrangements and in setting up representative offices in Indonesia.
Testimonials:

"They know the environment well as they have worked in the industry for a long time and have good contacts with regulators."
Chambers Asia Pacific, 2014
  • Avnet Datamation Solutions: acting as Indonesia legal counsel in establishment of its business in Indonesia.
  • Richard Candler Corporation: acting as Indonesia legal counsel in establishment of Viva Medika, a foreign investment company engaged in mother and children specialist clinic.
  • Garuda Foods: acting as its legal counsel on its drink joint venture with Suntory Group.
  • Rolls Royce: acting as its Indonesia legal counsel on the establishment of several new business operations in Indonesia.
  • Fujitsu: assisting on its set up and establishment to carry out a cabling contract and subsequent maintenance arrangements.
  • a major French company: advising on set up and structure for a very large project in Indonesia with projected capital cost greater than US$20 billion.
  • Indo Terra Resources: acting as Indonesian legal counsel on establishment of Indo Terra Indonesia, a foreign investment company engaged in the services of business management consultancy.
  • Naturally Plus Direct Marketing: acting as Indonesia legal counsel on the establishment of Naturally Plus Indonesia, a foreign investment direct selling company.
  • Syngenta Alpha: acting as Indonesia legal counsel on establishment of Syngenta Seed Indonesia.
  • Quantum Reservoir Impact: acting as Indonesia legal counsel on the proposed establishment of a joint venture company in Indonesia.
  • Raffles International: acting as Indonesia legal counsel on the establishment of an investment company for a new hotel development and land acquisition in Indonesia.
  • HJ Heinz: acting as Indonesia legal counsel on the establishment of its Indonesian sauces and seasonings business.
  • Novartis: acting as Indonesia legal counsel on the establishment of several businesses in Indonesia.
  • Mitsubishi Corporation: acting as Indonesia legal counsel on its structuring and establishment and establishment of the project vehicle for the Donggi-Senoro LNG project.
  • Cargill Group: acting as Indonesia legal counsel on establishment of new Indonesian entities in connection with its US$244 million acquisition of Sorini Agro Asia.
  • Mitsui Oil Exploration Co: acting as Indonesia legal counsel on establishment of its representative office in Indonesia.
  • Bank Julius Baer (Singapore): acting as Indonesia legal counsel on the proposed establishment of its representative office in Indonesia.
  • Global Television: acting as Indonesia legal counsel on the establishment of a foreign investment company.
  • Wall Street Institute: acting as Indonesia legal counsel on establishment of Efficient English Services, a company engaged in the business of course and non-formal educational sector.
  • ABF Overseas: acting as Indonesia legal counsel on the establishment of AB Food & Beverages Indonesia.
  • Goldman Sachs: acting as Indonesia legal counsel on the establishment and acquisition of further shareholding interests in its Indonesian securities company subsidiary, Goldman Sachs Indonesia.
  • Deutsche Bank: acting as Indonesia legal counsel on its establishment and licensing of an Indonesian securities brokerage business.
  • Hutchison: acting as Indonesia legal counsel on its investment in Indonesian internet service provider.
  • BP Air: acting as Indonesia legal counsel on its fuel supply joint venture in Indonesia.
  • Orica Australia: acting as Indonesia legal counsel on the establishment of a joint venture company with the Armindo Group to engage in manufacturing of ammonium nitrate in Bontang, East Kalimantan.
  • Hewlett-Packard: acting as Indonesia legal counsel on the establishment of a maintenance service company for the support of HP products in Indonesia.
  • Hewlett Packard: acting as Indonesia legal counsel on the establishment and operations of Hewlett Packard Finance Indonesia, a multi - finance company.
  • Rio Tinto and BP: acting as Indonesia legal counsel on the establishment, financing, operations and corporate matters of the leading world coal mine, Kaltim Prima Coal, East Kalimantan (including, concerning its mandatory divestment and sale process with the ultimate purchaser of Rio Tinto and BP’s interests, with Bumi Resources).
  • Kelian Equatorial Mining: acting as Indonesia legal counsel on the establishment, financing, operations and corporate matters of Rio Tinto’s Kelian gold project in Kalimantan (including its mandatory divestment obligations) and the development of Indonesia’s first integrated long-term mine closure plan and related government processes for the Kelian gold project in Kalimantan.
  • Newcrest Mining Limited and Nusa Halmahera Minerals: acting as Indonesia legal counsel on the establishment, financing, operations and corporate matters of the Gosowong gold project (and Togaruci expansion project) on Halmahera Island, Molaccas, in joint venture with Aneka Tambang, Indonesia’s state general mining company.
SANTI DARMAWAN

Corporate

T. +62 21 574 4010
santi.darmawan@hbtlaw.com
DAVID DAWBORN

Senior International Counsel

Hiswara Bunjamin & Tandjung

T. +62 21 574 4010
david.dawborn@hbtlaw.com
KEY CONTACT

Corporate

T. +62 21 574 4010
santi.darmawan@hbtlaw.com
Copyright © 2015 Hiswara Bunjamin & Tandjung.