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Jakarta Post

House accommodates business aspirations in new water law

  • Riza Roidila Mufti

    The Jakarta Post

Jakarta   /   Wed, September 18 2019   /  12:42 am

The House of Representatives on Tuesday passed the water resources bill, creating a more business-friendly law to support the business climate in Indonesia, turning around a draft considered restrictive by the private sector.The law would require the private sector to allocate a certain amount of funds for water conservation, which would be stipulated separately in a derivative government regulation (PP) to be issued later. It would also require the commercial use of domestic water resources to get approval from stakeholders in the surrounding area, according to Article 51.The law, which consists of 16 chapters and 79 articles, cancels earlier plans to force companies to allocate 10 percent of their profits for water conservation, to pay certain fees to guarantor banks and to forbid the private sector from accessing drinking water — all of which were previously major sources of headach...