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Jakarta Post

Bill to overhaul permits, offer incentives for miners

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Wed, February 19 2020   /  12:31 am

An upcoming landmark bill on job creation is expected to streamline business and boost investment for miners in Indonesia, albeit at the expense of environmental protection and regional autonomy.The bill, a draft of which was obtained by The Jakarta Post, would introduce four major changes to the 2009 Coal and Mineral Mining Law. These changes aim to centralize the issuance of mining permits, provide legal certainty for mining giants, boost downstream industry development and expand the nation’s mining territory into the open seas.The changes are very similar to those being separately worked on by the House of Representatives. “What’s being discussed in the job creation bill is investment certainty, including how to boost downstream industry development,” Energy and Mineral Resources Ministry Coal and Mineral Director General Bambang Gatot Ariyono told reporters in Jakarta l...