Since 2003, the Government of Indonesia to develop a series of energy-related policies and laws, including national energy policy, renewable energy development policies, geothermal energy law, electricity law, power use and supply method. In October 2010, the Indonesian Ministry of Energy and then released “25/25 Energy Outlook” policy and hopes to enhance the way through energy conservation and renewable energy production, in 2025, to make use of renewable energy in Indonesia may reach total energy use 25%.
Indonesian Finance Minister Bambang has said that the Indonesian government to stimulate economic growth through investment. In this piece led lighting industry, led lighting market in Indonesia will be introduced duty-free policy.
Bambang also said that in 2015, the Indonesian government enacted the 2015 Government Regulation No. 18, issued a series of preferential tax policies to attract domestic and foreign investment. First, some business investments in a specific area of ??allowance policy; the second is for geothermal, natural gas processing, LED, harmless waste treatment and other green investment industry tax incentives; third is to reduce the corporate income tax rate, the President has approved Djoko The corporate income tax from the current 25% and gradually decreased to 17.5%, but has not yet identified a specific timetable for implementation.
Indonesia hopes to apply the preferential policies and measures to encourage investment, promote investment growth this year to reach more than 8%, in order to push GDP growth to achieve the desired objectives.