The Indonesian government has enacted Presidential Regulation No. 10 of 2021 on Investment Business Lines (“Priority List”) as one of the implementing regulations of the job creation law (“Omnibus Law”). The new investment list replaces the current negative list (under Presidential Regulation No. 76 of 2007 and Presidential Regulation No. 44 of 2016). This priority list states that all business sectors are open for capital investment activities, with some restrictions and conditions for certain aspects.…