Omnibus Law critical to Indonesia’s aspirations of being dominant player in global EV market

[JAKARTA] With its rich nickel deposits and new regulations aimed at overhauling the country’s onerous labour laws, Indonesia clearly has aspirations to become a central player in the fast-growing global electric vehicle (EV) sector.

In March this year, the House of Representatives passed President Joko Widodo’s government regulation in lieu of law (Perppu) on job creation to speed up the implementation of the controversial Omnibus Law.

The Perppu – which must be passed by a Parliamentary plenary session to become permanent legislation – has already secured the support of all government coalition political parties within the House of Representatives.