Foreign Investors Free to Open Post and Delivery Services In Indonesia

Indonesia allowed foreign investors to open post and delivery service in Indonesia, showed by the new Government Regulation Number 46 of 2021 concerning Post, Telecommunication and Broadcasting - Photo by Pixabay

JAKARTA (TheInsiderStories) – Indonesia allowed foreign investors to open post and delivery service in Indonesia, showed by the new Government Regulation Number 46 of 2021 concerning Post, Telecommunication and Broadcasting. Based on the new policy, the providers are no longer obliged to cooperate with domestic operators if they wish to open a company in the country.

In addition, the foreigners no need to get permit from the information, communication and technology (ICT) to become a public company. Beside, the government also allowed the telecommunications operators to share the infrastructure among the players. And, a radio frequency spectrum usage license can transfer to other telecommunications network operators to support the application of new technology.

As reported the country wants to implemented the fifth generation (5G) network Indonesia. Currently, the ICT ministry in the process to compiled a roadmap for the development of the 5G internet in Indonesia. This program will start running in the third quarter of 2021.

The regulator has prepared three frequency spectrum provision schemes. First, the low layer preparation by utilizing the 700 MHz frequency spectrum utilized by analog television. Next year this spectrum is empty due to the migration to analog television.

Then, the government will releases 2.6 GHz in 2025 and will be utilized in 2022 or 2023. The development of 5G has been carried out since 2015 with Indonesia following developments in the International Telecommunications Union. In 2017, a number of operators began conducting trials for the 5G network.

On the the digital broadcasting, the country required the migration to digital broadcasting following the development of technology. The migration of terrestrial television from analog technology to digital technology, and the analog switch-off, must be completed within two years since the enactment of the Omnibus Law on Nov. 2, 2022.

On October 2020, the House and Representatives has passed the Omnibus Law for Job Creation to drive foreign investment enter the country. Senior economic minister, Airlangga Hartarto, believed that the bill will be of great use to encourage national economic recovery and bring Indonesia into a new era of global economy.

The omnibus law, said the senior minister, is aimed at solving various problems that hinder the investment and opening up employment opportunities, through simplification of the bureaucracy and licensing systems. He assured, the bill will guarantee a certainty in the provision of severance pay, in which the government applies the Job Loss Guarantee Program without reducing the benefits of Work Accident Security, Death Security, Old Age Security, Pension Security, and do not add the burden of contributions from workers or employers.

Written by Editorial Staff, Email: theinsiderstories@gmail.com