February 26, 2016
Presidential Regulation No. 3 of 2016 regarding Acceleration of the Implementation of Strategic National Projects was enacted on 12 January 2015 “PR 3/2016”) and has taken effect since the day of enactment. Strategic National Projects means strategic projects that are conducted by the Government, Regional Government, and/or business entity to improve the growth and equitable development of public welfare and regional economy. Please see further the list of Strategic National Projects in Section C of this Client Update.