July 15, 2020

Transparency in Indonesian Mining Contracts

July 2014: Recently Indonesia’s antigraft body has broadened its supervisory function in the mining sector to include the observation of practices of mining companies that hold contracts of works.As of now Mining licenses are required to obtain a “clean and clear” status, which indicates that the companies’ activities are in line with the government’s environmental policies, free from overlapping land rights, and in conformity with all tax and non-tax financial obligations.There are currently 10,918 IUPs nationwide, of which 6,042 already obtained the clean and clear status.

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