Law no. 3 of 2014 on Industrial Affairs.
Country
Type of law
Legislation
Abstract
This Law provides for the creation of a strong economic structure and for the development of an advanced industry sector in order to strengthen the national economic development. The Law defines the following relevant terms: industrial affairs; industry; green industry, as an industry which gives priority to efficiency and effectiveness in the sustainable use of resources and harmonises Industrial development with the preservation of environmental functions; strategic industry; base material; corporation; industrial data; industrial technology; standardisation. The Law aims at: realising the depth and strength of industrial structure, providing business opportunities and expanding job opportunities, increasing the prosperity and welfare of the community.
Matters covered by this Law include: undertaking of governmental matters in the industrial affairs, including Presidential and Ministerial powers; Master Plan for national industrial development, whose preparation includes observation of culture and local knowledge, and harmonisation with socio-economic activities and environmental supporting capacity; National Industry Policy; Industrial Region; industrial resources development, including: human resources development, utilisation of natural resources (such as minerals and coal, oil and natural gas, wood, water and geothermal energy) in an efficient, environmentally friendly and sustainable manner, development and utilisation of technology and creativity, development of the domestic manufacturing industry; sources of financing; development of industrial facilities and infrastructure; empowerment of industry; green industry development and provisions related, including waste management; international cooperation in industry; industrial securing measures; licensing and investment in industry and facilities; community participation.
Matters covered by this Law include: undertaking of governmental matters in the industrial affairs, including Presidential and Ministerial powers; Master Plan for national industrial development, whose preparation includes observation of culture and local knowledge, and harmonisation with socio-economic activities and environmental supporting capacity; National Industry Policy; Industrial Region; industrial resources development, including: human resources development, utilisation of natural resources (such as minerals and coal, oil and natural gas, wood, water and geothermal energy) in an efficient, environmentally friendly and sustainable manner, development and utilisation of technology and creativity, development of the domestic manufacturing industry; sources of financing; development of industrial facilities and infrastructure; empowerment of industry; green industry development and provisions related, including waste management; international cooperation in industry; industrial securing measures; licensing and investment in industry and facilities; community participation.
Attached files
Web site
Date of text
Repealed
No
Serial Imprint
State Gazette of the Republic of Indonesia no. 4 of 2014.
Source language
English
Legislation Amendment
No
Implemented by