EXECUTIVE BRIEF: Indonesia’s New Domestic Component Level Regulation
On September 11, 2025, the Indonesian Ministry of Industry issued Regulation No. 35/2025, introducing significant reforms to the Domestic Component Level (TKDN) policy. This regulation replaces the 14-year-old Regulation No. 16/2011, addressing the need for a more streamlined and business-friendly framework. The new regulation simplifies certification processes, incentivizes local investment and research, and enhances the participation of small and medium-sized enterprises (SMEs) in government procurement. These changes aim to strengthen Indonesia’s industrial base, attract foreign direct investment (FDI), and improve the country’s competitiveness in the ASEAN region.
1. Background: Understanding TKDN
TKDN (Tingkat Komponen Dalam Negeri) measures the percentage of local content in goods and services, serving as a cornerstone of Indonesia’s industrial policy. It promotes domestic production, reduces reliance on imports, and supports economic development. Products meeting a minimum TKDN threshold (often 40%) gain preferential treatment in government procurement, making certification a critical advantage for businesses.
The previous regulation, No. 16/2011, was criticized for its complexity and inefficiency. With over 88,000 TKDN-certified products and 15,000 registered industrial companies, the policy’s scale necessitated modernization to sustain its impact and address the challenges of a fast-evolving industrial landscape.
2. Key Reforms in Regulation No. 35/2025
The new regulation introduces reforms across four key pillars: Incentives, Simplification, Ease of Access, and Speed.
3. Practical Benefits for Businesses
The reforms introduced in Regulation No. 35/2025 offer tangible advantages, but they also highlight challenges, particularly in fostering cooperation with SMEs.
Advantages:
- Lowered Entry Barriers:
- Simplified procedures and automatic incentives make it easier for new investors and SMEs to achieve certification, gain access to tax incentives, and compete for government
- Enhanced Investment Climate:
- By reducing bureaucracy and offering clear rewards for local investment and R&D, the regulation strengthens Indonesia’s appeal as a manufacturing hub within ASEAN.
- Increased Transparency:
- The option to display TKDN values on product packaging allows consumers and procurement officers to easily identify locally-made products, boosting brand reputation and marketability.
- Industrial Upgrading:
- Incentivizing R&D and local production encourages the development of higher-value manufacturing and strengthens domestic supply chains.
Challenges:
- SME Issues:
- SMEs in Indonesia often lack unified standards for quality, processes, or certifications, making it difficult for large companies to assess their reliability.
- Many SMEs lack formal documentation, financial transparency, and compliance with international standards, which are often prerequisites for partnerships with multinational corporations.
- Transitional Issues:
- Potential for varied interpretations of the new rules during the transition period.
- Need for derivative regulations and consistent implementation to ensure investor confidence.
4. Skylight’s Opinion
While Regulation No. 35/2025 marks a step forward in modernizing Indonesia’s industrial policy, its ultimate success hinges on effective implementation and widespread socialization. With the regulation set to take effect on December 12, 2025, businesses have a window to familiarize themselves with the changes and adapt accordingly. However, the absence of derivative regulations and comprehensive socialization efforts could result in inconsistent interpretations and challenges in execution.
For foreign investors, the reforms present a clear opportunity by lowering entry barriers and offering attractive incentives. Yet, consistent enforcement and transparent processes will be essential to sustaining investor confidence and ensuring the intended benefits are realized. As competition for investment intensifies across the ASEAN region, Indonesia’s ability to deliver on the promises of this regulation will play a pivotal role in shaping its economic trajectory and solidifying its position as a preferred manufacturing destination.
Latest Update
- Bakrie Group Plans to Acquire Toll Infrastructure
- PT Bakrie & Brothers (BNBR), through its subsidiary PT Bakrie Toll Indonesia, plans to acquire PT Cimanggis Cibitung Tollways, the operator of the Cimanggis-Cibitung Toll Road, for IDR 6 trillion (US$ 219.5 million).
- BNBR plans to purchase 90% of PT Cimanggis Cibitung Tollways shares worth IDR 1 trillion, consisting of 35% shares owned by PT Waskita Toll Road and 55% shares owned by PT Sarana Multi Infrastruktur and taking over IDR 2.6 trillion in stockholder receivables provided by PT Waskita Toll Road and PT Sarana Multi Infrastruktur.
- Following this acquisition, 95% of PT Cimanggis Cibitung Tollways will be owned by PT Bakrie Toll Indonesia, while the remaining 5% will be owned directly by BNBR.
- Maharaksa Biru Energy Tbk Joint Ventures with Chinese Company for Waste to Energy Project
- PT Maharaksa Biru Energi Tbk (OASA), through its subsidiary PT Indoplas Energy Hijau (IEH), together with Chinese waste processing technology provider China Tianying Inc. (CNTY), has officially formed a joint venture named PT Indoplas Tianying Energy.
- The JV will serve as the Implementing Agency for the development of a Waste-to-Energy Plant at the Cipeucang Final Disposal Site in South The project, valued at IDR 2.6 trillion (US$ 158.5 million), will be carried out under a 30-year Build–Operate–Transfer (BOT) scheme.
- The facility is designed to process 1,100 tons of waste per day, including 1,000 tons of new waste and 100 tons of existing waste, using modern and environmentally friendly Moving Grate Incinerator technology, to generate up to 23.5 MW of electricity.
- The project is targeted to enter the construction phase in early 2026, with an estimated completion time of three years.
- ▪Singapore Investor Acquired MAP
- Pacific Universal Investments Pte. Ltd (PUI), a Singapore-based holding company, has officially acquired 51% of PT Mitra Adiperkasa Tbk (MAPI) shares that was previously owned by PT Satya Mulia Gema Gemilang.
- Based on data from SGP Grid, Pacific Universal Investment was newly established on October 7, 2022, this company is a holding entity for non- financial Further information was not made available.
- The acquisition was made after the Philippine Competition Commission’s (PCC) gave the approval for PUI’s proposal to acquire MAPI from Satya Mulia Gema The PCC concluded that the transaction posed no risk of reducing competition, as MAPI and PUI are not direct competitors, and the Philippine retail market remains competitive.
- MAPI is an Indonesian lifestyle retail company with businesses spanning sports, fashion, food, and The group operates over 3,800 outlets across Southeast Asia, including 247 outlets in the Philippines through its subsidiary MAP Active Philippines. These outlets manage several international brands such as Foot Locker, Planet Sports, New Balance, Converse, and Skechers.
- The transaction reflects the increasing integration of Indonesian businesses into regional markets and the confidence of foreign investors in Indonesia’s economic potential.
- Ministry of Public Works Auctions 19 Toll Projects for 2026
- The Ministry of Public Works is preparing to auction 19 toll road projects under the Public Private Partnership (PPP) scheme for next The total investment required to build these projects is estimated at IDR 408.68 trillion (US$ 24.92 billion).
- These projects are divided into solicited, unsolicited and assigned projects, which are:
- Solicited Projects (Government-Initiated) – 7 toll roads
- Bandung Intra Urban Toll Road (BIUTR), West Java
- Pejagan–Cilacap Toll Road, Central Java
- Tuban–Babat–Lamongan–Gresik Toll Road, East Java
- Malang–Kepanjen Toll Road, East Java
- Gedebage–Tasikmalaya Toll Road, West Java
- Gilimanuk–Mengwi Toll Road, Bali
- Supadio Airport–Kijing Port Toll Road, West Kalimantan
- Unsolicited Projects (Business-Initiated) – 7 toll roads
- Pluit–Airport Toll Road (part of Tomang–Pluit–Airport Elevated), Jakarta
- Cikunir–Karawaci Elevated Toll Road, Banten–Jakarta–West Java
- Semanan–Balaraja Toll Road, Banten
- Harbour Toll Road Semarang, Central Java
- Bitung–Serpong Toll Road, Banten
- Caringin–Cisarua Toll Road, West Java
- Patimban Access Toll Road Extension, West Java
- Assigned Projects – 5 toll roads
- Rantau Prapat–Kisaran Toll Road, North Sumatra
- Dumai–Simpang Sigamdal–Rantau Prapat Toll Road, North Sumatra & Riau
- Panjang Port–Lematang Toll Road, Lampung
- Rengat–JC Pekanbaru Toll Road, Riau
- Jambi–Rengat Toll Road, Riau & Jambi
- Pertamina Plans to Merge 3 of its Subholding Entities
- Pertamina will merge three of its subsidiaries, namely:
- Pertamina Patra Niaga: Commercial & Trading subholding in the downstream sector, task with receiving, storing and distributing fuel, LPG, lubricants and petrochemical nationwide
- Kilang Pertamina Internasional: Refining & Petrochemical subholding, overseeing refinery operations and petrochemical development
- Pertamina International Shipping (PIS): Integrated marine logistics subholding, operating ports, tanker fleets, shipping services for energy products.
- The merger, targeted for completion by end of year, will consolidate the three subsidiaries into a single company under a new name, though discussions are still ongoing.
- The merger is driven by declining profits amid weak global demand and uncertainty, while refinery output continues to rise with the construction of new facilities.
- Pertamina Breaks Ground on Green Hydrogen Pilot Project Plant
- PT Pertamina Geothermal Energy Tbk (PGE) officially broke ground on the construction of the Ulubelu Green Hydrogen Pilot Plant in Ulubelu, Lampung, making the facility as the first in Indonesia to produce green hydrogen based on geothermal energy.
- The plant will have a production capacity of approximately 100 kilograms of green hydrogen per Utilizing Anion Exchange Membrane (AEM) technology, it operates at 82–88 percent efficiency, making it more environmentally friendly, energy-efficient, and superior to conventional electrolysis methods. Through this electrolyzer technology, geothermal electricity is used to split water into pure hydrogen, producing zero carbon emissions.
- The Ulubelu Green Hydrogen Plant is targeted to begin operations in 2026 with an investment value of around US$3 million (IDR 49.2 billion). The green hydrogen produced will be used for market testing, in the transportation and industrial sectors.
- 6 New Special Economic Zone Awaits Government Approval
- The government of Indonesia has announced plans to award six industrial parks as new Special Economic Zones (SEZs), targeting a diverse range of industries, including the halal sector and electric
- As of 2025, Indonesia boasts 25 SEZs spread across the archipelago, from Aceh to Of these, 7 SEZs are located on the island of Java, while the remaining 18 are distributed outside Java. The SEZs are divided into two main categories: 13 focused on the industrial sector and 12 on the service sector.
- By the first half of 2025, the cumulative performance of these 25 SEZs reached IDR 294.4 trillion (USD 17.85 billion), with 187,376 workers employed and 442 business actors
- The six proposed SEZs, currently awaiting government approval, include:
- Halal SEZ (Sidoarjo, East Java):
- Focus: Strengthening Indonesia in the global halal value chain, production and processing, logistics, and distribution of halal
- Land Area: 65 hectares.
- Proponent: PT Makmur Berkah
- Subang SEZ (West Java):
- Focus: EV assembly, logistics, and
- Land Area: 93 hectares.
- Proponent: PT Aneka Bumi Cipta, with BYD as the anchor
- Patimban SEZ (West Java):
- Focus: Petrochemical downstream, EV batteries, semiconductors, logistics, and energy.
- Land Area: 511
- Proponent: PT Wahana Mitra
- BCIP SEZ (East Kutai, East Kalimantan):
- Focus: Coal gasification, ammonium nitrate diesel production, logistics, and energy.
- Land Area: 9 hectares.
- Proponent: PT Batuta Chemical Industrial
- Mangkupadi SEZ (Bulungan, North Kalimantan):
- Focus: Renewable energy, aluminum smelting, and
- Land Area: 11,696.53
- Proponent: PT Kalimantan Industrial Park Indonesia, with PT Kalimantan Aluminium Industri as the anchor
- Nongsa SEZ Expansion (Batam, Riau Islands):
- Focus: Data centers, tourism, and R&D.
- Land Area: Additional 43 hectares.
- Proponent: PT Taman Resor Internet.
- Halal SEZ (Sidoarjo, East Java):
- Russian Energy Company Expresses Interest in Aceh Oil & Gas
- Russian oil and gas giant Sakhalin Energy has expressed interest in investing in Aceh as part of its expansion into Southeast The company, controlled by Gazprom, Russia’s state-owned oil and gas conglomerate, manages the strategic Sakhalin-2 project.
- The Sakhalin-2 project is one of the world’s largest integrated oil and gas ventures and includes Russia’s first LNG plant, with a production capacity of over 6 million tonnes per year. Its primary markets include Japan, South Korea, and China, making it a key player in the global energy landscape.
- Discussions with Sakhalin Energy have explored opportunities for Oil and gas exploration in Aceh, positioning Aceh as a regional energy transportation hub, including the potential transport of gas from Sakhalin to other Asian countries.
- To further assess Aceh’s energy potential and advance investment cooperation, Sakhalin Energy plans to conduct a working visit to Aceh this year.
- Shandong Nanshan Aluminum Expansion in Riau Island
- PT Bintan Alumina Indonesia and PT Bintan Fine Chem Indonesia, both linked to Shandong Nanshan Aluminum Co., , are driving significant industrial expansion in the Galang Batang Special Economic Zone (SEZ) on Bintan Island, Riau Islands Province.
- Alumina Expansion:
- PT Bintan Alumina Indonesia has commenced operations of its third-phase alumina project, adding 1 million tons of annual capacity and bringing total production to 3 million tons per year.
- The company plans to expand further to 4 million tons annually by 2026 with a USD 2.1 billion Phase 4 project.
- Alongside alumina production, the company is constructing an electrolytic aluminum plant with an annual capacity of 250,000 tons.
- Chlor-Alkali Plant Development:
- PT Bintan Fine Chem Indonesia, a joint venture controlled by Shandong Nanshan, has begun constructing a chlor-alkali plant in the same SEZ.
- With a total investment of approximately USD 257 million, the facility will produce 200,000 tons of caustic soda and 165,000 tons of epichlorohydrin annually.
- The plant will primarily supply caustic soda to alumina refineries in the zone, while epichlorohydrin will be exported across Southeast and Northeast The project uses a glycerin-based production process for epichlorohydrin, offering environmental and cost advantages.
- South Korean Supply Power Cable for Microsoft in West Java
- LS Eco Energy, a subsidiary of South Korea’s LS Cable & System, will supply ultra-high voltage (UHV) power cables for a Microsoft-led data center project in West Java, The facility will use a “Cloud Region” model to enhance reliability and minimize downtime. This marks LS Eco Energy’s expansion into Southeast Asia’s high-voltage market, following its earlier work on the Philippines’ largest data center.
- Indonesia’s growing digital economy, driven by its large population and data localization regulations, has attracted global tech firms to invest in infrastructure. LS Eco Energy plans to strengthen its role in the region’s data center supply chain, focusing on local production and potential projects involving submarine cables and rare earth materials.
- Pertamina to Power PDG Data Center with HVO
- PT Pertamina Patra Niaga, a subsidiary of Indonesia’s state-owned energy company PT Pertamina, has partnered with Princeton Digital Group (PDG), a leading data center operator in the Asia-Pacific region, to power PDG’s data centers in Indonesia with Hydrotreated Vegetable Oil (HVO), also known as Pertamina Renewable Diesel.
- The partnership, formalized through a Memorandum of Understanding (MoU) on September 9, 2025, aims to reduce carbon emissions in the energy- intensive data center sector while supporting Indonesia’s decarbonization goals
- Princeton Digital Group (PDG) operates over 20 data centers in Singapore, Japan, India, China, and Headquartered in Singapore, PDG focuses on accelerating cloud and AI growth for global hyperscalers and enterprises.
- Indonesia Prioritizes Solar Power towards 2060 Clean Energy
- The Indonesian government is prioritizing solar power as a cornerstone of its long-term clean energy strategy, aiming for solar to contribute 109 GW (nearly 25%) of the total 443 GW installed capacity by This is outlined in the National Electricity General Plan and the 2025–2034 Electricity Supply Business Plan (RUPTL), which targets 17.1 GW of new solar capacity over the next decade.
- Key initiatives include rooftop solar, utility-scale solar farms, and floating solar PV As of mid-2025, rooftop solar capacity reached 538 MWp, with a goal of 1 GW by year-end and 2 GW by 2028. Floating solar has immense potential, with an estimated capacity of 89 GW across reservoirs and lakes, including 14.7 GW from dams managed by the Ministry of Public Works. Notable projects include the operational 145 MW Cirata Floating PLTS in West Java and pre-construction plants at Saguling, Singkarak, and Karangkates (210 MW combined).
- The government is also advancing a diesel-to-solar (dedieselization) program to replace diesel generators in remote areas, improving electricity reliability and reducing emissions.
- Kufpec Launches Tender for US $1.5 Billion
- Kuwait Foreign Petroleum Exploration Company (Kufpec) has started the tender process for the main engineering, procurement, construction and installation (EPCI) contract for its US$1.54 billion (IDR 254 trillion) Anambas field development offshore Indonesia, with final investment decision (FID) targeted in 2026, and its first gas production in 2028.
- The block is projected to produce around 55 million cubic feet of gas per day. Development will be carried out in stages through the drilling of production wells and installation of subsea pipelines, with the gas ultimately supplied to both domestic and regional markets.
- Anambas is not Kufpec’s first project in The company previously holds a 33% stake in Natuna Block A, which supplies gas to Singapore, and is also involved in exploration in the Melati and Amanah blocks. In addition, Kufpec has completed a joint study for the Natuna D-Alpha block and is currently seeking local partners to develop the block.
Latest Update – Japanese Companies Movements in Indonesia
- Shimizu Corporation Joins Townhouse Development Project in West Java
- Shimizu Corporation has partnered with PT Agung Podomoro Land Tbk (APL) to invest in and develop townhouses in Bandung, West This marks Shimizu’s first project under its collaboration with APL, focusing on addressing the growing demand for suburban housing driven by Indonesia’s rapid urbanization and expanding middle-income population.
- The project, located within Podomoro Park Bandung, will involve the construction of 384 terraced houses (31 m² each) on a 7-hectare site. Targeting the middle-income segment, the development is a joint venture between APL’s subsidiary, PT Pesona Mitra Kembar Mas (PMKM), and Shimizu’s local entity, PT Shimizu Investment Indonesia (SII), with SII holding an 80% investment stake and PMKM 20%.
- Sales of the townhouses began in August 2025, with construction set to follow the completion of ground improvement work. The project is expected to be completed and handed over by mid 2027, with a total investment of approximately 3 billion yen (USD 20.45 million).
- Transcosmos Expansion in Semarang, Central Java
- Transcosmos has opened CX Square SETOS, its third facility in Semarang and sixth in Indonesia, located in Semarang Town With a capacity of 600 seats, the center leverages skilled personnel and advanced technology to deliver high-quality customer experience (CX) services.
- Marking its 12th anniversary in Indonesia, Transcosmos has been a trusted provider of digital services, contact center solutions, and business process outsourcing (BPO) since 2013, in partnership with PT Cyberindo Aditama (CBN) of the Salim Group.
- The new center introduces Robotic Process Automation (RPA) services to automate tasks like data entry, payroll, and credit applications, reducing processing times significantly (e.g., credit applications now take 5–6 minutes instead of 30). RPA enhances efficiency, accuracy, and compliance while enabling employees to focus on strategic work.
- Shinoken Joins Large-Scale Housing Development in Jakarta’s Western Suburbs
- Shinoken Development Indonesia (SKDI), a subsidiary of Shinoken Group Co., Ltd., has partnered with Agung Podomoro to participate in the Kota Podomoro Tenjo Project, a large-scale Transit-Oriented Development (TOD) in the western suburbs of Jakarta. The project spans 650 hectares around Tigaraksa Station and includes the development of over 8,000 detached houses for the middle-income segment, with the initial phase comprising 1,500 units, finalized on September 4.
- In addition to investing, Shinoken will act as an arranger, inviting Japanese investors and contributing to project planning. The development also envisions a new station, commercial areas, and shop houses, creating a highly integrated township.
- Agung Podomoro, one of Indonesia’s leading property developers, is spearheading this ambitious project, which is among its largest residential Shinoken, with a strong foundation in Indonesia, has also achieved success with its Sakura Terrace serviced apartments in Jakarta and has provided advisory support for major projects like the Central Park Shopping Mall.
- House Foods to Open New Curry Roux Factory in Cikarang by 2027
- House Foods Group has begun construction on a new curry roux factory in the GIIC Deltamas, Cikarang, West Java, with an investment of IDR 3.408 trillion (USD 220 million). Scheduled to begin operations in 2027, the facility will have a production capacity up to seven times that of the current Central Java plant, producing 3,000 tons per year of halal-certified curry roux for both commercial and household use.
- The new factory will manufacture household products in three sizes (20g, 40g, 80g) and will serve as the Group’s core production base in Sales will be managed by:
- House & Vox Indonesia – Handling commercial sales and export
- Sasa House Foods Indonesia – Managing household sales, focusing on affordability (e.g., 20g packs priced at IDR 3,000 (USD 19)) and expanding distribution in traditional markets across Java.
- House Foods aims to balance household and commercial sales by FY2027, leveraging the new factory to meet growing demand for Japanese-style curry, which has seen increasing awareness among middle- and upper- income households in Greater Jakarta.
- Terra Drone Partnership with Yanmar for Agricultural Drone
- Terra Drone , Ltd. has partnered with PT. Yanmar Diesel Indonesia, a subsidiary of Yanmar Holdings Co., Ltd., to distribute its proprietary agricultural drones in Indonesia.
- Leveraging Yanmar’s extensive network, which includes the Indonesian government and agricultural workers, Terra Drone aims to address critical challenges in the country’s agricultural sector, such as labor shortages, pest damage, and inefficiencies in pesticide and fertilizer application.
- With around 30% of Indonesia’s population engaged in agriculture, the sector is vital to the economy and food security. Terra Drone’s spot- spraying technology has already improved efficiency and yields in oil palm plantations, and this partnership will enable expansion into rice cultivation and field crops.
- Additionally, Terra Drone is fostering local expertise through training programs and job creation, promoting sustainable farming practices and enhancing productivity across Indonesia’s vast farmlands.
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