Creative legal services spark opportunities for increased foreign investment
Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com
Working towards transforming Indonesia into one of the world's largest economies by 2025, President Joko Widodo eased some investment restrictions and opened more business sectors to foreign ownership.
As prospective investors navigate the intricate regulations landscape in Indonesia, they need a guiding partner with innovative and creative approaches to mitigating risks.
Veteran law firm Bagus Enrico & Partners (BE Partners) is poised to lend its expertise to local and foreign clients looking for a top-notch corporate and commercial legal counsel.
BE Partners' track record of handling high-profile business transactions has made it the partner of choice of foreign companies, which make up almost 90 per cent of its client base.
Representing clients from insurance, finance, banking, real estate, energy, infrastructure, construction, information technology and telecommunications sectors, BE Partners prides itself on delivering strategic and personalised advice to its clients.
"We are in the service business and the most important key is the quality of our lawyers. Given the many regulations in Indonesia, we encourage the development of our people to prepare them in anticipating and mitigating risks," says managing partner Bagus Nur Buwono.
In providing relevant services to clients, BE Partners complements its legal expertise with substantial insights into Indonesia's business landscape - with partner lawyers specialising in different sectors. It also draws on the collective wisdom of international law firms through its membership in ALFA International, a global legal network of 150 independent firms.
Anticipating the diversified investment appetite of foreign companies, particularly from Japan and China, BE Partners opens its doors to new partners who can help the company expand its know-how in other business sectors such as intellectual property, oil and gas, and energy.
"In going beyond legal services, we need partners who can help us feed clients with creative ideas to ensure that transactions are successful. We're looking to strengthen our competencies to encourage the flow of investments in Indonesia," Buwono says.
Bagus Enrico & Partners