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International law firms are increasing their focus on Indonesia, where they anticipate a busy year for their project finance and M&A practices.
The country, the world’s third largest democracy, elected Prabowo Subianto as its new president in February to succeed the popular but term-limited Joko “Jokowi” Widodo. The election’s outcome has reassured many in the business and legal communities that infrastructure, investment opportunities and even initial public offerings will increase, as Subianto has indicated he will not veer away from Jokowi’s pro-business policies.