10 January 2022
by Jon Grevatt
Indonesian President Joko Widodo has issued a regulation to facilitate the establishment of a holding firm that will look to consolidate some of the capabilities of the country's state-owned defence industrial base.
The new government regulation – entitled ‘Number 123 of 2021' – expands the tasks allocated to Indonesia's leading defence electronics firm PT Len Industri, based in Bandung, to encompass a “holding” responsibility for several other defence industrial enterprises.
Already a Janes subscriber? Read the full article via the
Client Login
Interested in subscribing, see What we do
Indonesian President Joko Widodo has issued a regulation to facilitate the establishment of a holdin...