Hogan Lovells has entered Indonesia following a tie-up with local law firm Hermawan Juniarto, as it seeks to tap into legal work generated by multibillion dollar projects in the country’s mining, natural resources, and oil and gas sectors.
International firms are not officially allowed to open offices in Indonesia, because of which they end up establishing alliances with local firms. Examples of such alliances are the tie-ups between Baker & McKenzie and Hadiputranto, Hadinoto & Partners, Allen & Overy’s tie-up with Ginting & Reksodiputro, and Ashurst’s tie-up with Oentoeng Suria & Partners.
With a strength of five partners and 17 associates, Hermawan Juniarto has dedicated corporate, finance, infrastructure, energy, and litigation practices. Major work done by the firm includes advising on the corporatisation of the Jakarta Bus Rapid Transit (BRT) services, the establishment of the Indonesian Infrastructure Fund, and the issuance of the first municipal bonds in Indonesia.
"Indonesia is the largest economy in Southeast Asia, a member of the G-20 major economies, a country with extensive natural resources, a burgeoning domestic economy, and an enviable demographic projection,” said James Harris, Hogan Lovells’ Singapore office managing partner, in a statement. “The prospects for sustainable growth are impressive, and supported by increasing inbound investment from our global client base.”
In Southeast Asia, Hogan Lovells currently has offices in Singapore, and in Hanoi and Ho Chi Minh City in Vietnam. ALB
Ranajit Dam is Southeast Asia Editor at ALB. Follow him on Twitter: @RanajitDam_ALB.
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