Document background
The Consortium Agreement is a crucial document used when multiple parties wish to collaborate on significant projects or business ventures in Indonesia while maintaining their separate legal identities. This type of agreement is particularly common in large-scale infrastructure projects, technology implementations, or complex business operations where combining different expertise and resources is necessary. The document must comply with Indonesian law, including the Civil Code, Investment Law, and sector-specific regulations. A well-structured Consortium Agreement typically includes detailed provisions on governance, contributions, profit-sharing, and risk allocation, while addressing specific Indonesian legal requirements such as language requirements and local content regulations. It's essential for projects requiring complementary capabilities from multiple parties, especially in cases involving both local and international participants.
