OBS_VALUE: <ul><li><a href=https://peraturan.bpk.go.id/Home/Details/161835/pp-no-5-tahun-2021 target=_blank>Implementation of risk-based business licensing(Penyelenggaraan perizinan berusaha berbasis risiko, Government Regulation No. 5/2021, adopted 02.02.2021, Article 116(5), 118(2), Annexe II)</a></li><li><a href=https://peraturan.bpk.go.id/Home/Details/147038/permenhub-no-31-tahun-2012 target=_blank>Licensing on Railway Service(Perizinan penyelenggaraan sarana perkeretaapian,  Ministry of Transportation regulation No. 31/2012, adopted 24.05.2012, with latest modifications on 04.06.2021, Article 3-6)</a></li></ul>