New List of Open Business Fields with Foreign Investment

New List of  Open Business Fields with Foreign Investment 

Initially the Indonesian government does not give a chance to foreigners to own 100 percent of the authority's airports in Indonesia. Foreigners can only have a 49 percent stake in the Local Company managing the airport. Meanwhile, for the management of ports and land transport terminals can be dominated by foreigners to 95 percent. It is claimed to be the agreement of all parties.

Other sectors, the pharmaceutical field that had 75 percent to 85 percent of foreign-dominated. Then, nature-based forestry from 49 percent to 70 percent. Financial services such as venture capital, from 80 percent to 85 percent foreign.Fields such as telecommunications, fixed line, multimedia  and mobile phones, on average to 65 percent of foreign domination. While testing the feasibility of a motor vehicle or KIR foreign domination to 49 percent.

After negotiations between a few large companies and also BKPM, finally on May 17, 2013 President Susilo Bambang Yudhoyono issued Presidential Decree No. 39 Year 2014 on List of Business Fields Closed and Open Business with Investment Requirements in the Field. Under the regulation, there are 5 new sectors that were excluded from the Negative Investment List (DNI) and is now open to foreigners. These five areas of the business, the management of airports and ports that can be invested to foreign investors 100 percent. Then the airport services and ground terminal for goods by 49 percent, and in the field of advertising by 51 percent.

In addition to opening five new fields, the government revised the DNI allowances at least 10 areas of the business by increasing the percentage of foreign ownership in Indonesia. Ten areas include pharmaceutical fields that were previously foreign dominated 75 percent now to 85 percent. Then nature-based forestry from 49 percent to 70 percent. Distribution of the film is set at 49 percent. Financial services such as venture capital, from 80 percent to 85 percent foreign. In areas such as fixed line telecommunications, multimedia, and mobile phones, the average is 65 percent, and test the feasibility of a motor vehicle or KIR by 49 percent.

Source :

http://bisnis.news.viva.co.id/news/read/501447-bandara-kini-dapat-dikelola-investor-asing-100-persen

http://www.presidenri.go.id/index.php/uu/peraturan-presiden/