Indonesia introduces a new "negative list" for foreign investment.

On 12 May 2016, the President of Indonesia signed the new Negative List of Investment. It sets out which sectors are open and closed for foreign investment and which conditions apply. The new list permits or increases the allowed ceiling for foreign investment in a number of sectors, including tourism, film and cold storage as well as e-commerce, golf courses, health support services and airport support. The list also adds restrictions to foreign investment in a number of sectors. The revised Negative Investment List is part of a wider effort to simplify investment licenses, facilitate investment projects and boost needed investment.

• Type:

  • Entry and establishment (Ownership and control)

• Industry:

  • Not industry specific

• Sources:

  • Indonesia Investment Coordinationg Board (BKPM), Negative Investment List, http://www2.bkpm.go.id/en/prosedur-investasi/daftar-negatif-investasi, 18 May 2016
  • Indonesia Investment Coordinationg Board (BKPM), Negative Investment List, http://www3.bkpm.go.id/en/investment-procedures/negative-investment-list, 12 May 2016
  • Lexology, Indonesia new negative list 2016, http://www.lexology.com/library/detail.aspx?g=f6d9e6f7-2858-4f9a-be69-175e12ae3707, 24 May 2016