INDONESIA : Government Issues Revised Negative Investment List

Wednesday May 25 2016

The Indonesian Government has issued a revised Negative Investment List (DNI). The 2016 DNI, contained in Presidential Regulation No. 44 of 2016, replaces the 2014 DNI.

The DNI in Indonesia outlines the sectors in which foreign and domestic investment is prohibited or restricted.

Certain limited industries have been removed from the list by PR 44/2016, which enables 100% foreign ownership in these sectors. This includes:

• fishery and fishery processing industries (however sea sand quarrying is no longer available for foreign investment and utilisation of corals requires recommendations from the Minister of Environmental and Forestry); and
• direct sellers and futures brokers.

Additionally, investment limit restrictions on certain sectors has been increased, including warehouse distribution, travel agencies and telecom industries which now have a maximum permitted level of foreign investment of 67% (from 33% previously).

Changes in investment limits have also been made to the energy and mineral resources, public works, transportation and agriculture sectors.

Please click on the link above for more information (English version not yet available).