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Indonesia Revises Negative Investment List

21 May 2014

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Approved Changes

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Indonesia

Revisions to Indonesia's negative investment list for foreign direct investment (FDI) were issued under Presidential Decree No. 39/2014. Main sector changes include: Expanded Foreign Ownership Electricity Generation > 10MW - 100% ownership if through public private partnerships (PPP), otherwise 95% (previously 95%) Port Facilities - 95% ownership if through PPPs, otherwise 49% (previously 49%) Pharmaceuticals Industry - 85% ownership (previously 75%) Film Production - 51% ownership for inventors from ASEAN countries (previously closed to FDI) Venture Capital - 85% ownership (previously 80%) Reduced Foreign Ownership Electricity Generation 1 to 10MW - 49% ownership (previously 100% if through PPP) Drilling Services...