Indonesia's Ministry of Finance has announced plans to expand the scope of industries eligible for the "Pioneer" industry tax holiday incentives to include manufacturers of agricultural product and marine transportation, manufacturing in general if in a special economic zone, and certain infrastructure projects. Currently, the incentive is available for the following industries: Basic metals production; Petroleum refining and/or organic basic chemicals derived from petroleum and natural gas; Industrial machinery; Renewable resources; and Telecommunication equipment The incentives is an income tax exemption holiday for 5 to 10 years with the condition of a minimum capital investment of IDR 1 trillion (approximately...