In the effort to increase investment in Indonesia and to execute the ASEAN Economic Community (AEC), the Government of Indonesia had done amendments to the provision list of business fields closed and open with certain requirements in the field of investment (Investment Negative List /DNI).
These amendments are stipulated in Presidential Decree (Perpres) Number 44 Year 2016 on List of Business Fields Closed and Business Fields Open with Conditions to Investment, that was signed by President Joko Widodo on May 12, 2016. The new decree are meant to substitute the previous decree, Presidential Decree Number 39 Year 2014.
Open to foreign investmentwithout conditions
Business fields open with the requirement of the business, reserved for Small and Medium Entreprises and Cooperatives, required partnership, and busienss fields that are required certain conditions, such as capital ownership, spesific location and spesific licensing.
Prohibited from conducting any investment activities. Including goods/ services prohibited by Indonesian Law, dangerous, polluting, strategic for national security or heritage.
To download Presidential Decree Number 44 Year 2016, please click here.