More than 300 sectors to be opened for unlimited #investment in #Indonesia. Government to give tax breaks, incentives for priority sectors.
The list of #industries limited to foreign investment has been cut to just 48, from more than 300, according to a draft of the presidential decree. The government is set to remove restrictions for sectors such as communications, information and technology, energy, tourism and creative economy.
The lineup, expected to be issued next month, is a long-awaited overhaul of the so-called negative investment list that restricts and limits foreign ownership in hundreds of business fields.
Access @bloomberg article via our Twitter post.
#StaySafe #StayHealthy
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The list of #industries limited to foreign investment has been cut to just 48, from more than 300, according to a draft of the presidential decree. The government is set to remove restrictions for sectors such as communications, information and technology, energy, tourism and creative economy.
The lineup, expected to be issued next month, is a long-awaited overhaul of the so-called negative investment list that restricts and limits foreign ownership in hundreds of business fields.
Access @bloomberg article via our Twitter post.
#StaySafe #StayHealthy
View on Instagram