Indonesia Opens the Door – a Bit – to M…

Indonesian President Joko Widodo has fulfilled a long-awaited promise, delivering a revised list of businesses and sectors formerly closed or limited in terms of foreign investment. The list largely follows a February policy package that described sectors previously closed to foreign investment that are now to be open with varying restrictions. They include the film industry, now completely opened up including distribution, and cold storage. Health care support services are now open to 67 percent foreign ownership. Others are limited to 49 percent – minority ownership -- including land transport services and installation of high-voltage lines.

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