Indonesia’s New Investment List Increases FDI Opportunities for Foreign Investors

Indonesia’s New Investment List opens a number of sectors to foreign investment from 4 March 2021.

The number of sectors subject to foreign ownership restriction on its face appears to have been significantly reduced. However, given the complexity of the relevant regulations in the context of the broader law reforms introduced by the Omnibus Law, the new rules do require careful analysis, particularly of any sector-specific legislation which may remain applicable. Continue reading

Indonesia’s New Investment List: Liberalisation of Foreign Investment in the Energy, Resources and Infrastructure Sectors

The Indonesian government has published its long-awaited new investment list, under Presidential Regulation No. 10 of 2021 regarding Investment Sectors (the New Investment List), which sets out important new foreign investment rules for a raft of sectors in Indonesia. It will replace Presidential Regulation No. 44 of 2016 (known as the 2016 Negative List) when the New Investment List takes effect on 4 March 2021. Continue reading