Indonesia is open for any foreigner who interest to make investment in Indonesia, Indonesia divided investment become three categories which are: new investment, expansions and changes investment. Changes investment means "foreign investor buys domestic company partly or wholly in which case the entire equity of the Indonesian firm is added to the investment approval totals".
The major investor in Indonesia is United States, Japan, China, Hong Kong, Singapore, Taiwan, United Kingdom, South Korea, Germany and Australia. Most of that country invested in Trade, Industry, Property, Plantation, Services, Infrastructure, Construction, Fishery, and Franchises.
Indonesia government practices law no 1 year 1967 its amendment about the Foreign Investment and Law no 1 year 1995 about limited Liability Company. All foreign investor only have right to land holdings for usually obtained through long-term lease agreements (normally for 30 years) with the government or private parties.
Certain sector is close for all investor which is: marijuana, sponges, harmful chemical products, weapons, alcoholic drinks, casinos, air traffic systems. Sector that only closed for foreign investor which is "germ palms cultivation, forest concessions, lumbering contractors, taxi/bus transport and small-scale water transport services, print media, TV, radio, film and cinema, including distribution and exhibition, small-scale retail trade".
References:
http://www.bkpm.go.id/id/downloads/31
http://www.fnpfirm.com/lib/Foreign_Investment_in_Indonesia__writeup_.pdf
http://www.idrc.ca/en/ev-68161-201-1-DO_TOPIC.html#
http://www.smh.com.au/news/Business/Indonesia-battles-to-attract-foreign-investors/2005/01/14/1105582715689.html
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