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Door widens for foreign investors

posted Jan 6, 2014, 10:52 PM by Unknown user
Indonesia plans to expand foreign investment in Indonesia across growing economic sectors such as seaport and airport Management, telecommunications, pharmaceutical, ecotourism, movie distribution and alcoholic beverage, by increasing foreign ownership or share limit. Biggest potential foreign gains are in the seaport and airport management sector. This is expected to boost the foreign direct investment (FDI) in Indonesia and allow foreign investors to become partners in Indonesia’s economic development. More investment in these sectors may lead to growth of labor demand as well as education and training demand in aviation, medicine, hospitality and entertainment.