ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
According to consistent press reports, the government of Indonesia has decreased its cap on foreign ownership in the mining sector by 6 March 2012.
Under the new regulation, foreign investors may only own up to 49 percent of a mining company. Foreign companies currently holding higher stakes shall reduce them accordingly within the next 10 years. Prior to the change, foreign investors were allowed to hold up to 80 percent of a mining company in Indonesia.
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