IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 19 May 2017 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

Article 5 of the regulation restricts ships weighing at least 7 GT (Gross Tonnage) and registered in Indonesia to either Indonesian citizens or legal entities with majority-shares owned by Indonesian citizens. Paragraph 3 of the article further states that foreign ownership may not surpass 49%.

Article 24(2)a5 further states that a ship will immediately lose its Indonesian registration if it is sold to a foreign entity.

As this intervention will impact ship operators, freight services was selected as the affected sector.

The regulation came into force on 19 May 2017.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.