ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
Thomas Lembong, the head of the Indonesian Investment Board Committee (BKPM), announced at a press conference on 5 April 2018 that the president has instructed him to open the university sector to foreign investments.
Lembong was quoted saying "We're going to go from zero percent to 100 percent foreign ownership allowed overnight" (cf. Jakarta Globe). He has not provided any information on when the change would take place. Furthermore, no official information could be found on BKPM's website.
Currently, foreign education entities (schools and universities) are allowed to operate in Indonesia only in partnership with local institutions.
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