ANNOUNCEMENT 05 Feb 2010

In February 2010, the government of Indonesia announced changed incentives for foreign investors entering the country.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Industry and Jakarta Post, 6 February 2010 (http://www.depperin.go.id/ENG/Publication/IndReview/2010/20100802.htm)
Ministry of Industry and Jakarta Post, 2 December 2010 (http://www.depperin.go.id/ENG/Publication/IndReview/2009/20090312.htm)


Inception date: No inception date

FDI: Financial incentive

On 5 February 2010, the Vice Agriculture Minister, Bayu Krisnamurthi, announced that the government is aiming to attract US$ 10.6 billion in investment through the development of three special economic zones producing agricultural products. The three zones will be located in Medan, Dumai, and Merauke.
The SEZ approach is intended to make local and foreign investors interested in developing downstream industries by using domestic raw materials.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A