ANNOUNCEMENT 24 Dec 2013On December 24, 2013, the Indonesian Government announced that its triennial revision of the so-called “Negative Investment List”(Daftar Negatif Investasi, DNI), which limits foreign ownership in certain sectors, was completed and sent to the president for signing. On the whole, the revision allows for more foreign ownership in some sectors and restricts it in others. The new Negative Investment List was confirmed by Presidential Regulation 39/2014 on 23 April 2014. Update: On 11 February 2016, the Indonesian government updated its Negative Investment List (cf. Related Measures). As not all investment caps were updates, this measure remains in force.
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Ministry of Economic Affairs, December 24, 2013, 'Draf Revisi Perpres DNI Rampung' (in Bahasa Indonesia): http://www.ekon.go.id/berita/view/draf-revisi-perpres-dni.458.html#.Us7Ny3npPck
The Jakarta Post, December 26, 2013, 'Govt raises foreign ownership limit': http://www.thejakartapost.com/news/2013/12/26/govt-raises-foreign-ownership-limit.html
Presidential Regulation 39/2014 (in Bahasa Indonesia):