The Negative Investment List Becomes Positive Investment List – In order to invest in Indonesia, investors must comply with some particular regulations made by the government, especially regarding what type of business will be established. Although the government welcomes as many investors as possible to Indonesia, there are certain businesses that are not allowed. The forbidden business is listed in Indonesia’s Negative Investment List (DNI).

But the government will erase the Negative Investment List (DNI) starting in January 2020. Instead, the government will publish a Positive Investment List that contains investment sector information that can be entered by all investors, both foreign and domestic investors.

However, there are still sectors that are prohibited from investing in Indonesia. There are only six sectors, including the cannabis business, casinos or gambling centers, industries that use mercury in the production process, and the chemical weapons industry.

Coordinating Minister for the Economy Airlangga Hartarto said later the positive investment list would contain three clusters. All three are positive lists, white lists, and business clusters that are opened with certain requirements. This third cluster includes the Micro, Small and Medium Enterprises (MSME) sector whose investment value is under Rp 10 billion.

In addition to relaxing the DNI, Airlangga also ensured the government would continue to improve the investment climate in Indonesia. He said the government had prepared a task force for accelerating investment, implementing tax holidays and super deduction taxes, to the Omnibus Law.