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Indonesia's Investment Negative List

An evaluation for selected services sectors

Bibliographic Data

ID8415730
AuthorsStephen Magiera, Stephen L Magiera (corresponding author)
Year2011
Volume47
Issue2
Pages195-219
Publication date2011-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBulletin of Indonesian Economic Studies (JOURNAL)
Journal identifiersISSN: 0007-4918 • E-ISSN: 1472-7234
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00074918.2011.585947
OpenAlexW1997353339
LanguageEN
Citations received6
References cited6

In March 2007, Indonesia's parliament approved a landmark new law on investment. Law 25/2007 replaces separate laws on foreign and domestic investment from 1967 and 1968, and provides a single legislative framework for domestic and foreign investment. The law states that all business sectors are open to investment, including foreign investment, unless specified in a presidential regulation containing Indonesia's Investment Negative List (DNI). This paper summarises the results of four sector studies undertaken to review implementation of the investment law. The purpose of the DNI is to provide certainty to investors by documenting restrictions in a single list, thereby eliminating the power of ministries to set their own rules. This paper finds that, in practice, considerable uncertainty remains, arising particularly from the law's implementing regulations. Furthermore, new ministerial decrees and laws appear to bypass the list and may reflect a trend towards greater restriction of foreign investment in Indonesia

Business · Geography · Investment (military) · Political science · Politics · Regional science · Economic, financial, and policy analysis · Finance · Methodology and Impact of Social Science Research · Migration, Policy, and Dickens Studies

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Unique citing works6
Citations per year0,43
Citation span2012 - 2023 (12)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 6

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