Can Positive Investment List Attract Investors?

By Editorial Team 24/02/2021
investment magnet
Summary

The government set a positive investment list (DPI) as stipulated in Presidential Regulation (Perpres) No. 10/2021 on Investment Business Fields. The regulation, which will take effect from March 4, 2021, aims to encourage domestic and foreign capital flows. Coordinating Minister for Economic Affairs Airlangga Hartarto said he would open 1,700 business fields for investment.

"Investments under Rp 10 billion are specifically for micro, small and medium enterprises (UMKM), while foreign capital is above Rp 10 billion," said Airlangga. The government prepared 246 business fields to obtain incentives such as tax holidays and tax allowances. There are also 90 business fields opened to partner with cooperatives and MSMEs as well as 46 other business fields with certain requirements.

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