Home Blog The Negative Investment List as Your Business Reference Group1 | Indonesia | Local Partner Distributor The Negative Investment List as Your Business Reference InCorp Editorial Team 28 March 2014 2 minute reading time Table of Contents List of Business Fields Closed to Investment The Negative Investment List is compiled by BKPM, the Indonesian Investment Coordinating Board. It specifies which sectors are open to foreign investment in Indonesia as well as the percentage of foreign ownership permitted. This list is regularly revised and the most recent version is Presidential Decree No.36/2010. List of Business Fields Closed to Investment No SECTOR BUSINESS FIELDS KBLI 1 Agriculture Marijuana Cultivation 01289 2 Forestry 1. Capturing of Fish Species as Stated in Appendix I Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) 2. The use (removal) of coral/atoll from nature for construction material/lime/calcium and souvenir/jewelry, also live or dead coral (recent dead coral) from nature. 01710311903119 3 Industry 1. Alcohol Beverage Industry (Liquor, Wine, and Malt Containing Beverages) 2. Mercury processed Chlorine Alkali Maker Industry 3. Chemical Material Industry that can damage the environment, such as:- Halon and others- Penta Chlorophenol, Dichloro Diphenyl Tricholoro Elhane (DDT), Dieldrin, Chlordane, Carbon Tetra Chloride, Methyl Chloroform, Methyl Bromite, Chloro Fluoro Carbon (CFC) 4. Chemical Material Industry Schedule 1 Chemical Weapon Convention (Sarin, Soman, Tabun Mustard, Levisite, Ricine, Saxitoxin, VX, etc) 11010110201103020111 20114 20119 20119 4 Transportation 1. Providing and Implementation of Land Terminals 2. Implementation and Operation of Weight Stations 3. Implementation of Motor Vehicle Type Tests 4. Implementation of Motor Vehicle Periodic Tests 5. Telecommunication/Supporting Facility of Shipping Navigation 6. Vessel Traffic Information System (VTIS)7. Air Traffic Guiding Service 52211 5221971203 71203522215222152230 5 Communication and Informatics Management and Implementation of Radio Frequency and Satellite Orbit Spectrum Monitoring Stations 61300 6 Culture and Tourism 1. Public Museums 2. Historical and Ancient Heritage (temple, castle, epigraphy, remains, ancient buildings, etc) 3. Residential/Traditional Environment 4. Monuments 5. Gambling/Casinos 91021 91023910239102392000 Note: Business fields closed to Investment can be used for non-commercial purposes such as: research and development, and may obtain approval from institutions which are responsible for developing business fields. In the event that the Indonesian Standard Classification of Business Fields (KBLI) includes more than one business field, then provisions as referred to in Appendix I are only applicable to the business fields stated in the business fields column. More information about the List of Business Fields Opened with Conditions to Investment. Feel free to contact us and get a free quotation on pursuing company set up in Indonesia. Check the latest regulation on Indonesia 2018 Negative Investment List. Read Full Bio Pandu Biasramadhan Senior Consulting Manager at InCorp Indonesia An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.