REPUBLIKA.CO.ID, JAKARTA -- Coordinating Minister for Economy Hatta Rajasa said the revision of the Investment Negative List (DNI) is for national interest, denying reports that Indonesia has become "very liberal."

DNI is a list of business areas close to new investment.

"We need more investment but we are not sacrificing the national interest," Hatta said here on Monday.

Rajasa, the presidential hopeful from National Mandate Party (PAN), denied reports that DNI has been revised and become liberal to favor foreign investors.

"The reports as if Indonesia has become very liberal and that foreign investors are given wider room and had taken control of all strategic sectors are all false," he said.

He said so far there has been no change in DNI, and decision has not been made on a number of proposals from the Investment Board (BKPM) and the business sector.

Amendment to DNI may not be based on pragmatical goal of attracting investors, he said.

He said the policy must protect the long term national interest, adding "don't see everything from the economic point of view."

Earlier, head of BKPM Mahendra Siregar said there were five new sectors to be opened for foreign investors under the new DNI after revision now in process.

"This is yet to be finalized but at least five new sectors would be opened to foreign investors. Under the present DNI the five business areas are opened only to domestic investors," Siregar said last Wednesday.

He said the five sectors include airport and seaport transport service management, motor vehicle fit test and management of nature tourism.

He said involvement of foreign investors in airport and other public facility operation would attract private investors to take part in development of infrastructure projects, which are included in the Government-Private Cooperation Scheme (PPP).

In addition, there are relaxations of regulations on ten other business areas or sectors, he said.

The sectors include pharmaceutical industry, financial service sector mainly venture capital and telecommunications in multimedia integration and cellular phones.

There are however, a number of regulations that would not be revised such as one on horticulture that remains close to foreign investment, he said.

Ikuti Whatsapp Channel Republika