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Indonesia Opens Up Domestic Film Industry to FDI

Indonesia is to allow foreign direct investment (FDI) in every aspect of its film industry. The announcement follows the most recent revision of the country's negative investment list, a government document that proscribes overseas companies from owning or investing in certain sectors of the country's economy.

The amended protocol now sees foreign companies able to compete equally with local businesses in a number of film-related areas, including technical services, production, distribution and cinema ownership.

For Further Details See:

Indonesia to Open Film Industry, Cinemas to Foreign Investment
(http://jakartaglobe.beritasatu.com/business/indonesia-open-film-industry-cinemas-foreign-investment/)

Content provided by Picture: HKTDC Research
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