The Indonesian government through the so-called economic package to all 10 open 100% foreign investment for 35 areas of business to boost economic growth.
Businesses that opened it covers 35 areas, including health support services, pharmaceuticals, tourism and film industries.
Coordinating Minister for Economic Affairs, Nasution, said the policy change Negative List, DNI, is the largest in the last 10 years and is expected to give a big impact to the Indonesian economy.
"In a situation of a slowing world economy, world trade fell, interest for the investments it down, for that Indonesia take special measures so that the investment is not down, so simple logic."
"We want to not drift this slowdown, we want to keep existing investments. That is why, there is a package one, two now up to 10, we try to invite investors in the field of infrastructure," said Nasution after the press conference at the Presidential Office, Thursday (11/02 ).
Cheap price
Repeal of the DNI, the business field can be controlled by foreigners without any limitations that are expected to increase competition and impact on society, including reduced prices.
Head of the Investment Coordinating Board BKPM, Franky Sibarani dibukan say with 100% percent of foreign investment in the industry of medicinal raw materials, the price of the drug is expected to become cheaper.
"Right now we have 95% of imported raw materials, the president requested that it lowered so that we can provide a less expensive medicine that can be given to the community. Of course later vary, it depends on the type of medicine," said Franky.
He added that there are investors who expressed interest in the pharmaceutical field, among others, India, Korea and China.
Protect SMEs
Cabinet Secretary Pranono Anung said the basis of this policy change, among others, aims to provide protection against micro small and medium enterprises SMEs.
"They are not affected by the policy, once again to SMEs with net assets at below 10 billion," said Pramono at a press conference at the President's office on Thursday (12/02).
Pramono also said this is not the policy of liberalization. "This is to encourage the modernization of our nation, and they actually open policy that can make anyone any player will be the growth of new entrepreneur-new entrepreneurs, new innovators of new technologies that can compete with global.
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