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KUALA LUMPUR , May 28: Indonesia is reviewing policies on foreign equity ownership in some sectors to enhance transparency and legal clarity in its investment regulations, top officials told a Malaysian business forum on Monday.
Indonesian Trade Minister Mari Pangestu said the review was being carried out following a new investment law which came into effect in April this year aiming to attract more foreign capital.
“The intention is part of implementing regulations of the new investment law ... to make this new list (of sectors) more transparent and clear to investors,” she told reporters on the sidelines of a business forum here.
—AFP
