Refleksi : Waktu rezim Pak Harto naik panggung kekuasaan negara dibuat UU PMA yang menguntung bagi para investor. Pak Harto bersama keluarga serta konco bin kerabat menikmati dan menjadi kaum elit kaya raya.
Kalau sekarang UU tsb direlaxkan maka pasti lebih banyak lagi orang dikalangan kasta elit kaum berkuasa akan bertambah banyak. Dirgahayu NKRI! http://www.thejakartaglobe.com/business/sby-decree-to-relax-investment-limits/379272 June 07, 2010 SBY Decree to Relax Investment Limits President Susilo Bambang Yudhoyono will sign a decree this week easing restrictions on foreign investment in 40 sectors of the domestic economy, Investment Coordinating Board Chairman Gita Wirjawan announced on Monday. "I guarantee you it will be out this coming week," Gita said in an interview at the World Economic Forum in Ho Chi Minh City. "I was with the president. It was on top of the deck on his table. He said he would sign it in a day or two." The decree would ease some restrictions in the country's so-called negative investment list (DNI), which limits foreign ownership in companies in some sectors. Health care and education are among the industries in which increased foreign investment will be permitted, Gita said. A 2007 presidential decree was "a little bit confusing" and subject to multiple interpretations, he said. "This one takes a completely sectoral approach to the extent that foreign investors know the extent to which they can invest in any particular sector, whether it's education, agriculture, logistics, or the creative industries," he said. "We have decided to liberalize 40 sectors." In March, Gita said the government planned to unlock more sectors of its economy to overseas investors, but would not allow foreign investment in telecommunication towers. There has been fierce resistance from local stakeholders to proposals to open up multibillion-dollar investment in such areas as base towers for mobile phones. In health care, foreign investors would be allowed to own up to 67 percent of hospitals across the country, he said. Previously, foreign ownership in hospitals had been restricted to a few cities such as Surabaya and Medan. Foreign companies will also be allowed to have a maximum ownership of 49 percent in plantations producing staple foods such as rice, as well as cargo services and film businesses, Gita said. Bloomberg & Reuters ++++ http://www.thejakartaglobe.com/opinion/editorial-lowered-bars-to-fdi-will-be-welcome/379305 June 07, 2010 Editorial: Lowered Bars to FDI Will Be Welcome If indeed President Susilo Bambang Yudhoyono signs a decree this week easing restrictions on foreign investment, that will be great news. Indonesia has skirted this issue for far too long, coming up with vague and unclear regulations on which industries are open to foreign investments. As a result, foreign interests have shied away from undertaking any major investments in the country. Over the past few years, foreign direct investment has averaged $15 billion to $18 billion, far below the $40 billion targeted and needed to boost economic growth, create employment and reduce poverty. It is well known that Indonesian requires 7 percent or higher economic growth to create enough jobs to absorb the nearly 3 million entrants to the job market each year. More important, Indonesia needs $200 billion in new investments over the next five years to fuel faster growth. It makes no sense for the country to restrict foreign investment unduly. Gita Wirjawan, chairman of the National Investment Coordinating Board (BKPM), has been a champion of easing restrictions for foreign investors and amending the so-called negative list of industries that are out of bounds for foreign investors. He has also pushed hard for bureaucratic reforms and slashing the time it takes to obtain a business permit for foreign investors. Crucially, the BKPM chairman also has the president's ear and confidence. He brings a new private-sector approach to his job and is moving fast to revamp the institution. Over the weekend, he said he personally guaranteed that the presidential decree on the new regulations would be out this week. "I was with the president. It was on top of the deck on his table. He said he would sign it in a day or two," Gita was quoted saying. The decree will change the country's negative investment list, which limits foreign ownership in many companies and sectors. Health care and education are among the industries in which increased foreign investment will be permitted. This will surely be welcome by foreign investors, as a 2007 presidential decree was a little confusing and subject to multiple interpretations, Gita said. "This one takes a completely sectoral approach [so] foreign investors know the extent to which they can invest in any particular sector, whether it's education, agriculture, logistics or the creative industries," he said. "We have decided to liberalize 40 sectors." If these changes help boost economic growth and attract more foreign direct investment, they will be highly valued. But even as we strive to open the economy to foreign investors, we must not forget the domestic business players who have carried the economy on their shoulders over the past several years. That is why it is critical to ensure that we create a level playing field where foreign investors and domestic players can compete fairly and transparently.
