Tracking changes to Indonesia's foreign investment framework — Positive Investment List updates, PT PMA rules, BKPM policy changes, and FDI ownership restriction amendments.
This tracker is updated periodically. For a current, tailored analysis of regulatory changes affecting your specific business — order a Regulatory Monitoring Brief.
| Regulation / Policy | Summary | Status | Last Updated |
|---|---|---|---|
| Positive Investment List (GR 10/2021) | Governs foreign ownership limits across all sectors. Last revised to adjust DNI list in agribusiness and digital sectors. | Active | June 2026 |
| Danantara Co-Investment Framework | PP 19/2026 expanding Danantara authority to establish state holding companies. Affects SOE partnerships and co-investment structures. | Active | April 2026 |
| OSS-RBA System Update | Risk-Based Approach licensing via OSS. BKPM issued technical guidance on NIB classification for new digital business activity codes. | Active | March 2026 |
| Minimum Capital Rules — PT PMA | Ministry of Investment reviewing minimum paid-up capital thresholds for PT PMA in service sectors. Proposed revision under consultation. | Pending | May 2026 |
| Foreign Worker Permit (RPTKA) Reform | Simplification of RPTKA (expatriate worker plan) filing for tech sector companies. New 30-day processing target issued. | Active | February 2026 |
| SEZ New Zone Designations | Two additional KEK zones gazetted — one in North Kalimantan (downstream minerals) and one in East Java (logistics). Active for investment applications. | Active | June 2026 |
This tracker monitors Indonesia's foreign investment policy framework — the rules that govern how foreign-owned companies can be structured, licensed, and operated in Indonesia. The primary instruments are the Positive Investment List (Daftar Prioritas Investasi), which specifies foreign ownership caps by sector; the OSS (Online Single Submission) licensing system; PT PMA formation and compliance requirements; and ongoing BKPM administrative guidance that shapes how those rules are applied in practice.
The most significant structural development is Danantara's expansion and the creation of new co-investment frameworks involving state enterprises. For foreign investors, this is primarily relevant for those operating in sectors with significant SOE involvement — mining, energy, telecommunications, and financial services. Beyond Danantara, the SEZ framework has seen two new zone designations and the government has accelerated OSS-RBA implementation to reduce the time from NIB application to business activity commencement for most standard sectors.
The Positive Investment List has been under informal review for a subset of service sectors — particularly professional services, education, and healthcare — with indications that some ownership restrictions may be eased as part of CEPA commitments or autonomous reform. Businesses in these sectors should monitor the Ministry of Investment's official communications closely in the second half of 2026.
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