Topic > Tourism Case Study - 1701
The entry into force of this law has led to the casual opening of various sectors to foreign investors. For example, in business presence in tourism, this law provides a list of tourism sectors closed to investment and those that are open to investment under certain conditions. Simply put, only gambling and casinos are classified as a business sector closed to investment in Indonesia. For other industries, foreign service providers can operate and provide tourism services through capital ownership from 49%, 51%, 67%, 70% to 100%. Furthermore, this law granted long-term land rights to foreigners in conflict with the constitution
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