Region
East Asia & Pacific
Income group
Lower middle income
Most populous city
Jakarta

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Transport
Sector:
International air: A foreign company seeking to own an airline providing international passenger transportation. Excluded from the definition is cargo transport.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Competitive market, i.e. Many firms
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Likely
Name of regulatory authority
(1) Department of Transportation Republic of Indonesia, (2) Directorate General of Air Transportation
Additional comments:
Legislation: (1) The Presidential Regulation of the Republic of Indonesia No.111 of 2007 regarding the Amendment of the Presidential Regulation No.77 of 2007 concerning List of Business Fields that are Closed for Investment and Business Fields that are Co
There are foreign firms currently operating in this sector