Indonesia opens aqua sector to foreign investments


Aquaculture, feed industries, fish hatcheries and processing factories are among the sectors that have been opened up by the Indonesian government to foreign investors. Meanwhile, the catch fishery sector has been strictly reserved for foreign entities. To attract investors to the aquaculture industry, the government will build exclusive zones to ensure business continuity, simplify investment procedures and grant tax incentives on several imported raw materials.

Recently Norway expressed interest to invest in the Indonesian aquaculture industry. “We want to enhance our business-to-business relationship and bring our expertise together, because we believe it has a bright future,” said Stig Traavik, Norwegian Ambassador to Indonesia.


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