Indonesia relaxed rules for international firms in various sectors, including agriculture, healthcare facilities, restaurants and movie theaters.

This was the first revision since 2014 to the so-called Negative Investment List, which spells out the sectors to which foreign investment restrictions apply.

Thursday's announcement was not all about opening up Indonesia's industries, however. Twenty sectors, including low-tech construction, were added to the list of industries with foreign investment restrictions.

The following are changes to the Negative Investment List for major industries:

100 PCT OPEN TO FOREIGN INVESTMENT

- Toll roads

- Restaurants, bars

- Film making

- Film distribution

- Cinemas (required to show Indonesian films at least 60 pct of their screen time)

- Cold storage

- Rubber industry

- Non-toxic waste management

MAJORITY FOREIGN STAKE

- Healthcare facilities such as medical instruments (67 pct)

- Telecommunications networks and services (67 pct)

- Warehousing (67 pct)

- Consulting services in construction (67 pct of the value of project over 10 billion rupiah ($742,942))

SECTORS OPENED UP FOR THE FIRST TIME

- Installation of high-voltage utilisation (49 pct)

- Land transport (49 pct)

- Healthcare facilities such as medical instruments (67 pct)

- Film industry including distribution (100 pct)

REUTERS