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BRUNEI DARUSSALAM |
INDONESIA |
LAO PDR |
MALAYSIA |
MYANMAR |
PHILIPPINES |
SINGAPORE |
THAILAND |
VIETNAM |
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1. Fields / Sectors |
| Pioneer industries and products are categorized as follows:
Industries
Aircraft Catering Services/Cement Finish Mill/ Pharmaceutical/ Aluminum Wall Tile/Rolling Mill Plant/ Industrial Chemical/Shipyard/Tissue Paper/Textile/Canning, Bottling and Packaging/ Furniture/ Glass/ Ceramic and Potteries/Woodbase/Plastics and Synthetic rubber/Fertilizers and Pesticides, Toys, Gas, Sheet Metal-Forming, Manufacture of Electrical Industrial Machinery and apparatus.
Products
Various types of food for airlines, cement, various types of medicines, and vitamins, tablets, syrup, etc, aluminum wall tiles and other decorative tiles, manufacturing/ fabricating iron and steel, various types of chemicals for oil and other industries including corrosion inhibitors, scale inhibitors, oxygen scavengers and detergents manufactured or blended in Brunei Darussalam, ship repair and maintenance, tissue paper and kitchen napkin, clothing, canned, bottled and packaged food and drinks, wooden rattan and knock-down furniture, sheet glass, sceintific laboratory industrial glassware, optical and photographic glass, lighting and decoratives glassware, glass product for household and automotive, tiles, sanitaryware, chinaware, stoneware, potteryware, porcelainware, plywood and wooden construction elements, PVC tubing, pipes plastics bottles, containers, various types of medical, surgical and household rubber products, various types of fertilizers and pesticides, mechanical, electronics, wooden, plastics and rubber toys, various types of industrial gas, roofing. metal-furniture, walling, fencing, roof trusses, frames, fitting and fixtures, ducting, containers for storage and transport, other related building materials, manufacture and renovation of electric motors, generators and complete turbine generator and engine generator sets, transformers, switchgear and switchboard apparatus, rectifiers, other electrical transmission and distribution equipment, electrical industrial control devices such as motor starters and controllers, electro-magnetic clutches and brakes, electrical welding apparatus and other electrical industrial apparatus.
2. The above industries are not exhaustive and can be expanded to include those industries which have been identified under the National Development Plan as well as others as may be determined by the appropriate government officials. |
1. The sectors/areas that have proven to be attractive to foreign investors include: agro-processing, tourism, infrastructure development, textiles, leather products, steel and steel products, rubber products, chemicals, sports articles, food products, household and office equipment.
2. List of activities promoted by the Indonesian Government for inward investment:
* Agriculture products
* Mining
* Tourism
* Other services
Second Priorities:
* Farming and farming products
* Chemicals industry
* Steel industry
* Wood industry
* Garment Industry
3. Revision has been made over the negative list No. 96/1998 under the presidential decree consisting of 16 sectors that are closed for investment, such as:Cultivation and Processing of marijuanaand the like, exploitation of sponge, conduct of forest logging, uranium mining, etc.
4. 9 sectors are closed for investment in which a part of the shares are owned by foreign citizens and/or foreign legal entities, such as: Fresh water fish and fresh water cultures, forest utilization right, taxi, bus transportation, local shipping, private television broadcasting, etc. |
Investment in manufacturing, eco and cultural tourism, forest products, mining, hydroelectric power, agriculture and agribusiness are especially welcomed. Lao PDR is open to foreign investment (either as joint venture or with 100% foreign equity ownership) in all sectors except those that are detrimental to national security, the natural environment, public health, or the national culture, or which violate the laws and regulations of the Lao PDR. |
Emphasis is on attracting:
- high-technology, capital-intensive and skill-intensive industries
- multi-media and information technology industries
- Research and Development (R&D) activities
- Development of ancillary and supporting industries
- Industries utilizing natural resources
- technical and vocational training
- development of the Eastern Corridor of Peninsula Malaysia and the states of Sabah and Sarawak. |
1. Types of economic activities allowed for foreign investment as appeared in MIC Notification No. 1/89 are classified in 9 sectors:
* Agriculture
* Livestock and Fishery
* Forestry
* Mining
* Industry
- Foodstuff
- Textile
- Personal Goods
- Household Goods
- Leather Products and the Likes
- Transport Equipment
- Building Materials
- Pulp and Paper
- Chemicals, Chemical Products and Pharmaceuticals
- Iron and Steel
- Machinery and Plant
* Construction
* Transport and Communication
* Trade
* Economic activities mentioned in section 3 of the State-owned Economic Enterprises Law, provided permission has been obtained under section 4 of the said Law.
2. If proposals for economic activities not specified in the above mentioned list are submitted, they will be considered individually by MIC. |
The 1998 Investment Priorities Plan lists 13 activities. They have been categorized into: export oriented industries (covers export producers, export traders, service exporters, and activities considered in support of exporters); catalytic industries (composite board and shipbuilding/ship repair/shipbreaking); industries undergoing industrial adjustments (chemical products, engineered products and/or their parts and components); support activities (infrastructure, common carriers, environmental activities and support to other government priority programs) and mandatory inclusions (industrial tree plantation, BOT projects, iron and steel, mineral resources, high value crops, book publishing, agriculture and fishery, petroleum industry, jewelry and AICO projects). |
Singapore is open to foreign investment in almost all industries, except those with national security, health or social implications. The sectors/areas that have proven to be attractive to foreign investors include electronics, chemicals, communications and pharmaceuticals. |
1. List of Activities Eligible for Investment Promotion as appeared in the BOI Announcement No.1 and 2/1993 is classified in 7 sectors :
* Agriculture and Agricultural Products,
* Minerals, Metals, and Ceramics,
* Light Industry,
* Manufacture of Metal Products, Machinery, and Transport Equipment,
* Electronics and Electrical Industry,
* Chemical Industry, Paper and Plastics,
* Services and Public Utilities.
2. Under BOI's criteria, the following activities will be given higher privileges;
* basic transportation systems,
* public utilities,
* environmental protection and or restoration,
* direct involvement in technological development,
* basic industries,
* 19 activities in supporting industry including Mould and Die, Jig and Fixture, Forging, Casting, Tooling, Cutting Tools, Grinding Tools,
* Sintered products, Surface Treatment, Heat Treatment, Center for Precision Machining, Electronic Connector, NI-CD Battery and Rechargeable Battery, Engineering Plastic, Machinery, Measurement Equipment for Industries, Anti Lock Break System, Electronic Fuel Injection System, Substrate for Catalytic Converter |
1. List of Projects in which investment is specifically encouraged:
* Projects for export of 100% products;
* Projects for production of new breeds or cross-breeds of high quality and international standard and high economic efficiency;
* Projects for processing of agricultural, forestry and aquatic products for export from domestic material sources creating high added value, employing a high number of labourers;
* Projects included in the List of projects where investment is encouraged to be located in areas where investment is encouraged;
* Projects for production of new or rare and precious materials; projects for application of new biological technology; electronic technology; new technology for manufacturing communication and telecommunication equipment; and informatics technology;
* Export processing enterprises and high-tech industrial enterprises in industrial zones, export processing zones and high-tech zones;
* Projects for treatment of environmental pollution and protection, and treatment and processing of waste;
* Investment projects under BOT, BTO and BT contracts.
2. List of Projects where Investment is Encouraged
Agricultural, Forestry and Fishery Sectors:
* Processing of agricultural, forestry and aquatic projects for export;
* Technology of preservation of food; preservation of post-harvest agricultural products; and application of biotechnology and biological measures in agriculture, forestry and fishery;
* Production of materials for insecticides which are of high effectiveness and safe for human being, domestic animal and environment;
* Manufacture of equipment, spare parts and agricul-tural machinery;
* Projects employing a high number of labourers, effectively utilising natural resources avail-able in Vietnam.
Industrial Sectors:
* Exploration, exploitation and down-stream processing of minerals;
* Development of the petrochemical industry;
* Production of high-quality steel, alloy, non-ferrous metal, special metal, billet and sponge iron for industries;
* Manufacture of machine tools for metal machining;
* Manufacture of spare parts for automobile and motorbike; manufacture and assembly of equipment, vehicle and machinery for construction;
* Manufacture of diesel engines with advanced technique and technology; manufacture of machinery and spare parts for engines and hydraulics and compressing machine;
* Building of ships; and manufacture of equipment and spare parts for cargo ships and fishing boats;
* Manufacture of equipment and component's pack for oil and gas exploitation and energy mines; manufacture of large-size lifting equipment;
* Manufacture of precision mechanical equipment; and jig and dies manufacturing;
* Manufacture of equipment for treatment of waste water;
* Manufacture of electrical middle and high voltage devices;
* Production of basic chemicals, pure chemicals, dyer and specialised chemicals;
Production of special cement, composite materials, sound-insulating materials, elec-trical insulating materials, heat-insulating materials and wood-substitute synthetic materials;
Production of silk, fiber of various kinds, textile products for export, and special fabric used in industries;
* Production of high quality materials for production of footwear and garment for export;
* Production of high quality package for exports;
* Production of materials for medicines;
* Production of medicines mee-ting the GMP international standards; and production of new pharmaceutical products by biotechnology. |
| 2. Restrictions |
|
N. A. |
1. The Negative List already revised under Presidential Decree No. 96/1998 restricted sectors are the following :
* 9 are closed for investment in which a part of share ownership is owned by foreign citizens or entities:
- Taxi/Bus Transportation, Local Shipping, Retail Trade and the like, Domestic Trade Support Services, Private Television Broadcasting and Radio Broadcasting Services, Operation of Cinema, Freshwater fish and Fresh water fish cultures, Forest Utilization Right, Medical services.
* 8 are closed for investment with share ownership entirely (100%) is owned by foreign citizen or entities:
- Construction and Operation of seaport, Generation, Transmission and Distribution of Electric Power for the Public, Telecommunication, shipping, Airflight, Construction and Operation of Potable water, Railway Transportation, Generation of Atomic Power.
* 9 are closed for investment except it can fulfill certain conditions:
- Powdered Milk/ Condensed Milk (Except integrated with dairy cattle raising ), Sawmill, Plywood (except in East Timor and Irian Jaya Provinces), Printing of Valuable
- Paper (except for state printing enterprise)
- Manufacture of Ethyl alcohol except for the Technical Grade.
- Explosive materials and the like except for state owned enterprise
- Aircraft: (Jet engine or propeller for transportation, Helicopter, Aircraft engine: piston combustion engines, turbo jets, turbo propeller, other turbo gas, ram jet, pulse jet and turbo fans, Aircraft equipment and accessories:
* aircraft/ helicopter propeller and landing equipment) except in cooperation with PT. IPTN
- Liquor and alcoholic beverages new project and expansion project should be located in bonded zone or export oriented production entreat
- Fireworks
(Remark: New project and expansion project should be located in Bonded Zone or Export oriented production entreat)
* 16 are absolutely closed for investment
- Contractors of forest logging
- Casino/gambling
- Utilization and cultivation of sponges
- Finished/semi-finished mangrove wood processing
- Manufacture of Penta Chlorophenol, Dichloro Dephenyl, Trichloro Ethane (DDT), Dieldrin, Chlordane.
- Pulp Industries using sulphite process
- Alkaline chloride industry using Mercury process
- Manufacture of Chloro Fluoro Carbon (CFC/Freon)
- Manufacture of cyclamate and Saccharin
- Cultivation and Processing of marijuana and the like
- Uranium mining
- Liquor/ alcoholic beverages
- Firecrackers and fireworks
- Explosive material and the like
- Manufacturing of weapons and related component
- Printing of valuable papers
2. With the Negative list, some specifications are announced as to which industries with assets of less than 600 million Rupiah, excluding real estate, are restricted. Such areas are mainly traditional domestic industries which should be protected. It is possible to establish a joint venture in such industries; however, part of the production process should be in the hands of local companies and management, technology, plants, and financing of local companies should be supported. |
Except as noted above, all sectors are open to foreign investment. |
1. Malaysia maintains a liberal investment regime. With the exception of equity restrictions in some specific industries (see Paragraph 1.1 (b): Foreign Equity Policies), all industries in the manufacturing sector are open to foreign and domestic investment, which can either be wholly foreign-owned or joint-ventures.
2. There are some industries where approval for manufacturing license may not be granted for reasons of excess capacity and raw material shortage. These are the automotive industry, round and deformed steel bars, steel wire rods, palm oil refining, sawn timber, veneer, and plywood. |
- Economic activities mentioned in section 3 of the State-owned Economic Enterprises Law. |
The 1991 Foreign Investments Act (RA 7042 as amended) provides for a Negative List enumerating sectors/activities where foreign participation is prohibited/restricted. The Negative List classified areas where foreign ownership is limited by mandate of the Constitution and specific laws and those where foreign ownership is limited for reasons of security , defense, risk to health and morals and protection of small and medium-scale enterprises. |
Generally, private investment is restricted in fields such as weapons ammunition, public utility service,
telecommunications, finance and insurance. |
1. Private and foreign investments are prohibited in fields stated in the Industrial Policy Announcements including manufacture of sugar, upstream petrochemical, tantalum, multi-purpose engine, and concrete reinforcement steel.
2. The 1972 Alien Business Law also prohibits foreigners from majority participating in specific business activities. Those activities are classified into Category A, B and C including businesses in agriculture, commerce, services, industries, transportation and construction. However, the foreigners are allowed to engage in Category B and C with Board of Investment promoted status.
3. The Industrial Policy Announcement and the 1972 Alien Business Law are now reviewed to be more liberalised. |
List of Sectors in
which Licensing of Investment is Conditional
* Investment in the Form of a Joint Venture Enterprise or a Business Co-operation Contract
- Construction and operation of international telecommunications networks and local telecommunications networks (under a business co-operation contract only);
- Exploitation and processing oil and gas, and precious and rare resources;
- Construction and operation of infrastructure facilities of industrial zones, export processing zones and high-tech zones;
- Construction business;
- Air, railway and sea transportation; public passenger transportation; construction of sea-ports and air ports (BOT, BTO and BT projects shall be subject to separate regulations);
- Production of cement, steel and iron;
- Production of industrial explosive;
- Afforestation and planting of perennial industrial crops;
- Travel tourism;
- Culture, sport and entertainment.
* Investment projects which are required to export at least 80% of products:
- Industrial products requirements of which are satisfied by domestic production in terms of quantity and quality shall be published by the Ministry of Planning and Investment from time to time.
* Investment projects which must be in conjunction with development of raw material sources:
- Production and processing of dairy;
- Production of vegetable oil and cane sugar;
- Processing of wood;
List of Sectors in which Investment will not be Licensed
* Projects which are prejudicial to the national security, defense and public interests;
* Projects which are detrimental to the historical and cultural relics, fine customs and traditions of Vietnam;
* Projects which are prejudicial to the ecological environment; projects for treatment of toxic waste imported from foreign countries to Vietnam;
* Projects for productions of toxic chemicals or utilisation of toxic agents which are prohibited in accordance with an international treaty. |
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