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Indonesia boosts foreign access to transport services market

( February 3, 2016, 06:33 GMT | Insight) -- Indonesian transportation minister Ignasius Jonan says the government will allow foreign stakes of up to 67 percent in service providers at airports and ports, but maintain a 49-percent foreign ownership limit for ports and airports themselves, Suara.com reports.  Indonesian transportation minister Ignasius Jonan says the government will allow foreign stakes of up to 67 percent in service providers at airports and ports, but maintain a 49-percent foreign ownership limit for airports and ports themselves, Suara.com reports. Jonan said the move is intended to improve the logistics sector and to bring down logistics costs. The government will also allow increased foreign investment in aviation support services, including computer reservation systems, ground handling, aircraft leasing, maritime cargo handling, freight forwarding and transportation management services. ...

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