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Call for Investment After US Movie Boycott1 min read

2 September 2011 < 1 min read


Call for Investment After US Movie Boycott1 min read

Reading Time: < 1 minute

US Ambassador Scot Marciel called on the Indonesian government on Thursday to open the country’s movie distribution sector to foreign investors.

“Right now the movie sector is still on negative [investment] lists, so US companies can’t invest,” Marciel said on the sidelines of an Idul Fitri gathering at the house of Hatta Rajasa, the coordinating minister for the economy.

“That’s one of the things the industry and we are talking about [with the government]. We hope that it will be more open to investment.”

Top film studios in the United States, which boycotted the Indonesian market in February because of a dispute over royalties, have an incentive to consider investing again in Indonesia.


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Via The Jakarta Globe

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