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| (III) PROMOTED AREAS/SECTORS |
| (1) PROMOTED
FIELDS/SECTORS |
A. The types of economic activities allowed for foreign investment,
as appeared in MIC Notification No. 1/89, are classified into
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.
B. If investment proposals not specified in the above mentioned
list are submitted, they will be considered on a case-by-case
basis by MIC.
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| (2) RESTRICTIONS |
The Economic Enterprises that are to be carried out solely
by the Government (as stated in Section 3 of the State-Owned
Economic Enterprises Law) are as follows:
(a) extraction of teak and sale of the same in the country
and abroad;
(b) cultivation and conservation of forest plantation with
the exception of village-owned fire-wood plantation cultivated
by the villagers for their personal use;
(c) exploration, extraction and sale of petroleum and natural
gas and production of products of the same;
(d) exploration and extraction of pearls, jade and precious
stones and export of the same;
(e) breeding and production of fish and prawns in fisheries
which have been reserved for research by the Government;
(f) Postal and Telecommunications Service;
(g) Air Transport Service and Railway Transport Service;
(h) Banking Service and Insurance Service;
(i) Broadcasting Service and Television Service;
(j) Exploration and extraction of metals and export of the
same;
(k) Electricity Generating Services other than those permitted
by law to private and co-operative electricity generating
services;
(l) Manufacture of products relating to security and defence
which the Government has, from time to time, prescribed by
notification.
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