Art gallery association supports the addition of limits on foreign ownership in the sector, as stipulated in the revised regulation No.111/-2007, because it will stimulate business in the country. ”The entry of foreigners in the business services sector will actually exciting art gallery business. We have to face competition. If there’s an art gallery owner who refuses, he is afraid tersaingi with the entry of foreign-owned art gallery,” said Erwin Raharjo, Chairman of Indonesian Art Gallery Association.Â
Edwin Raharjo, who is also the owner of Edwins Gallery added that he was disagreed with the vote rejecting the entry of foreign investment in the business of art gallery services. The government plans to extend the limit on foreign ownership in several businesses, one art gallery business through Presidential Regulation No. 111/2007 which includes a negative list of investment (DNI).Â
Presidential Regulation No. 111/2007 states limit foreign ownership in the business of art gallery maximum of 50%, while it mentions pemilikanasing perpres revision can be increased up to 67%. He said the art gallery business services sector in the country although not yet well-ordered seen progress in several major cities, namely Jakarta, Bandung, and Denpasar.Â
He demonstrated the art gallery business services in some countries, like Singapore, China and European countries and America forward precisely because it is open to the participation of foreign art galleries. That, he continued, encouraged stakeholders to structuring and restructuring to improve the quality of business services sector in the country’s art gallery.Â
In America, he said, there are more than 1,000 art galleries, and many of them exhibiting works of art galleries in other countries such as special Japanese wood sculpture, African art gallery, and others. Only, he continued, the government needs to do restriction by limiting the building and land ownership for foreigners lnvestor. ”Better management of the gallery only [to foreigners]. The building and land should not be sold to foreign investors come,” he said.
24 Responses to “Foreign Ownership of Local Art Gallery”
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