Development of Investment Laws in Improving Indonesia Capital Investments

Abstract

Foreign investment has decisive role, given that developed countries still need capital, let alone a developing countries need it more.

District and city governments throughout Indonesia, explore the potential of their respective regions in order to carry out promotions, so that they will be able to attract in investment.

Following up on this eagerness, the District/City Government each issues a Regional Regulation (called Perda), in order to increase Local Income (PAD), regardless of the interests of the community and other impacts,

Target to increase PAD is the people and investors in general at the authority of the District / City, finally competing to issue regional regulations (Perda) without taking into account other aspects, which could hinder investment in their respective regions. Among others, regional regulations regarding parking fees, street lighting fees and licensing in the industrial trade and investment sectors.

Keywords: Investment Law Development, Improvement of Capital Investment

DOI: 10.7176/JLPG/85-25

Publication date:May 31^st 2019