Investment Application Model in the Sentani Lake Management to Improve the Community Economy of Customary Rights Holders

Abstract

The purpose of this study is to determine the conditions of investment in the management of customary rights in utilizing the potential of the Sentani Lake; and also to find a role model for equitable investment application in the Sentani Lake management to improve the community economy of customary rights holders. The research method was empirical and normative juridical to see management and utilization of the Sentani Lak, as well as the role model for equitable investment application in the Sentani Lake management. Those data obtained will be analysed systematically to obtain a comprehensive description of the problems in order to obtain results in accordance with the objectives of this study. The results of this study address that the conditions of investment in the management of customary rights in utilizing the potential of the Sentani Lake have not been running optimally because many community rights holders sell their customary rights of the edge of the lake in various rates. Indeed, this is detrimental to the community in the long term; There has been no technology transfer from investors to the community in terms of providing the role model for equitable investment application in the Sentani Lake management. The models in the management of Sentani Lake should be made in one District regulation that govern the cooperation process, the making cooperation contracts, maximum and minimum limits on rental prices, prohibitions on selling customary rights, and the process of technology transfer in the use of the Sentani Lake.

Keywords : Investment model, the Sentani Lake management, the Community Customary Rights Holders

DOI: 10.7176/JLPG/90-16

Publication date:October 31^st 2019