Arrangement of Foreign Capital Investment in Industrial Development Based on Social Capital

DOI

10.2991/aebmr.k.200513.100How to use a DOI?

Keywords

investment, foreign capital, social capital

Abstract

Indonesia is a developing country that strives to realize social welfare with justice. Investment is a means used in realizing social welfare with justice. This study aims to determine foreign capital investment arrangements in Indonesia. The problems in this study are (1) Why does foreign capital investment in the industrial sector in Indonesia not involve the participation of the lockal community? (2) What are the arrangements for foreign capital investment in the development of social capital-based industries? The method of approach uses socio-legal juridical approach to the legislation and case approach, the Law approach and the comparison of laws in various countries. Research results show that foreign investment in Indonesia is often rejected by the community, besides that foreign investment does not involve community participation because the surrounding community must be given knowledge to improve human resources, Foreign Capital Investment Arrangements are regulated in Law Number 25 Year 2007 concerning Investment, besides Article 15 letter d regulates the social responsibility of the corporation from the investor.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Budi Purnomo
PY  - 2020
DA  - 2020/05/20
TI  - Arrangement of Foreign Capital Investment in Industrial Development Based on Social Capital
BT  - Proceedings of the International Conference on Law, Economics and Health (ICLEH 2020)
PB  - Atlantis Press
SP  - 515
EP  - 521
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200513.100
DO  - 10.2991/aebmr.k.200513.100
ID  - Purnomo2020
ER  -