KEPASTIAN HUKUM PENANAMAN MODAL PADA KAWASAN INDUSTRI DI PROVINSI RIAU
Abstract
Investment plays an important role in increasing regional economic growth, especially in industrial areas in Riau Province. Legal certainty is a major factor influencing investors’ interest in investing because it relates to legal protection, licensing convenience, and guarantees for business activities. This study aims to determine the forms of legal certainty for investment in industrial areas in Riau Province and the obstacles in its implementation. The research method used is normative legal research with statutory and conceptual approaches. The results show that legal certainty for investment in Riau Province is regulated through Law Number 25 of 2007 concerning Investment, the Job Creation Law, and Regional Regulation of Riau Province Number 7 of 2018 concerning Investment in Riau Province. The regional government also provides incentives and investment facilities to increase the attractiveness of industrial areas. However, there are still obstacles in implementation, such as overlapping regulations, licensing issues, and supervision of industrial areas. Therefore, harmonization of regulations and improvement of investment services are necessary to create optimal legal certainty for investors.
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