Law Research Review Quarterly
Vol 1 No 2 (2015): L. Research Rev. Q. (May 2015) "Legal Aspects in ASEAN Economic Community Part II

Foreign Investment in Sustainable Management of Natural Resources in Indonesia

Silalahi, Kristianto P.H. (Unknown)



Article Info

Publish Date
31 May 2015

Abstract

Article 33 paragraph 3 of the 1945 Constitution confirms that the earth, water and natural resources contained therein are controlled by the state and used as much as possible for the prosperity of the people. Therefore, the management of natural resources that control the lives of many people must be managed properly in order to provide optimal benefits for the people of Indonesia. The 1945 Constitution has never banned foreign investment in the management of natural resources in Indonesia and even foreign investment has significantly contributed to boosting the nation's economy. The urge to optimize local potential faced with the demands of opening up in the era of globalization needs to be well regulated so that the presence of multinational companies in the management of natural resources in Indonesia remains effective in providing the greatest prosperity of the people.

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Journal Info

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snh

Publisher

Subject

Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The Law Research Review Quarterly is intended to be a national and international journal that provides a forum and forum for academics, legal practitioners, legal observers, students, researchers and the general public who have an interest in the field of legal science. This journal covers all ...