Journal of Environmental and Development Studies
Vol. 6 No. 01 (2025): Journal of Environmental and Development Studies

Accelerating Hydropower Investment for Economic Growth in North Tapanuli, Indonesia

Nababan, Charloq (Unknown)
Julifer, Jonner (Unknown)
Revida, Erika (Unknown)



Article Info

Publish Date
21 Apr 2025

Abstract

TThis study aims to analyze the influence of infrastructure availability, human resources, tax incentives, political stability, and the investment climate on accelerating investment in the renewable energy sector—specifically hydropower—and regional economic development in North Tapanuli Regency. The study involved a saturated sample of 308 respondents: hydropower investors from 23 project sites, government officials, and local communities. Data analysis was conducted using both descriptive and quantitative methods. The findings reveal that infrastructure availability, human resources, tax incentives, political stability, and the investment climate all significantly influence the acceleration of investment in the renewable energy sector (hydropower) and regional economic development, both partially and simultaneously, in North Tapanuli. Human resources and political stability have the most substantial impact on these variables. High-quality human resources contribute to productivity and innovation, attracting investors, while political stability creates an optimal environment for investment—both critical for regional economic growth. This research serves as a vital foundation for creating a conducive investment climate, accelerating regional economic development, and fostering sustainable opportunities for future economic growth.

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Journal Info

Abbrev

jeds

Publisher

Subject

Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Environmental Science Social Sciences

Description

Aim of the Journal: The aims of this journal are to provide a place for graduate students, academicians, researchers, and practitioners to interchange and publish the original research or review articles related to the domain of environmental and development studies. Scope of the Journal: 1. ...