Potential Investment Analysis: A Case Study at Kotabaru Regency,Province of South Kalimantan, Indonesia

Hairudinor, Abdul Halim Barkatullah, Setio Utomo and Jirhanuddin
Additional contact information
Hairudinor: Faculty of Political Science and Social Sciences, Universty of Lambung Mangkurat,Banjarmasin, Indonesia
Abdul Halim Barkatullah: Faculty of Law, University of Lambung Mangkurat, Banjarmasin, Indonesia
Setio Utomo: Faculty of Political Science and Social Sciences, Universty of Lambung Mangkurat,Banjarmasin, Indonesia
Jirhanuddin: Graduate Program, IAIN Palangka Raya, Palangkaraya, Indonesia

International Journal of Business and Economic Affairs (IJBEA), 2017, vol. 2, issue 5, 276-287

Abstract: Investment is not only important for economic growth, but also for developing existing potentials. Theright direction investment will eventually determine performance developments in line with expected result. In correlationwith economy politics in democratic climate as stated in Act UU no. 25 year 2007 regarding capital investment, activitiesof capital investment are directed to support populist economy that empowers micro, small and medium businessesand cooperative. Investment is an important instrument for trac of capital from domestic or abroad to be investedin the potential sectors to enhance economic activity. As another impact of investment is not only enhancing economy,but also absorbing men power which will suppress unemployment number. Foreign capital brought by investors is animportant thing as an instrument to integrate global economy. In addition, investment activities will gain positiveimpact for countries who receive capital such as encourage business growth, technological supply from investors either inproduction process or machinery, and create employment (Ridgway & Talib, 2002; Soepono, 1993). Since the economiccrisis, Indonesian Law system has beem incapable of creating predictability, stability and fairness. It can be seenfrom Indonesian Act which is not synced to law enforcement which supports investment climate and weaknesses inculture quality (Supardi, 2008; Syahyu, 2003). The method used in the research was survey method, with sample takenpurposively. Data were obtained through observation, interview, and focus group discussion. Data processing was donewith shift share analysis and Location Quotient (LQ). The results showed development plans in Kotabaru Regency shoulddevelop sectors which have competitive advantage to support local economy and contribute to Gross Regional DomesticProduct (GRDP). Therefore, the result will have good point for consideration. The sectors are agriculture, plantation, shery, livestock, forestry, tourism, health, mining and energy.

Keywords: Investment; Economic growth; Existing potentials (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ijbea.com/ojs/index.php/ijbea/article/view/87 (application/pdf)
https://ijbea.com/ojs/index.php/ijbea/article/view/87/76 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aya:ijbeaa:2017:p:276-287

DOI: 10.24088/IJBEA-2017-25002

Access Statistics for this article

International Journal of Business and Economic Affairs (IJBEA) is currently edited by Sana N. Maswadeh

More articles in International Journal of Business and Economic Affairs (IJBEA) from Sana N. Maswadeh H # 15, Street # 9, Margalla view Housing Society, D-17, Islamabad.
Bibliographic data for series maintained by Sana N. Maswadeh ().