The Relationship between Land Law, Investment and Environment Post Job Creation Law

I Made Pria Dharsana () and Indrasari Kresnadjaja ()
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I Made Pria Dharsana: Facuty of Law, Warmadewa University, Bali, Indonesia
Indrasari Kresnadjaja: Notary in South Jakarta, Indonesia

International Investment Law Journal, 2023, vol. 3, issue 1, 29-40

Abstract: The purpose of this research is to find out the relationship between land law, investment and the environment after the existence of the Job Creation Law. The research method used is a normative research method, using a statutory approach related to issues of land law, investment and sustainable environment after Law Number 11 of 2020 concerning Job Creation. The data sources used are primary and secondary data. Data collection through library research and research, then analyzed qualitatively. The results of the study show that Indonesia is a country that asserts itself as an agricultural country that places land in a very important position. This is expressly stated in Article 33 paragraph (3) of the 1945 Constitution of the Republic of Indonesia which is spelled out in Law no. 5 of 1960 (UUPA) concerning Basic Agrarian Regulations. The BAL does not provide a clear definition of land law, but legal experts (land) agree to provide an understanding of the meaning of law, namely land law is the field of law that regulates land tenure rights. Land law has a very close relationship with environmental law. In investing, investors are required to maintain environmental sustainability in Indonesia. Every investor, especially foreign investors, is given the right to use land rights in Indonesia, including building use rights (HGB), business use rights (HGU) and usage rights (HP). The Constitutional Court's ruling, especially regarding land clusters, suggests that several land policies should be suspended in the hope that the government will immediately improve the Job Creation Law (Law Number 11 of 2020). The Job Creation Law has a very broad impact on various sectors such as research and innovation, land, government administration and the environment, the agricultural mand forestry sectors are no exception.

Keywords: land law; international investment; and job creation law. (search for similar items in EconPapers)
JEL-codes: K22 K32 (search for similar items in EconPapers)
Date: 2023
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