Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector
This article is written to analyze the legal uncertainties found in the positive regulation related to the foreign ownership limitation in the construction services sector. In 2020, the Indonesian government issued the Job Creation Law which changed several laws and regulations including the Invest...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Magister Hukum Universitas Semarang
2023-05-01
|
| Series: | Jurnal USM Law Review |
| Subjects: | |
| Online Access: | https://journals.usm.ac.id/index.php/julr/article/view/6106 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850258627516956672 |
|---|---|
| author | Aisyah Jasmine Yogaswara |
| author_facet | Aisyah Jasmine Yogaswara |
| author_sort | Aisyah Jasmine Yogaswara |
| collection | DOAJ |
| description |
This article is written to analyze the legal uncertainties found in the positive regulation related to the foreign ownership limitation in the construction services sector. In 2020, the Indonesian government issued the Job Creation Law which changed several laws and regulations including the Investment Law. According to the amended Investment Law, provisions regarding investment requirements are further regulated in a Presidential Regulation, in this case Perpres 10/2021 and Perpres 49/2021. However, both regulations do not stipulate any foreign ownership limitation in the construction services sector and the foreign ownership limitation regulated under other regulations instead. The most suitable method for this research is the normative juridical method, which is therefore used in this article. Until the writing of this article, there has been no research that examines the same subject matter, so the authors assess the importance of conducting this research. After this research was performed, it was found that legal uncertainty regarding restrictions on foreign shares in the construction services sector was found in the appendix of PP 5/2021 with the foreign ownership limitation for ASEAN BUJKA of 70% and Non-ASEAN BUJKA of 67%.
|
| format | Article |
| id | doaj-art-61c58cb9a4e044d6bef4e77035bae6da |
| institution | OA Journals |
| issn | 2621-4105 |
| language | English |
| publishDate | 2023-05-01 |
| publisher | Magister Hukum Universitas Semarang |
| record_format | Article |
| series | Jurnal USM Law Review |
| spelling | doaj-art-61c58cb9a4e044d6bef4e77035bae6da2025-08-20T01:56:05ZengMagister Hukum Universitas SemarangJurnal USM Law Review2621-41052023-05-016110.26623/julr.v6i1.6106Legal Uncertainty Of Foreign Share Ownership In The Construction Services SectorAisyah Jasmine Yogaswara0Universitas Indonesia This article is written to analyze the legal uncertainties found in the positive regulation related to the foreign ownership limitation in the construction services sector. In 2020, the Indonesian government issued the Job Creation Law which changed several laws and regulations including the Investment Law. According to the amended Investment Law, provisions regarding investment requirements are further regulated in a Presidential Regulation, in this case Perpres 10/2021 and Perpres 49/2021. However, both regulations do not stipulate any foreign ownership limitation in the construction services sector and the foreign ownership limitation regulated under other regulations instead. The most suitable method for this research is the normative juridical method, which is therefore used in this article. Until the writing of this article, there has been no research that examines the same subject matter, so the authors assess the importance of conducting this research. After this research was performed, it was found that legal uncertainty regarding restrictions on foreign shares in the construction services sector was found in the appendix of PP 5/2021 with the foreign ownership limitation for ASEAN BUJKA of 70% and Non-ASEAN BUJKA of 67%. https://journals.usm.ac.id/index.php/julr/article/view/6106Foreign InvestmentLegal UncertaintyNegative Investment List |
| spellingShingle | Aisyah Jasmine Yogaswara Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector Jurnal USM Law Review Foreign Investment Legal Uncertainty Negative Investment List |
| title | Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector |
| title_full | Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector |
| title_fullStr | Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector |
| title_full_unstemmed | Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector |
| title_short | Legal Uncertainty Of Foreign Share Ownership In The Construction Services Sector |
| title_sort | legal uncertainty of foreign share ownership in the construction services sector |
| topic | Foreign Investment Legal Uncertainty Negative Investment List |
| url | https://journals.usm.ac.id/index.php/julr/article/view/6106 |
| work_keys_str_mv | AT aisyahjasmineyogaswara legaluncertaintyofforeignshareownershipintheconstructionservicessector |