The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation
This study aims to identify, locate, and analyze constitutional issues regarding the impact of foreign capital ownership above 50% (fifty percent) in government-business cooperation projects, particularly in the area of public interest projects involving air transportation infrastructure. This norma...
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| Format: | Article |
| Language: | English |
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Faculty of Law, Universitas Sebelas Maret, Surakarta
2024-07-01
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| Series: | Bestuur |
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| Online Access: | https://jurnal.uns.ac.id/bestuur/article/view/79217 |
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| author | I Dewa Gede Palguna Anak Agung Gede Duwira Hadi Santosa Made Cinthya Puspita Shara Alia Yofira Karunian |
| author_facet | I Dewa Gede Palguna Anak Agung Gede Duwira Hadi Santosa Made Cinthya Puspita Shara Alia Yofira Karunian |
| author_sort | I Dewa Gede Palguna |
| collection | DOAJ |
| description | This study aims to identify, locate, and analyze constitutional issues regarding the impact of foreign capital ownership above 50% (fifty percent) in government-business cooperation projects, particularly in the area of public interest projects involving air transportation infrastructure. This normative research examines legal texts, mainly primary and secondary legal materials. This research found that, first, the changes in the Presidential Regulation regarding foreign investment in the field of public interest, such as airport services, were incompatible with the Constitution. The changes abolished the maximum percentage limit of foreign investment regulated in the previous provisions so that currently, foreign investment may carry out Government Cooperation with Business Entities on air transportation infrastructure projects without a percentage limit. Second, based on the Indonesian Constitution, ownership of air transportation should be under the state's authority, learning from China, which excessively applies foreign investors in the air transportation sector, causing consumer welfare to be affected by very high airplane ticket prices. |
| format | Article |
| id | doaj-art-fdb147bd6513455f954dca4ef7631204 |
| institution | Kabale University |
| issn | 2302-3783 2722-4708 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | Faculty of Law, Universitas Sebelas Maret, Surakarta |
| record_format | Article |
| series | Bestuur |
| spelling | doaj-art-fdb147bd6513455f954dca4ef76312042025-01-20T12:13:42ZengFaculty of Law, Universitas Sebelas Maret, SurakartaBestuur2302-37832722-47082024-07-0112112210.20961/bestuur.v12i1.7921742399The Regulation Impact of Foreign Ownership on the Cooperation Projects Air TransportationI Dewa Gede Palguna0Anak Agung Gede Duwira Hadi Santosa1Made Cinthya Puspita Shara2Alia Yofira Karunian3Faculty of Law, Universitas Udayana, DenpasarFaculty of Law, Universitas Udayana, DenpasarFaculty of Law, Universitas Udayana, DenpasarFaculty of Law, University of Eidenburgh, EdinburghThis study aims to identify, locate, and analyze constitutional issues regarding the impact of foreign capital ownership above 50% (fifty percent) in government-business cooperation projects, particularly in the area of public interest projects involving air transportation infrastructure. This normative research examines legal texts, mainly primary and secondary legal materials. This research found that, first, the changes in the Presidential Regulation regarding foreign investment in the field of public interest, such as airport services, were incompatible with the Constitution. The changes abolished the maximum percentage limit of foreign investment regulated in the previous provisions so that currently, foreign investment may carry out Government Cooperation with Business Entities on air transportation infrastructure projects without a percentage limit. Second, based on the Indonesian Constitution, ownership of air transportation should be under the state's authority, learning from China, which excessively applies foreign investors in the air transportation sector, causing consumer welfare to be affected by very high airplane ticket prices.https://jurnal.uns.ac.id/bestuur/article/view/79217constitutionalforeigninvestmentpublic interest |
| spellingShingle | I Dewa Gede Palguna Anak Agung Gede Duwira Hadi Santosa Made Cinthya Puspita Shara Alia Yofira Karunian The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation Bestuur constitutional foreign investment public interest |
| title | The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation |
| title_full | The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation |
| title_fullStr | The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation |
| title_full_unstemmed | The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation |
| title_short | The Regulation Impact of Foreign Ownership on the Cooperation Projects Air Transportation |
| title_sort | regulation impact of foreign ownership on the cooperation projects air transportation |
| topic | constitutional foreign investment public interest |
| url | https://jurnal.uns.ac.id/bestuur/article/view/79217 |
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