Rempang Eco City Development Project: Between Investment And Authoritarian Capitalism

Putri, Dinda Silviana and Arsalan, Haikal and Novilia, Nerisha and Elyo, Bertrand (2024) Rempang Eco City Development Project: Between Investment And Authoritarian Capitalism. In: Proceeding 1st International Conference On Law, Business, And Good Governance 2024, Opportunities and Challenges toward Sustainable Development (1st ICLBGG-2024), 26 - 27 July 2024, Universitas Atma Jaya Yogyakarta.

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Abstract

Investment plays an important role to improve the economy and development of a country. Therefore, in formulating investment policies, the state should not violate the values contained in Pancasila, the 1945 Constitution of the Republic of Indonesia, or the main functions of the state. However, in practice, investment policies often only benefit certain parties, as seen in the development of the Rempang Eco City area in Batam, as one of the National Strategic Projects (PSN). In this project, maladministration and human rights violations against the indigenous people of Rempang Island have been found according to the investigation done by the ombudsman, WALHI, and National Human Rights Commission. Highlighting this investment policy, the theory of Authoritarian Capitalism is known, which describes the state's actions in supporting capitalism and ignoring the principles of the rule of law, as is the case in this project. This study is formulated as normative legal research, using a statutory approach and a conceptual approach. The results of this study indicate that the Rempang Eco City Development Investment Project can be concluded as a form of Authoritarian Capitalism, this is due to the many human rights violations and maladministration carried out by the government. Hence, legal protection is needed for affected communities by considering aspects of customs and the welfare of the surrounding community, not just based on providing compensation and relocation.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Investment Policy; Authoritarian Capitalism; National Strategic Projects; Legal Protection
Subjects: K Law > K Law (General)
Depositing User: DINDA SILVIANA PUTRI
Date Deposited: 20 Feb 2025 03:32
Last Modified: 20 Feb 2025 03:32
URI: http://repository.ubaya.ac.id/id/eprint/48033

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