Juridical Study Regarding the Function of Land for Investment Interests in the Region
DOI:
https://doi.org/10.38035/jlph.v4i5.522Keywords:
Functions of Land, Investment in the Region.Abstract
Apart from being used for personal and group interests, land also has an important role as an investment. The aim of this research is to find out accurately and clearly how land is allocated and used for investment purposes in the region, as well as to find the best solution to problems related to the function of land as an investment vehicle according to regional conditions. Normative research focuses on the principles and level of legal synchronization of the application of land law and various regulations in the field of investment law. Normative research, also known as library research, uses secondary data from primary, secondary, and tertiary legal materials. The results of the research show that there is no specific law that regulates investment in the region, so that customary rights to land designated and used are interpreted differently, and disputes often occur regarding the boundaries of customary land that is used as the main means (object) of investment in a region. area. Therefore, based on the principle of regional autonomy, regional governments must immediately make regional regulations regarding investment that are in accordance with local conditions and the interests of indigenous communities in owning their customary land.
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