LAW OF THE REPUBLIC OF INDONESIA NUMBER 25 OF 2007 CONCERNING INVESTMENTS BY THE GRACE OF GOD ALMIGHTY PRESIDEN REPUBLIK INDONESIA, THE PRESIDENT OFTHE REPUBLIC OF INDONESIA
Considering:
a. that to realize a just and prosperous society that is based on Pancasila and the 1945 Constitution
of the State of the Republic of Indonesia, it is necessary to make sustainable national economic development founded on economic democracy in pursuit of the state’s goals;
a. that to realize a just and prosperous society that is based on Pancasila and the 1945 Constitution
of the State of the Republic of Indonesia, it is necessary to make sustainable national economic development founded on economic democracy in pursuit of the state’s goals;
b. that consistent with the mandate seth forth in Decree of the People’s Consultative Assembly of the Republic of Indonesia Number XVI/MPR/1998 concerning Economic Policy in the context of Economic Democracy, investment policies should at all times underlay the people’s economy that commits itself to the enhancement of micro, small and medium enterprises, and cooperatives;
c. that to accelerate national economic development and to realize Indonesian political and economic sovereignty it is necessary to step up investments in order to turn economic potentials into real economic strength by use of funds derived from both home and abroad;
d. that to deal with global economic changes and Indonesia’s participation in diverse international cooperations it is necessary to create investment climate to be conducive, promoting, giving legal certainty, justice and efficiency with due regard to the interest of national economy Read More
