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JAKARTA, KOMPASTV – Indef economist Bhima Yudistira assessed that the Omnibus Law did not create an investment climate in Indonesia.
According to Bhima, investors will be interested in investing in countries that already have clear regulations on the protection of labor rights and the protection of the environment.
“You will see how the country has good regulations related to environmental protection and labor protection,” Bhima said.
Also read: The government is ready to face the revision of material of the job creation law in the Constitutional Court
He added that investors want to review this regulation first, whether the law will benefit or harm them.
According to Bhima, many of their rights have been reduced or even eliminated, potentially damaging the environment and workers in the long run.
In a way, this will affect investors’ intention to invest.
“Investors will see this copyrighted work in the Omnibus Law, in addition to inviting controversies, inviting strikes by workers, investors will see how many government / ministerial / regional regulations will be changed, this means that it will create legal insecurity,” he said. .
“(Omnibus Law) creates negative perceptions of investors and there will also be delays in investment decisions. Because investors will see in the Omnibus Law that the copyright of this work, in addition to inviting controversy, invites workers to strike ”He added.
