Proceedings of the First International Conference on Technology Management and Tourism, ICTMT, 19 August, Kuala Lumpur, Malaysia

Research Article

Legal Protection For Foreign Investors In Tourism Sector Of Karangasem Regency

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  • @INPROCEEDINGS{10.4108/eai.19-8-2019.2293763,
        author={I Made Arjaya and Ida Bagus Anggapurana Pidada},
        title={Legal Protection For Foreign Investors In Tourism Sector Of Karangasem Regency},
        proceedings={Proceedings of the First International Conference on Technology Management and Tourism, ICTMT, 19 August, Kuala Lumpur, Malaysia},
        publisher={EAI},
        proceedings_a={ICTMT},
        year={2020},
        month={5},
        keywords={legal protection foreign investors investment tourism sector},
        doi={10.4108/eai.19-8-2019.2293763}
    }
    
  • I Made Arjaya
    Ida Bagus Anggapurana Pidada
    Year: 2020
    Legal Protection For Foreign Investors In Tourism Sector Of Karangasem Regency
    ICTMT
    EAI
    DOI: 10.4108/eai.19-8-2019.2293763
I Made Arjaya1,*, Ida Bagus Anggapurana Pidada1
  • 1: Universitas Warmadewa, Denpasar
*Contact email: info@warmadewa.ac.id

Abstract

A tourism sector is a leading sector that provides many benefits for the community, especially to the Balinese. The Tourism Sector which is supported by cultural elements of the Balinese is a strong attraction for tourists to visit Bali. The high number of tourists has caused the tourism sector to have a strong attraction for investors to invest in Bali, including in Karangasem Regency. Thus, the aim of this study was to describe the effectiveness of the implementation of foreign capital protection in Karangasem Regency. The type of this study is juridical-empirical legal study. The approaches used in this study are the case approach, the statute approach, and the fact approach. The data sources used are primary data and secondary data. In increasing protection for investment in Karangasem Regency, local governments have implemented regulation that are in accordance with international and national legal frameworks. As for its implementation in Karangasem Regency, it still has various obstacles, but the Karangasem Regency government has carried out various strategies in overcoming these obstacles. In addition, the role of local communities is also very influential in encouraging the increased of foreign investment and providing protection for businesses development carried out by foreign investors.