Developing an Indonesian Regulatory Framework in the Face of SEZs 5.0

Main Article Content

Rufinus Hotmaulana Hutauruk
David Tan
Ampuan Situmeang
Hari Sutra Disemadi

Abstract

Numerous emerging economies have embraced Special Economic Zones (SEZs) as more than just an instrument for policymaking to encourage growth and industrial development. Today’s “SEZ 5.0,” which is based on novel digital inventions offers a gateway to economic progression. This research utilizes the normative juridical method and secondary data based on library research. This research is novel in the way that it illuminates the numerous key lessons from effective SEZ practices, such as: geographical advantage, interoperability of zone strategic plan with the overarching development plan, acknowledging the context of the industry, and harnessing comparative advantage, as well as, making sure that SEZs are “special” in contexts of a business-friendly atmosphere supported by a sound statutory and regulatory model, along with the articulation of sustainable practices and adaptability towards the volatility of the market. This research recommends key policy lessons for the Indonesian SEZ governance.

Article Details

How to Cite
Hutauruk, R. H., Tan, D., Situmeang, A., & Disemadi, H. S. (2023). Developing an Indonesian Regulatory Framework in the Face of SEZs 5.0. Journal of Indonesian Legal Studies, 8(2), 453-500. https://doi.org/10.15294/jils.v8i2.67623
Section
Research Articles
Author Biographies

Rufinus Hotmaulana Hutauruk, Faculty of Law, Universitas Internasional Batam

Dr. Rufinus Hotmaulana Hutauruk, S.H., M.M., M.H. is an assistant professor of law at Universitas Internasional Batam. He graduated his law school from Universitas Indonesia. He then pursue master of management degree from Universitas Krisnadwipayana and master of law from Universitas Padjadjaran. His doctoral degree has been obtained from Universitas Padjadjaran. He has been working in  the field of business law. [SINTA ID: 6664791; email: [email protected]].

David Tan, School of Law, King's College London

David Tan, S.H., M.H., M.Kn., M.M. is an assistant professor of law at Universitas Internasional Batam. His research interest and focus is on civil law, business law, and the interaction between law and technology. He earned his undergraduate law degree from Universitas Internasional Batam. Currently, he is currently on sabbatical in pursue of research and higher studies at the Dickson Poon School of Law, King’s College London [Scopus ID: 57810244000; SINTA ID: 6711000; email: [email protected]].

Ampuan Situmeang, Faculty of Law, Universitas Internasional Batam

Dr. Ampuan Situmeang, S.H., M.H. is a lecturer of law at Universitas Internasional Batam, who actively writes about state administrative law and state administration in relation to business activities. He graduated his law school, master, and doctoral studies from Universitas Krisnadwipayana [SINTA ID: 6664745; email: [email protected]].

Hari Sutra Disemadi, Faculty of Law, Universitas Internasional Batam

Hari Sutra Disemadi, S.H., M.H. is an assistant professor of law at Universitas Internasional Batam. Currently, he serves as the Head of the Undergraduate Law Program at the Faculty of Law, Universitas Internasional Batam. His research interest and focus is on intellectual property right, law and technology, and business law. He graduated his law school from Universitas Muhammadiyah Luwuk Banggai and master studies from Universitas Diponegoro. [SINTA ID: 6697971; email: [email protected]]

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