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Presidential regulation No.44 of 2016: to conditions of capital and fisheries investement and sustainability of resources in Archipelagic State
MIra, Tiikirino Kurniawan, dan BUdi Wardono

Balai Besar Riset Sosial Ekonomi Kelautan dan Perikanan


Abstract

the purpose of this study is to review the Presidential Regulation (Perpres) Number 44 of 2016 to the condition of capital and investment in fisheries and Sustainability of Resources in Archipelagic state. Presidential Regulation No.44 of 2016 regulates the business fields that are closed and open to foreign investment in Indonesia. The methodology used in this research is the plot fit curve of investment model and fisheries capital trends. First, the fisheries investment trends in the form of linear equations, logarithms, squares, and exponentials, the curve is fluctuated and dominated by foreign investment. Second, in the fisheries capital trends, in the form of linear equations, logarithms, squares, and exponentials are cyclic, related to the economic age of the ship or the engine of the ship used. Third, capture fisheries and aquaculture productions tend to increase, while fishery processing productions tend to decrease. To overcome this problem, in appendix 3 of the Perpres, it is explained that capture fisheries business must not be from foreign investment. Foreign investment directed to be implemented in aquaculture, especially for the fish processing industry. These can be done by sustainable fisheries management, empowering local communities, and increasing adding value to the fishery products. For example, since the foreign vessels banned from operating, small bitung fishermen, they could catch 3-6 tunas per day in 2019. In 2014, They had only been caught 1-3 tuna per day.

Keywords: Investment, Capital, Regulation, Sustainability, Resources

Topic: Marine and Fisheries Socio - Economics and Culture (International)

Plain Format | Corresponding Author (Mira Mira)

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