Corrigendum to "Comparison of Indonesian and Malaysian Investment Laws Following Omnibus Legislation" [Yustisia 14 (2025) 1-22]

Sudiyana Sudiyana, Mohd Zamre Mohd Zahir

Abstract

The investment climate of Indonesia remains affected by regional regulatory overlaps, land disputes, and complex licensing despite the enactment of the Job Creation or Omnibus Law. Therefore, this study aimed to evaluate the post-Omnibus Law regime through a comparative legal analysis with the investment framework of Malaysia. Structural barriers to investment were examined through normative legal study grounded in progressive theory and incorporating statutory, conceptual, and comparative approaches, with particular attention to two contrasting regulatory paradigms. The results showed that while Indonesia centralized authority and implemented risk-based licensing to streamline procedures, this model frequently conflicted with regional legal realities, such as Aceh's Qanun and Yogyakarta's land restrictions. In contrast, Malaysia operated a decentralized, sector-specific model governed by specialized industry authorities without an overarching single investment statute. An extensive Omnibus legislative approach is insufficient since progressive investment policy must balance centralized administrative efficiency with regional legal certainty to achieve equitable welfare

Keywords

Foreign Investment; Job Creation; Legal Policy; Omnibus Law

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DOI: https://doi.org/10.20961/yustisia.v15i2.86104

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