Legal Observers Value Constitutional Changes Can Influence Investment Interest

Illustration/Photo: PIXABAY

JAKARTA - Legal practitioner Bintang Hidayanto is of the view that constitutional changes in a country can have a negative impact on investors' investment interest, considering that investors need legal certainty. For investors, legal certainty is more needed than a package of economic policies," said Bintang in a statement received in Jakarta, Thursday, March 17. Especially when changes to the constitution were accompanied by various political issues. This creates an unfavorable image for the owners of capital. Furthermore, Bintang also reminded the importance of the democracy index for a country to build a positive image in the eyes of the international community. With a high index of democracy, a perception of ease of doing business and friendliness towards investment will be formed. He said that if Indonesia's democracy index is in a good position, it is believed that it will make the international world feel reluctant. Apart from that, as a large country with diversity in race, language, religion, , and a large area, of course the success of democracy in Indonesia will make Indonesia a center of excellence democracy in the world. "Perceptions of ease of doing business and friendliness of investment are generally directly proportional to the democracy index and the rule of law index (rule of law, ed), where Countries that are ranked at the top in the ease of doing business index are also ranked first in the democracy and rule of law index," he said.

Therefore, he is of the view that it is time for Indonesia to collectively mature in facing the challenges of democracy. Democracy is a learning process that actually shows the world that the Indonesian people are capable and do not give up when facing the challenges of democracy. Bintang said that the challenges of the Indonesian nation today are how to achieve democratic elections that uphold the rule of law. "If we can do this, the world will be more confident in us. If we give up, the world will also give up supporting us," said Bintang.