Investment in Infrastructure: A Comparative Study of the Regulation of Online Single Submission in Indonesia, Canada, and New Zealand

Abstract

The Indonesian Government is attracting foreign investment in infrastructure to support equitable development by simplifying the bureaucratic process for business licensing through Online Single Submission (oss). However, from the oss introduction in 2018, it has not yet transformed Indonesia's investment climate. This paper consists of a normative legal study which uses a statutory, conceptual, and comparative approach with Canada and New Zealand to identify the oss policy disharmony that negatively impacts the investment climate in the Indonesian infrastructure. The results showed a need to reconstruct systems and policies based on the Government Regulation of the Republic of Indonesia Number 24 of 2018 concerning Online Integrated Business Licensing Services and the Law of the Republic of Indonesia Number 11 of 2020 concerning Job Creation to accelerate and increase investment in the era of the fourth industrial revolution.