Design for strengthening and optimizing business investment policies in the Indonesian palm oil plantation sector

Purpose: The purpose of the study is to find a design for strengthening and optimizing business investment policies in the Indonesian palm oil plantation sector. Design/methodology/approach: This study uses a normative legal research approach with a written legal approach that examines the formulation of laws in reality and palm oil investment policies. Content analysis of legal materials and policies on palm oil is used to analyze data and answer the formulation of the proposed research problems. Findings: Palm oil business actors in Indonesia still face several obstacles and challenges that require serious efforts to resolve. These challenges and obstacles include fulfilling land legality, international policies that are increasingly burdensome for palm oil business actors, and the discovery of scattered and overlapping palm oil policies caused by sectoral egos across ministries and institutions. These challenges lead to uncertainty in licensing and result in an unconducive investment climate. Research limitations/implications: Limitations in data availability require further research on optimizing investment policies in the Indonesian palm oil sector in a sustainable manner. Originality/value: The novelty of the study is to find the crucial patterns for solving problems in the palm oil plantation sector to produce business investment policies that have long-term impacts. This study solves the problems of the palm oil industry from upstream to downstream through policy harmonization and the establishment of the Indonesian Palm Oil Authority Board.