Sustainable Palm Oil Investment Climate in Indonesia: Foreign and Domestic Promotion by the Local Government

Yuslaini, Nina and Andriyus, Andriyus and Febriyanti, Doris and Wicaksono, Agung (2024) Sustainable Palm Oil Investment Climate in Indonesia: Foreign and Domestic Promotion by the Local Government. Journal of Contemporary Governance and Public Policy, 5 (1). pp. 71-86. ISSN 2722-3973

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Abstract

This paper focuses on foreign and domestic palm oil investment promotion strategies inDumai, Indonesia, to assess the sustainable development investment climate. Exploratory qualitative research is conducted with a case study to examine the foreign and domestic oil palm investment climate. The researchers employed NVivo 12 Plussoftware and the Biblioshiny application to collect, analyse and visualise bibliometricdata. The research indicates that the Dumai government has pursued a strategy tostabilise the foreign and domestic palm oil investment climate by conducting promotions abroad and domestically. The conclusions show that the oil palm investment climate has been unable to positively contribute to economic, social and environmentalgrowth in sustainable development in Dumai. Positive impacts of oil palm investmentinclude offering livelihoods, creating new jobs and increasing local revenue. This research aids the government of Dumai in improving the global palm oil sustainabledevelopment investment climate.

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