DAMPAK PENANAMAN MODAL DALAM KONTEKS OTONOMI DAERAH JAWA TIMUR Oleh Made Warke

Capital cultivation in the developing countries, having very important role for the management of national development. By expanding it incoming investor inculcate its capital, in all sector becoming investor opportunity for the invesment of as according to needs. Refering to this role of local government and central government do not desist the promotion it self, that East Java make the useful and correct place berivestasi. increase of capital Cultivation which not signifikan, is not made to break the spirit, but remain to improve the service primaly, its meaning government do not only claimed the make-up of Original domestic product (PAD) but giving worthwhile incentive form for investor, so that investor interested for the invesment of chronically.

Realizing its important capital cultivation for national development, commencing from 10 January 1967, Indonesia for its policy is capital cultivation (investment) affirmed gone into effectly by Invite the Undang Undang Nomor 1 Tahun 1967 L.N. 1967 Nomor 1, TLN-2818 altered and added with the Invitor Invite the Undang Undang Nomor 11 Tahun 1970 L.N. 1970 Nomor 46 TLN. 2943 about Invitor Invite The Foreign Capital Cultivation (UUPMA) and Invite the Undang Undang Nomor 6 Tahun 1968  L.N. 1968 Nomor 33, TLN 2853 altered and added by Undang-Undang Nomor 12 tahun 1970 L.N. 1970 Nomor 47, TLN, 2944, about Invitor Invite The Capital Cultivation In Country/UUPMDN). Intend the the law give the broader scope, also used as base yuridis for habit of capital cultivation in Indonesia, goodness by Government in taking policy, and also by perpetrator of invesment activity. Matter of equal also happened and affect in capital cultivation in Area Autonomy East Java.