Green Foreign Direct Investment for Indonesia and Malaysia

Abstract

The Sustainable Development Goals 2030 (SDGs) were adopted by the UN General Assembly in 2015 and made public as a global call to action. The potential for green foreign direct investment (FDI) to significantly enhance sustainable development is enormous. Through the high-quality jobs it generates and the development of human capital, which further enhances living standards, it is essential for enhancing growth and innovation. This article will provide a brief overview of foreign direct investment law in Indonesia and Malaysia. As both nations are significant players in the ASEAN and global communities, investment policy should be a top priority for their governments. Comprehensive investment law must be established to meet the needs of the domestic and international business environments that require capital investment, promote economic growth, and create long-term economic stability for the people of Indonesia and Malaysia. This article offers recommendations for the growth of foreign direct investment in Indonesia and Malaysia and is also anticipated to be useful information.