Indonesia's law enforcement and judiciary systems must move
towards international business standards if the country is to
Speaking at IFLR's Indonesia Forum in Singapore, Lubis,
Santosa & Maulana senior human rights partner T Mulya Lubis
says Indonesia needed to move twice as fast as others or it
risked losing ground in foreign direct investment goals to
other dynamic economies such as India, China, Vietnam and the
Philippines. Investment in infrastructure particularly needed
improvement, he says.
"Although Indonesia posted respectable growth rates during
the global financial crisis, longer-term the country is
becoming less competitive," says Lubis. "Indonesia is running
fast but its competitors are running faster."
The way the country was governed impeded Indonesian growth,
Lubis explains. If Indonesia was to outdo neighboring
economies, the country needed to start paying heed to the
growing demand for a changed legal environment, he says.
Indonesia's judiciary is still perceived by the