Investment Climate Development Strategy for North Maluku Economic Growth

Authors

  • Musdar Muhammad Khairun University, Indonesia
  • Bahrun Talib Khairun University, Indonesia
  • Daud Hasim Khairun University, Indonesia

DOI:

https://doi.org/10.24256/kharaj.v8i2.11753

Keywords:

Investment Climate, Economic Growth, Development Strategy, North Maluku

Abstract

This study aims to analyse and examine strategies for developing the business climate and investment in order to spur economic growth in North Maluku Province. The research method employed is a quantitative descriptive approach to formulate regional policy strategies. Secondary data consists of macroeconomic time-series data. The data was then analysed using the Analytical Hierarchy Process (AHP). The results indicate that the respondents’ preferences are valid and consistent, with an inconsistency ratio (CR) below the threshold (CR < 0.100). The main criteria prioritised for business climate development, in descending order, are Security (0.214), Investment (0.144), Public Services (0.107) and Licensing (0.103). At the sub-criterion level, security costs have the highest priority weighting (0.425); the electricity supply aspect shows a downward trend (0.199); barriers to business access are dominated by distribution and labour issues (0.193 each); and licensing requirements are still rated as poor (0.163).

References

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Hidayat, Ernita Lestari Paidi. 2014. “Analysis of Entrepreneurs’ Perceptions of the Business Climate in the City of Medan.” Economy and Finance 2: 146–58.

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Saaty, Thomas L. 1993. Decision-Making for Leaders. PT Remaja Rosda Karya. Bandung

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Published

2026-07-13

How to Cite

Muhammad, M., Bahrun Talib, & Daud Hasim. (2026). Investment Climate Development Strategy for North Maluku Economic Growth. Al-Kharaj: Journal of Islamic Economic and Business, 8(2). https://doi.org/10.24256/kharaj.v8i2.11753

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