ABSTRAKPotensi kawasan pesisir dan pulau-pulau kecil Indonesia sangat menarik bagiinvestor asing untuk menanamkan modalnya di Indonesia. UU No. 1 Tahun 2014tentang Perubahan Atas UU No. 27 Tahun 2007 tentang Pengelolaan WilayahPesisir dan Pulau-Pulau Kecil membuka kesempatan penanaman modal asing dipulau-pulau kecil dan pemanfaatan perairan di sekitarnya dengan persyaratantertentu dan izin Menteri Kelautan dan Perikanan. Tesis ini membahas kepastianhukum penanaman modal asing di pulau-pulau kecil berdasarkan UU No. 1 Tahun2014. Penelitian yang menggunakan metode yuridis normatif ini, menyimpulkanbahwa, dibukanya kesempatan penanaman modal asing di pulau-pulau kecilberdasarkan UU No. 1 Tahun 2014 perlu dukungan aturan pelaksana undangundangtersebut khususnya terkait perizinan, karena implementasi perizinan PMAdi pulau-pulau kecil belum optimal. Sebelum berlakunya UU No. 1 Tahun 2014,sudah terdapat investor asing yang menjalankan usahan pemanfaatan pulau-pulaukecil dengan hanya memiliki izin prinsip dan izin usaha, ataupun perjanjiandengan pemerintah daerah. Di sisi lain, adanya calon-calon investor asing yangberminat berinvestasi di pulau-pulau kecil, memerlukan kepastian hukum untukmelaksanakan ketentuan penanaman modal asing di pulau-pulau kecilsebagaimana dipersyaratkan dalam UU No. 1 Tahun 2014.

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ABSTRACTIndonesian coastal areas and small islands are very potential assets to attractforeign investors to make investment in Indonesia. Law of The Republic ofIndonesia Number 1 of 2014 about The Changes to The Law Number 27 of 2007on Management of Coastal Areas and Small Islands gives opportunities to foreigndirect investment on small islands and their surrounding waters, with certainrequirements and permits from the Minister of Marine Affairs and Fisheries. ThisThesis elaborates the legal certainty of foreign direct investment on small islandsgoverned by Law of The Republic of Indonesia Number 1 of 2014. The studywhich used a normative juridical method suggested that the emergingopportunities of foreign direct investment on small islands governed by Act 1 of2014 needs to be supported by the implementing rules of the Law, particularlythose related to the licensing, since the implementation of foreign directinvestment licensing on small islands is not yet optimal. Prior to the enactment ofThe Law of The Republic of Indonesia Number 1 of 2014, there had already beenforeign investors doing their business on the utilization of small islands using only?principle licenses‟ and ?business licenses‟, or agreements with local governments.On the other hand, the emerging interest of prospective foreign investors to investon small islands needs a legal certainty for their continuing process to complywith the provisions of foreign direct investment on small islands as required bythe Law Number 1 of 2014.