Abstract

One of the obstacles in achieving development targets is the need for development financing, especially that which can be extracted from sources of own capabilities. Sources of funds from abroad are only complementary to the principle of increasing independence in implementing development and preventing foreign involvement and interference. The purpose of organizing investment can only be achieved if supporting factors that hinder the investment climate can be overcome, including legal certainty in the field of investment, highly competitive economic costs, a conducive business climate and others. With the improvement of various supporting factors. It is hoped that the realization of investment will improve. Joint Venture Agreement, as a joint cooperation agreement it must contain the principle of freedom of contract, the principle of consensualism, the principle of binding an agreement (in the name of our Lord) principle of good faith (good night) and the principle of personality ( personality). This research consists of exploratory research, descriptive research and explanatory research. The imbalance of the Indonesian side in Joint Venture Agreement in Central Java Province due to several factors, including Indonesian share ownership being less than foreign parties; causing foreign parties to be able to determine the management of Foreign Investment Limited Liability Companies (PT PMA).