Participation, Investment Institutions, and Local Economic Development: The Study of Food Security in East Java - Indonesia
Ahmad Erani Yustika, Mangku Purnomo, David Kaluge, Yusuf Risanto, Hendi Subandi, Rachmat Wibisono, Maeda Ramadhani, Dita Nurul Aini

Abstract
The growing concern of food security has been an important issue in Indonesia. The increasing population of Indonesia requires the big amount of food supply. However, nowadays several important food commodities, like corn, soy, milk, and meat are likely to experience the decreasing production. The heavy reliance on food imports to meet domestic demand is not certain due to the unstable price in international market. Therefore, an increase in food production becomes one of the most rational solutions. In this way, it is obviously not easy considering the problems faced by the government, such as restricted land, declining agricultural sector incentive, and limitation of budget. In this case, the active participation among the farmers, traders, investors, cooperation, and local government become strategic to escalate the production. The research shows that the investment plan formulation process on the basis of participation and local development is a significant step that can be initiated by the local government so that the objective of increasing food security can benefit all subjects.

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