SUMMARY
Indonesia masih menghadapi kelangkaan serat rayon sebagai bahan baku industri tekstil meskipun saat ini Indonesia merupakan salah satu produsen utama serat rayon. Kelangkaan serat rayon diperkirakan disebabkan oleh kecenderungan produsen domestik yang mengekspor sehingga pasokan serat rayon untuk pasar domestik menurun. Tulisan ini bertujuan untuk menganalisis permasalahan perdagangan dan investasi serat rayon di Indonesia. Disimpulkan bahwa permasalahan kelangkaan serat rayon disebabkan oleh masih rendahnya kapasitas produksi industri serat rayon sehingga produksinya belum mampu memasok kebutuhan domestik. Untuk itu diperlukan kebijakan yang lebih kondusif terutama di sektor kehutanan sehingga dapat mendorong pengembangan investasi industri serat rayon di Indonesia. Indonesia has been facing the shortage of rayon fiber eventhough Indonesia is one of main producers. The shortage of rayon fiber is due to the tendency of producers to export rather than supply the domestic markets; so the supply of rayon fiber is then decreased. This study aims to analyze the problems of rayon fiber related to trade and investment policy of rayon industry in Indonesia. It concludes that the scarcity of rayon was caused by the low of production capacity. So, it needs to develop the investment of rayon industry. Meanwhile, there is still a bottleneck problem of investment in rayon industry. Then, the condussive policy especially in forestry sector is necessary to support the development of investment of rayon industry in Indonesia.