Problems relating to Trade and Investment on Indonesia
21. Restrictions on land ownership |
|||
Issue |
Issue details |
Requests |
Reference |
| (1) Delayed Land Expropriation Process | - In the context of a large-scale infrastructure project promotion, the delay in the land expropriation has been obstructing the advancement of the development project. Due to escalated land prices, and expanded project scale, foreign businesses rush to secure land property, even before the competitive bidding begins. This is a factor that curbs the project development. | - It is requested that GOI takes step toward problem solving, for example, by its support on the land expropriation, etc. | - Presidential Regulation No. 2 of 2012 on Land Procurement - Presidential Regulation No. 71 of 2012 on Land Procurement Process for Public Interest |
| (Action) - On 9 September 2015, President Joko Widodo announced as the 1st economic policy package, industrial policy package that includes acceleration of the state strategic businesses. Accelerated strategic business sectors include deregulation of the licencing and approval procedures for land acquisition, etc. |
|||
<<BACK |