Property Tycoons Await Revision to the IKN Law

The vast land acquisition needed for the Nusantara Capital City (IKN) project will require a revision to the IKN Law to facilitate tycoons waiting in queue to participate in the development.

Rinaldi Azka
19 Sep 2023 - 14.21
A-
A+
Property Tycoons Await Revision to the IKN Law

Illustration - The development progress of IKN Nusantara./Bisnis/Credit: PUPR

Bisnis, JAKARTA — The revision of the IKN Law is pressing due to the need for land acquisition that may hinder the development of IKN.

Ida Bagus Nyoman Wiswantanu, Head of the Legal and Compliance Unit of the Nusantara National Capital Authority (NNCA), revealed that land acquisition progress in IKN is still facing headwinds.

Bagus further explained that the implementation of Law No. 3/2022, or IKN Law, is noted to have several issues related to core tasks and functions and sectoral authorities that limit maneuverability in the preparation and development of IKN phase one.

“A strong foundation is needed to ensure that the development process can be agile and effective, such as in land acquisition, where there are many obstacles due to sectoral laws,” said Ida Bagus Nyoman Wiswantanu in a written statement, quoted on Monday (8/19/2023).

Editor: Yusuf Waluyo Jati
company-logo

Lanjutkan Membaca

Property Tycoons Await Revision to the IKN Law

Dengan paket langganan dibawah ini :

Tidak memerlukan komitmen. Batalkan kapan saja.

Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.

Copyright © Bisnis Indonesia Butuh Bantuan ?FAQ