The Sultan Hotel Dispute Continues to Escalate

The dispute between Pontjo Sutowo’s PT Indobuildco and the government regarding Sultan Hotel’s management is escalating as Pontjo Sutowo denies allegation of seizing control of a state asset at the Gelora Bung Karno (GBK), Senayan, Jakarta.

Yanita Petriella

17 Sep 2023 - 15.16
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The Sultan Hotel Dispute Continues to Escalate

Sultan Hotel. /istimewa

Bisnis, JAKARTA — The dispute between Pontjo Sutowo’s PT Indobuildco and the government regarding Sultan Hotel’s management is escalating as Pontjo Sutowo denies allegation of seizing control of a state asset at the Gelora Bung Karno (GBK), Senayan, Jakarta.

The development of Sultan Hotel began with a request from the Governor of Jakarta at that time, Ali Sadikin, to Ibnu Sutowo in 1971. At that time, Ali Sadikin asked Ibnu Sutowo to build an internationally acclaimed hotel for the PATA Conference and other state events. PT Indobuildco then paid $7.5 million to the state for the Right to Build (HGB) on the 13.7-hectare land.

Subsequently, the Ministry of Home Affairs issued Decree No. 181/HGB/Da/72 dated August 3 1972, thereby granting the HGB to PT Indobuildco which then gained control and management of the Sultan Hotel's land based on the granting of HGB No. 26/Gelora and HGB No. 27/Gelora by the government for a period of 30 years until 2002.

Later on, the HGB for the Sultan Hotel was extended for 20 years and ended in 2023. However, PT Indobuildco submitted a request for the extension of HGB to the Jakarta Regional Office Head on April 1 2021.

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.