The New Regulation on Land Acquisition

In March, President Joko “Jokowi” Widodo issued the Presidential Regulation (Perpres) No. 30/2015 regarding Land Procurement for the Development of Public Interest to revise Perpes No. 71/2012. This regulation was made in accordance with the mandate of Art. 53 and Art. 59 of Law No. 2/2012. Perpres No. 30/2015 paves way for enterprises to carry out land acquisition under the condition that these enterprises are authorized to do so under an agreement with state institutions, ministries, provincial governments, state/local enterprises with special assignment from the government, or other institutions set out in the Perpres.To subscribe please click here