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View all search resultsGovt to hire private land assessors
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Coordinating Economic Minister Darmin Nasution answers journalists’ questions at the Indonesia Fintech Festival and Conference held at the Indonesia Convention Exhibition (ICE) venue Serpong, Tangerang, on Aug 30, 2016. (JP/Anton Hermansyah)
C
oordinating Economic Minister Darmin Nasution has announced that the government will hire private land assessors to speed up the nationwide land certification process.
Currently only 50 percent of land in Indonesia has a "clean and clear" status supported by a legal certificate. The land is mostly located in cities, where the certification rate has reached 90 percent, while the rate in rural areas is only 20 percent.
"If we use the old mindset, the land assessment process should have been done by BPN [National Land Agency] officials. But 50 years have passed by and still the job is not finished yet," Darmin said in Serpong on Tuesday, adding that Agrarian and Spatial Planning Minister Sofyan Djalil agreed with the idea.
All professional assessors who are interested in taking part in the government’s land certification project must form an incorporated firm and then join the government tender for the project.
"The certification will increase the economic aspect of land in Indonesia, because a land owner can submit for a loan to the bank by using the land certificate as collateral," Darmin explained. (ags)
