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MOUs signed to accelerate land acquisition for toll road, dam projects
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Public Works and Housing Minister Basuki Hadimuljono inspects the construction of a seawall project to prevent flooding from high waves in Semarang, Central Java on June 16. (Antara/Aditya Pradana Putra)
T
he government and 38 companies have signed memorandum of understandings (MOUs) to accelerate the construction of 32 toll roads and 24 dams across the country.
Under the agreements, the companies involved in the projects, can acquire land for the projects, without waiting for the fund disbursement from the government allocated for the land acquisitions.
“The land acquisition can be accelerated so the projects can be completed sooner,” said Public Works and Housing Minister Basuki Hadimuljono on Wednesday.
The MoUs were signed after Basuki in April agreed to the use of bridging funds for those projects.
The government will allocate Rp 20 trillion (US1.50 billion) for bridging funds related to various major infrastructure projects.
The figure allocated for bridging funds may increase as the government is currently discussing with lawmakers about revisions to the 2017 state budget.
Rahayu Puspasari, the president director of State Asset Management Agency (LMAN) – an agency, which would handle the funds – said LMAN would provide Rp 13.28 trillion for land procurement for the toll road projects and Rp 2.37 trillion for land procurement for the dam projects.
Rahayu added that the disbursement process may take up to ten days, while the LMAN was currently working to speed up the process. (mrc/bbn)
