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Investor Presentaiton

Efforts to Accelerate Infrastructure Provision BHINNEKA Regulation improvement to accelerate land procurement process The Government of Indonesia issued Law No. 2 of 2012 on Land Acquisition for Public Interest, with a purpose to provide certainty about the land acquisition duration for the Government Contracting Agencies and the Investors. The Law sets an estimated 583 days maximum time to complete the land acquisition process. For its implementation, the Law No. 2 of 2012 was supported by the Presidential Regulation No. 71 of 2012 on Land Acquisition Implementation for Developing Public Facilities, which has been revised into the Presidential Regulation No. 30 of 2015. The Amendment to the Regulation allows a Business Entity to allocate funding for a land acquisition which can be reimbursed by the Government following the completion of land acquisition process. With this Regulation, the land acquisition process is expected not to be delayed by the unallocated budget or the delay on the budget disbursement. Law No. 2/2012 was successfully applied in: - 1. Palembang Indralaya section of the Trans Sumatera Toll Road Project 2. Java North Line Double Track Rail Project PLANNING not regulated PREPARATION max 289 days EXECUTION max 257 days ASSIGNMENT OF RIGHTS max 37 days Timetable (working days) with an assumption that there is rejection from land owners TOTAL 583 DAYS Without rejection, the estimated completion days can be reduced by 15%-20% of the maximum number of days above Land Procurement Process as Stipulated in Law No. 2 of 2012 Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP) 154
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