Inflation Control and Financial Facilities Strategy
Efforts to Accelerate Infrastructure Provision
...the establishment of Indonesia Asset Management Agency (LMAN)
Government has established State Asset Management Unit (LMAN) as a solution to
accelerate the land acquisition through the provision of land acquisition fund
Land Acquisition Budgeting
Scheme
G
1.
Unutilized fund can be allocated for the
following year
Non-project-specific land acquisition fund
LMAN at a Glance
1. LMAN was established in December 2015
through the issuance of MoF Reg. 219/2015
concerning State Assets Management
2. In 2016, BLU LMAN was mandated to provide
land acquisition fund as a support to Ministry
of Public Works due to US$ 1,081 Mio
shortage of fund to acquire land for priority
toll roads
3. The scope of support is broaden for all
National Strategic Projects through the
issuance of MoF Reg. 21/2017 (j.o MoF Reg.
209/2019 j.o. MoF Reg. 139/2020)
concerning land acquisition financing
guideline for PSN
4. In April 2019, LMAN has disbursed up to US$
4 billion (IDR 54 Trillion) through bridging
finance scheme for 93 toll road projects, and
planned to start the implementation of direct
payment scheme
2.
3.
allocation. Unused allocated fund can
flexibly be made available for the other
project
Land acquisition fund for PSN projects is
managed under one agency
This LMAN initiative provides better
flexibility, coordination and
management of land acquisition
fund provision for National Strategic
Projects (PSN)
Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP)
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