Indonesia's COVID-19 Vaccination and Economic Resilience Strategy slide image

Indonesia's COVID-19 Vaccination and Economic Resilience Strategy

Government of Indonesia is exploring the potential of pilot project on LVC to encourage Regional Government in implementing LVC Scheme 3 Land Value Capture (LVC) Coordinating Ministry of Economic Affairs in partnership with The World Bank and DFAT- Australia has formulated Piloting Project study (Demo Project) for Land Value Capture initiatives in 5 Cities Bandung, Jawa Barat MRT Station Harmoni, TOD Jurangmangu, Tangerang, Banten Gedebage Area, DKI Jakarta Value Capture Instrument: FAR (Floor Area Ratio) Compensation Betterment Levy Value Capture Instrument: Concession Fee Betterment Levy Value Capture Instrument: Betterment Levy TOD Tawang Station, Semarang, Jawa Tengah Value Capture Instrument: Concession Fee Betterment Levy Sekanak - Lambidaro Area Development, Palembang, Sumatera Selatan Value Capture Instrument: Betterment Levy Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP) 60 60
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