Regulation of Private Land Banking During the Agrarian Reform in Indonesia

DOI

10.2991/assehr.k.211020.039How to use a DOI?

Keywords

Regulation, Land Banking, Agrarian, Indonesia

Abstract

The land banking institution is one of the provisions stipulated in the Job Creation Law that must be implemented by the government. Meanwhile, it is known that land banking is one of the business strategies by the private sector. On the other hand, there is no provision for the maximum amount of land ownership by individuals or legal entities, which is why the private sector can control a large amount of land. The problem in this research is whether the agrarian reform program has regulated the maximum acquisition of land area by the private sector and whether it is in line with the sustainable development goal. The results showed that Job Creation Law supports the ease of investment in Indonesia but does not concern about land banking activities by the private sectors. The process of location permits for land acquiring for investment purposes has been made easier. Another fact shows that land controlled activities by public companies continued to show an increase even during the Covid-19 Pandemic outbreak.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Erni Herawati
AU  - A S Hutagalung
AU  - S Sujadi
AU  - R Lestarini
PY  - 2021
DA  - 2021/10/21
TI  - Regulation of Private Land Banking During the Agrarian Reform in Indonesia
BT  - Proceedings of the 1st UMGESHIC International Seminar on Health, Social Science and Humanities (UMGESHIC-ISHSSH 2020)
PB  - Atlantis Press
SP  - 262
EP  - 266
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211020.039
DO  - 10.2991/assehr.k.211020.039
ID  - Herawati2021
ER  -