I anticipated that the new land acquisition bill which will be tabled to the house of representative in a few weeks is definitely good for development in Indonesia. It speed-up acquisition process and saves time.
The new will allow the owners of the targeted land, have remedy to the value of their land. It is a very important and will be a milestone for development to take place rapidly.
According to news by Jakarta Globe, when it comes to acquiring land for public purposes, Indonesia is constrained by a law dating back to 1961, as well as by a presidential decree issued in 2005 and revised in 2006.
