Existence of The Land Bank Agency in The Context of Investment Development in Indonesia
Land is an important component in the business world, so in its development it "forces" Indonesia to become an investment-friendly country. To achieve this, Indonesia created the Job Creation Law and formed the Land Bank to collect, manage and distribute land in Indonesia. However, there a...
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Format: | Article |
Language: | Indonesian |
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Universitas Trunojoyo Madura
2024-12-01
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Series: | RechtIdee |
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Online Access: | https://journal.trunojoyo.ac.id/rechtidee/article/view/24981 |
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author | Putri Raudhah Nia Kurniati |
author_facet | Putri Raudhah Nia Kurniati |
author_sort | Putri Raudhah |
collection | DOAJ |
description | Land is an important component in the business world, so in its development it "forces" Indonesia to become an investment-friendly country. To achieve this, Indonesia created the Job Creation Law and formed the Land Bank to collect, manage and distribute land in Indonesia. However, there are pros and cons related to the substance contained in the Job Creation Law, such as seeming to revive the domain verklaring, the alleged bias of the Government regarding the granting of permits to business entities and/or investors, overlapping authority and misinterpretation of the public regarding the main duties and functions of the Land Bank which is considered a new forum for corruption, collusion and nepotism (CCN) because, in the same sector, there is already the Ministry of ATR/BPN which also regulates the land sector in Indonesia, so that clear restrictions are needed between institutions, therefore this systematic review is a bridge for the Government, investors and the public to realize legal certainty. |
format | Article |
id | doaj-art-3112775cc3af47ceaf1d4dde85856493 |
institution | Kabale University |
issn | 1907-5790 2502-762X |
language | Indonesian |
publishDate | 2024-12-01 |
publisher | Universitas Trunojoyo Madura |
record_format | Article |
series | RechtIdee |
spelling | doaj-art-3112775cc3af47ceaf1d4dde858564932025-01-17T13:26:51ZindUniversitas Trunojoyo MaduraRechtIdee1907-57902502-762X2024-12-0119224026410.21107/ri.v19i2.249819539Existence of The Land Bank Agency in The Context of Investment Development in IndonesiaPutri Raudhah0Nia Kurniati1Padjadjaran UniversityPadjadjaran UniversityLand is an important component in the business world, so in its development it "forces" Indonesia to become an investment-friendly country. To achieve this, Indonesia created the Job Creation Law and formed the Land Bank to collect, manage and distribute land in Indonesia. However, there are pros and cons related to the substance contained in the Job Creation Law, such as seeming to revive the domain verklaring, the alleged bias of the Government regarding the granting of permits to business entities and/or investors, overlapping authority and misinterpretation of the public regarding the main duties and functions of the Land Bank which is considered a new forum for corruption, collusion and nepotism (CCN) because, in the same sector, there is already the Ministry of ATR/BPN which also regulates the land sector in Indonesia, so that clear restrictions are needed between institutions, therefore this systematic review is a bridge for the Government, investors and the public to realize legal certainty.https://journal.trunojoyo.ac.id/rechtidee/article/view/24981investationlandland banking. |
spellingShingle | Putri Raudhah Nia Kurniati Existence of The Land Bank Agency in The Context of Investment Development in Indonesia RechtIdee investation land land banking. |
title | Existence of The Land Bank Agency in The Context of Investment Development in Indonesia |
title_full | Existence of The Land Bank Agency in The Context of Investment Development in Indonesia |
title_fullStr | Existence of The Land Bank Agency in The Context of Investment Development in Indonesia |
title_full_unstemmed | Existence of The Land Bank Agency in The Context of Investment Development in Indonesia |
title_short | Existence of The Land Bank Agency in The Context of Investment Development in Indonesia |
title_sort | existence of the land bank agency in the context of investment development in indonesia |
topic | investation land land banking. |
url | https://journal.trunojoyo.ac.id/rechtidee/article/view/24981 |
work_keys_str_mv | AT putriraudhah existenceofthelandbankagencyinthecontextofinvestmentdevelopmentinindonesia AT niakurniati existenceofthelandbankagencyinthecontextofinvestmentdevelopmentinindonesia |