00:00Meanwhile, President Joko Widodo officially issued the President's Order No. 75 of 2024
00:06on the acceleration of the development of the capital of Nusa Tenggara.
00:08In the press, the head of the IKN authorities can set the value of land in the capital of Nusa Tenggara
00:14for asset management in the management and implementation of investment in the capital of Nusa Tenggara.
00:23President Joko Widodo officially issued the President's Order No. 75 of 2024
00:29on the acceleration of the development of the capital of Nusa Tenggara.
00:32In the order signed by 11 July, the head of the IKN authorities was given the authority
00:37to set the value and price of land in the IKN.
00:41Based on Article 1, Article 6 of the Press No. 75 of 2024,
00:46the head of the authorities can set the value of land in the capital of Nusa Tenggara
00:51for asset management in the management and implementation of investment in the capital of Nusa Tenggara.
00:57In accordance with the rules of the law,
01:00asset management is a land in the territory of the capital of Nusa Tenggara
01:04that is not related to government administration.
01:09The value of land that has been set by the head of the authorities will be a reference
01:13for the ministries that administer government affairs in the field of agrarian or land
01:19to set the zone of land value.
01:22Later, the head of the authorities can also provide asset land management
01:25in the management of land owners with a contribution of up to Rp. 0
01:31or by paying contributions in installments.
01:36Land owners are set with two criteria, namely the business owner
01:41after stating an interest and signing a letter of intent
01:44with the authorities of the capital of Nusa Tenggara and the second criteria
01:48business owners must be ready to start the implementation of development in the capital of Nusa Tenggara
01:53for the longest five years since the act of Law No. 21 in 2023
01:58on the change of the rule of Law No. 3 in 2022 on the capital of the country
02:05From Jakarta, coverage team IDX Channel
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