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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

West Java DPRD Urges Faster Legalization of PT Agronesia Assets

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • West Java's DPRD Commission I is urging the acceleration of asset legalization for PT Agronesia.
  • The move aims to provide legal certainty and prevent future issues for the regional-owned enterprise.
  • The commission has given the company one month to present a clear plan for resolving land deed discrepancies.

West Java's Regional People's Representative Council (DPRD) Commission I is pushing for a swift resolution to the legal status of assets owned by PT Agronesia, a regional-owned enterprise. The commission emphasizes the importance of legal certainty to support the company's business development and prevent potential future disputes.

We want to ensure the facts of the matter. After seeing it directly in the field, this asset was actually acquired by PT Agronesia itself, not an asset of the West Java Provincial Government.

โ€” Sidkon DjampiClarifying the ownership of the land during the site visit.

During a site visit to PT Agronesia's land in West Bandung Regency, Commission I members, led by Sidkon Djampi, clarified that the land in question is indeed owned by the company, acquired independently, and not a provincial government asset. However, the inspection revealed significant administrative issues concerning land deeds.

Specifically, out of approximately 20 purchased land plots, a majority reportedly lack a Sale and Purchase Deed (Akta Jual Beli - AJB). Sidkon Djampi highlighted that this administrative gap poses a risk of future legal disputes, particularly if claims arise from heirs of previous owners or other parties. "The legality of the assets is our concern. The land has been bought, but it doesn't have an AJB yet. If a lawsuit arises from heirs or other parties, it could become a problem. Therefore, it must be resolved immediately," he stated.

What concerns us is the legality of the assets. The land has been bought, but it doesn't have an AJB yet. If a lawsuit arises from heirs or other parties, it could become a problem. Therefore, it must be resolved immediately.

โ€” Sidkon DjampiExplaining the risks associated with incomplete land documentation.

In response, Commission I has formally requested the Bureau of Regional-Owned Enterprises to devise concrete steps for resolving these asset legalization issues. They have set a deadline of one month for the company to present a clear resolution scheme, focusing initially on the issuance of AJBs for the acquired land. Furthermore, the commission noted the absence of a dedicated budget for asset legalization, stressing that legal certainty is a fundamental basis for the company's sustainability and growth, ultimately contributing to West Java's economy.

Don't let assets that have already been bought and managed cause problems later just because the administrative aspects are not yet complete. This must be resolved immediately.

โ€” Sidkon DjampiEmphasizing the urgency of completing administrative processes for company assets.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.