Indonesian Political, Business & Finance News

Mandala Pratama asked to fix barter proposal

| Source: JP

Mandala Pratama asked to fix barter proposal

JAKARTA (JP): City administration has asked PT Mandala Pratama
Permai to correct its incomplete proposal for a change of the
regional development planning of the City Police headquarters'
site, an official said yesterday.

Head of the City Planning Agency, Ahmadin Ahmad, said that his
office had received the proposal but was unable to process it
because the proposal was not furnished with the necessary
documents.

"We have not yet processed the proposal because the developer
failed to attach some important documents, which are needed to
process the proposal," Ahmadin told reporters.

He explained that among the documents which have not yet been
received by the agency are the approval letter of the barter
agreement, from the Ministry of Finance, and details of future
projects to be built by the company on the land.

The agency, he added, has informed the developer about this
matter.

"My office has sent a letter to the developer, informing it to
complete the proposal with those documents," he said.

PT Mandala Pratama Permai signed a land barter agreement with
the police force recently, taking 6.5 hectares of a total tract
of 14.5 hectare, on which City Police Headquarters stands.

The developer, co-owned by Hutomo Mandala Putra, intends to
build a business center, hotel, apartments, shopping centers and
other commercial facilities on the site.

In the implementation of the project, the developer is obliged
to ask city administration to change development planning of the
site because, according to planning, the site is earmarked for
the establishment of government offices.

"Processing the proposal takes about three months to
complete," Ahmadin said.

He said that, according to Regulation No. 9/1985, the
developer is also obliged to pay fees to city administration for
changes in the land use.

When asked about the amount of the fees, Ahmadin refused to
answer, saying that he forgot the amount.

Saud Rachman, a member of City Council from the United
Development Party faction, said that the change of the
development planning should get approval from City Council.

"City administration cannot just change the planning without
an approval from City Council," Saud said, reminding the city
administration to abide by the rule before issuing an approval
for the change.

Jakarta Police Headquarters is located in a strategic
position, just south of the Semanggi cloverleaf intersection,
facing onto both Jl. Jenderal Sudirman and Jl. Gatot Subroto.

The project includes a new city police office. Under the
agreement, the company will also provide 50 hectares of land in
Serpong for a housing development project for police officers and
their families.

Under the agreement, city police will get a new 24-story
building complete with up-to-date facilities. (yns)

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