Indonesian Political, Business & Finance News

New decree sought

| Source: JP

New decree sought

JAKARTA (JP): A councilor urged the city administration
yesterday to produce a provincial decree on underground property
ownership.

The chairman of the city council's commission D for
development, Bandjar Marpaung, said that the city administration
should produce a decree to regulate the ownership of underground
property.

"The regulation is needed because it may affect the
development of tunnels in the city. This can be seen in the
development of the Sudirman Business District Center in Central
Jakarta," Bandjar said.

He explained that the developer of the center, PT Danayasa
Arthatama, plans to build tunnels to connect the district with
Jl. Sudirman, Jl. Gatot Subroto and Jl. Senopati.

The huge project may face stumbling blocks, as the tunnels
will be under plots of land belonging to other companies or
individuals, who will claim that everything built under their
plot must be controlled by them, Banjar said.

"In a hearing with us, the developer's president director,
Nasroel Chas, said it is time to have a regulation to guarantee
that the tunnels will not be blocked by owners of the land which
the structures will pass through," he said.

Bandjar said that the commission supports the proposal because
tunnels are important to ease city traffic.

PT Danayasa Arthatama is constructing a super block on a 44
hectare area on Jl. Sudirman. Nine towers have been built by the
company, while the whole project is expected to finish in
2005.(yns)

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