Oceania Development Supports State Asset Management in Kemayoran
PT Oceania Development (OD) supports the government’s efforts to regulate and optimise the management of state assets in the Kemayoran area, Central Jakarta, as stated by Deputy Minister of State Secretary Juri Ardiantoro during a site inspection on Monday (6/7).
PT OD’s legal adviser, Sulaisi Abdurrazaq, said in a statement in Jakarta on Monday that his client appreciates the government’s efforts to reorganise the Kemayoran area and hopes that issues related to cooperation and land tenure involving PT OD can be resolved promptly.
“We have long sought coordination with the Kemayoran Complex Management Centre (PPK Kemayoran), but have yet to receive a positive solution. We have also written to the Minister of State Secretary, the Deputy Minister of State Secretary, and through the Coordinating Minister for Law, Immigration and Corrections. However, to date, there has been no follow-up,” he said.
According to Sulaisi, PT OD is very serious about planning the development of the Kemayoran area in accordance with permits and designations, but investment realisation remains hampered by administrative issues and physical land tenure.
He explained that PT OD requires administrative certainty for the extension of building use rights (HGB) on land management rights (HPL) as a prerequisite to attract investors. However, part of the land that is the object of the cooperation is reportedly still controlled by other parties, with closed access and ongoing commercial use.
He noted that the Blok C.9 area, which has been leased for the Kemayoran car market, is still managed by a third party appointed by PPK Kemayoran, even though the land rights were transferred to PT OD in 2011.
He also denied that there had been intensive coordination between PPK Kemayoran and its partners, including PT OD. “What happened was that we sent a letter, and PPK Kemayoran’s response was to reject our initiative on the grounds that the cooperation agreement had expired,” he said.
Sulaisi argued that PPK Kemayoran has not handed over the cooperation object to his client in a vacant condition as stipulated in the agreement, meaning PT OD has been unable to commence construction.
“To date, there has been no official report of land handover or effective transfer of control to PT OD, while the company has fulfilled various obligations, including payment of the auction price and land and building tax,” he explained.
He welcomed the Deputy Minister of State Secretary’s visit to the Kemayoran area and expressed hope that the best solution could be found so that the development of Kemayoran can proceed.
Earlier, Deputy Minister of State Secretary Juri Ardiantoro stressed that the government would evaluate a number of cooperation agreements for the utilisation of state assets in the Kemayoran area after discovering undeveloped land that had not been used according to the cooperation objectives.
“We want to ensure that all state assets are utilised according to their designation and provide real benefits to the state and society. The reality is that there is still land that has been under cooperation for a long time but has not been properly utilised. Therefore, all documents and the implementation of the cooperation will be reviewed,” said Juri.
The locations inspected included cooperation land with PT Oceania Development at Blok B.2 No.2, Blok B.3, Blok B.7/8, and Blok C.7, as well as land with state-owned banks that are members of the State-Owned Banks Association (Himbara) at Blok B.15 Kavling No. 6 and Blok B.10 No. 5 in the Kemayoran area.
Based on the inspection results, a number of these plots have not been developed according to the plans and obligations set out in the cooperation agreements. This condition means the state assets have not provided optimal economic, social, or spatial benefits.
Juri said the evaluation would not only cover the physical condition of the land but also the partners’ compliance with all contractual obligations. The government will examine the development timeframe, fulfilment of financial obligations, suitability of land use, and the status of granted land rights.
“The government will investigate whether there have been any breaches of the agreement, including when land rights have been granted for a long period but the land has not been built on, has not been utilised according to its designation, or has been left idle. The obligations of every partner to PPK Kemayoran must also be fulfilled,” he said.
If the evaluation finds violations of the agreement or statutory provisions, he added, the government will take administrative and legal steps to protect state assets. These steps may include reviewing the form of cooperation, land utilisation rights, or other legal actions in accordance with applicable regulations.