LMAN Disburses Rp138.86 Trillion for Land Acquisition of National Strategic Projects (PSN): Details Inside

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Nabilah Muhamad 18/02/2025 19:15 WIB

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The National Land Agency (LMAN) has disbursed funds for the procurement of land for 129 national strategic projects (PSN) totaling Rp167.39 trillion during the 2016-2024 period. Toll roads received th

Land Acquisition Fund Allocation and Realization for National Strategic Projects (PSN) by LMAN (2016-2024)

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LMAN Disburses Rp138.86 Trillion for Land Acquisition of National Strategic Projects (PSN): Details Inside

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Land Acquisition Fund Allocation and Realization for National Strategic Projects (PSN) by LMAN (2016-2024)

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The Indonesian State Asset Management Institute (LMAN) has disbursed funds totaling Rp167.39 trillion (approximately US$11.1 billion) for land acquisition for 129 National Strategic Projects (NSPs) between 2016 and 2024.

Of this amount, 83% or Rp138.86 trillion (approximately US$9.2 billion) has been realized. Realization in 2024 alone amounted to Rp14.98 trillion (approximately US$1 billion).

By the end of 2024, the largest allocation of funds for land acquisition for NSPs was for toll roads, totaling Rp115.52 trillion (approximately US$7.7 billion) for 55 NSPs.

This was followed by land acquisition for 40 dam NSPs worth Rp14.80 trillion (approximately US$986 million), 16 NSPs in the New Capital City (IKN) amounting to Rp3.53 trillion (approximately US$235 million), and 10 railway NSPs with Rp3.31 trillion (approximately US$220 million).

The remaining funds were used for land acquisition for 1 port NSP (Rp800 billion or approximately US$53 million), 5 irrigation NSPs (Rp642 billion or approximately US$43 million), 1 raw water NSP (Rp140 billion or approximately US$9 million), and 1 National Strategic Tourism Area (KSPN) NSP (Rp85 billion or approximately US$6 million).

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."