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Lombok

Integrated resort to open in Lombok in 2015By Mimi Hudoyo, reporting from ITB Berlin, Germany, March 9, 2012 THE tranquil island of Lombok will see its southern area buzzing with a large integrated resort development as early as 2015. The Mandalika Resorts Lombok, which will cover an area of 1,175…
AntaraNews.com 21 October Central Lombok, West Nusa Tenggara (ANTARA News) - MNC Group through PT Global Land Development will build an integrated park as part of the development of Mandalika Resort area in Central Lombok, West Nusa Tenggara (NTB). Chief Commissioner of PT Global Land and Development Budi Rustanto and…

SBY Kicks Off USD 3 Billion Tourism Project

Monday, 24 October 2011 13:40
The Jakarta Globe: 22 October 2011   Mataram, West Nusa Tenggara. President Susilo Bambang Yudhoyono launched a mammoth tourism project in Lombok on Friday that critics contend will lead to the forced displacement of about 400 residents. The Mandalika resort project, in Kuta, Central Lombok, is expected to cost about Rp…

President Yudhoyono Dedicates New Lombok Airport

Friday, 21 October 2011 04:39
Central Lombok, NTB, Oct 20 (ANTARA) - President Susilo Bambang Yudhoyono dedicated the new Lombok International Airport (BIL) in West Nusa Tenggara (NTB) on Thursday. [MCOT.NET] After delivering a short opening message, the head of state struck a drum and then signed an inscription to mark the inauguration of BIL,…

Group Plans To Build Theme Park In Lombok

Sunday, 16 October 2011 12:06
The Jakarta Post, Jakarta | Sat, 10/15/2011 4:45 PM A consortium is planning to build an amusement park similar to Disneyland in the tourism area of Mandalika in Central Lombok, West Nusa Tenggara. The groundbreaking event for the project, based on a 1,250-hectare site, is scheduled to take place on…

The Phuket Insider

Friday, 30 September 2011 15:07
ThePhuketInsider.com28 September 2011 Bali's neighbor Lombok is seeing it's tourism market shift into high gear with the opening of its new international airport on October 1st. Located in Tanak Awe in West Nusa Tenggara the Bandara International Lombok Airport and is able to handle widebody aircraft. Currently flights to Lombok…

Indonesia to Inaugurate Lombok Airport in October

Friday, 23 September 2011 09:32
22 August 2011 source airport-technology.com Indonesia will inaugurate the new Lombok International Airport on Lombok Island in West Nusa Tenggara on 1 October 2011. The airport has been developed at a cost of $73.1m and will be located near Tanak Awu village in Central Lombok. The new airport will replace…

White Papers: Investing In Land In Indonesia

Glossary of Land Title / Key Terms

Hak Guna Bangunan [HGB] - Building Rights Title: The transferable right to build and own buildings on land. HBG titles can be granted to foreign investment [PMA] companies. PMA companies can be 100% foreign owned. HGB title rights are granted for 30 years, renewable for an additional 20-30.

Hak Guna Usaha [HGU] - Land Cultivation Rights Title: The right to use state-owned land for agriculture, for 35 years extendable by 25 years. Agricultural use includes crop cultivation. cattle-rearing, plantations and fishing.

Hak Milik – Freehold Title: Cannot be held by non-Indonesians.

Hak Pakai [HP] – The Right To Use Title: The non-transferable right to use the land for any purpose. Granted for up to 25 years, extendable for another 20.

Hak Sewa - The Right To Rent Title: A lease on the land from the freeholder, usually for 30 years renewable for an additional 20. The name on the title remains that of the freeholder.

"Ijin Mendirikan Bangunan [IMB]" - A building permit

"Pondok Wisata" - A license to operate a guesthouse

"Sporadik" – Land that has been registered but has no physical certificate. A certificate under the owners name can be drawn up.

Please note that certain titles can be held by resident / non-resident foreigners or by foreign investment companies, others cannot. For more information please click here. Always take detailed legal advice before investing.


 

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