THE ESTABLISHMENT OF LAND BANK INSTITUTIONS FOR STRENGTHENING THE NATIONAL DEVELOPMENT
Journal: International Journal of Civil Engineering and Technology (IJCIET) (Vol.8, No. 11)Publication Date: 2017-11-26
Authors : FIRMAN FREADDY BUSROH; FAISAL SANTIAGO;
Page : 720-732
Keywords : land bank; national development; land procurement;
Abstract
One important element in national development is the availability of sufficient land. The problem of unavailability of land often hinders the government to build infrastructure. In addition, land is often the object of the land speculators to achieve great benefits. This is of course detrimental to the government because the costs incurred to provide land becomes large and burden the government budget. For that the government needs to find alternatives, one of them by forming a land bank. The establishment of a land bank is very urgent for the development of a more just and prosperous spatial and regional planning plan. With the existence of a land bank, land acquisition activities will not become a problem for the future government. The government is just preparing the spatial planning plan in accordance with the direction of national development. By the existence of land bank, then the action of land to be used as an object of land speculators can be minimized and control the price of land of an area.
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