The Agrarian and Spatial Planning Ministry says it is preparing a bill on airspace and underground construction.
The ministry’s secretary-general, Budi Suryanto, said in Jakarta over the weekend that such regulation was needed to provide legal certainty for investors interested in placing funds in projects such as transit-oriented development and the MRT, which used airspace and underground spaces.
“We see that there is more interest in investment [that pushes] growth of land ownership,” Budi said as quoted by kontan.co.id, adding that certificates issued by the ministry would regulate the use of airspace, underground spaces as well as sea territory.
Budi added that the ministry was finalizing a draft that would be submitted to the House of Representatives for further deliberation. Budi said such a law would provide better legal certainty and encourage investment.