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| PPU government records assets in Sepaku IKN to prevent disputes. Asset value reaches $58M and will be transferred to the IKN Authority. |
The Penajam Paser Utara (PPU) Regency Government in East Kalimantan has accelerated the recording and inventory of regional assets located in Sepaku District, an area now included in Indonesia’s new capital city, Nusantara (IKN).
This move is aimed at preventing potential disputes as the transition of authority to the central government progresses.
Head of the Regional Financial and Asset Agency (BKAD) of PPU, Muhajir, stated that all government-owned assets—including land, buildings, and equipment—are currently being thoroughly documented.
“All land, buildings, and government equipment in the IKN area are being recorded and inventoried,” he said.
Preventing Future Asset Disputes
Muhajir emphasized that the inventory process is crucial to ensure clear ownership status before the assets are eventually transferred to the IKN Authority.
This step is intended to avoid conflicts, especially when assets in Sepaku begin transitioning to central government control.
Once officially transferred through a grant mechanism, these assets will be removed from the regency’s asset records.
Assets To Be Transferred To IKN Authority
In the future, all regional assets within the IKN area are planned to be granted to the IKN Authority, particularly after the establishment of a special administrative government (Pemdasus) for the new capital.
One example of such a transfer took place in 2024, involving the Trunen livestock area in Bumi Harapan Village, Sepaku District.
The land spans 42.6 hectares and includes buildings along with 20 units of machinery, with a total value of approximately $1.1 million.
“So far, only the Trunen livestock land has been granted in 2024, and there have been no further requests for asset transfers,” Muhajir explained.
Total Asset Value Reaches $58 Million
Overall, the value of assets owned by the PPU Government in Sepaku District continues to increase each year.
As of the end of 2024, the total recorded value has reached approximately $58 million.
However, this figure does not yet include additional assets developed or purchased in the 2025 fiscal year.
Assets Still Owned By PPU Government
For now, all assets located within the IKN area remain under the ownership of the PPU Regency Government.
This is because Sepaku District is still administratively part of PPU, and no derivative regulations from the IKN Law have been issued regarding asset transfers.
“Assets in the IKN area are currently still under the ownership of the Penajam Paser Utara Government,” Muhajir confirmed.
FAQ
1. Why are PPU assets in Sepaku being recorded?
To prevent disputes during the transition of assets to the central government or IKN Authority.
2. What is the total value of these assets?
Approximately $58 million as of the end of 2024.
3. Have all assets been transferred to IKN?
No, only the Trunen livestock land was transferred in 2024.
4. Who will receive the assets in the future?
The IKN Authority, after the establishment of a special administrative government.
5. Who currently owns the assets?
They are still owned by the PPU Regency Government.
