Jakarta (ANTARA) - Revocation of 2,078 unproductive Mining Business Licenses (IUPs) will commence next Monday (Jan 10), Minister of Investment and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia stated at a press conference here on Friday.
"We have conducted technical coordination with the Ministry of Energy and Mineral Resources until last night," he remarked.
The government is currently reviewing 2,343 business permits, he noted. However, during the first stage, only 2,078 licenses will be revoked next Monday. The other 265 IUPs are still being verified.
These permits are being revoked, as these companies are inactive. Despite the fact that these companies possess the business license, including the Forest Area Utilization Permit (IPPKH), they do not produce anything.
Several companies possess the business permit and IPPKH though have not yet delivered their Budget and Expense Work Plan (RKAB).
"There are those who we give the license but ended up selling it to other people. This is no longer tolerable. We have to speak within the context of justice," Lahadalia affirmed.
Earlier, President Joko Widodo stated that the government will revoke licenses of 2,078 mineral and coal mining corporations, as they do not deliver their work plan.
"Mining, forestry, and state land use permits will continue to be evaluated," he remarked on Thursday.
"Permits that are not executed and not productive will be transferred to other parties. We will also revoke permits that are not in accordance with our regulations," he affirmed.
The government also revoked 192 forestry sector permits covering an area of 3,126,439 hectares for inactivity, not making a work plan, and neglect.
Land title for industrial purposes (HGU) for 34,448 hectares of abandoned land had also been revoked.
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