By A. Supriyani Kardono
Investors looking to invest in Indonesia's mining sector may
feel a bit more relieved now as a central database on mining rights
in Indonesia has been developed by the Ministry of Energy and
Mineral Resources ("MEMR"). The Directorate General of
Minerals and Coal of the MEMR ("DGMC") has compiled and
reconciled data of all national mining business permits (locally
known as Ijin Usaha Pertambangan or "IUP"). By gathering
and disseminating national data of IUPs, the MEMR aims to ensure
coordination, verification and synchronization of IUPs issued by
provincial governors, regents and mayors throughout Indonesia, to
stimulate investment and increase state revenues. Prior to this
initiative, Indonesia did not have an accessible central database
on coal and mineral mining rights in Indonesia or integrated IUP
data between the central and local governments.
