The Urgency of Enacting The Valuer Law: Supporting Land Acquisition for National Strategic Projects
DOI:
https://doi.org/10.38035/sijal.v3i2.323Keywords:
Valuer Law, Valuers’ Independence, Good GovernanceAbstract
Land acquisition for public purposes, particularly toll road development as part of National Strategic Projects (PSN), cannot be separated from the mandate of Article 33 paragraph (3) of the 1945 Constitution, which affirms state control over natural resources for the prosperity of the people. In this process, the valuer profession holds a strategic position since valuation results serve as the legal basis for determining compensation, ensuring the principle of justice for affected communities. However, the regulation of valuers in Indonesia remains partial and limited to ministerial regulations. In the legal hierarchy, this position is lower than a law, thus providing insufficient legal certainty, opening space for multiple interpretations, and weakening protection for both valuers and service users. This situation contrasts with other countries such as Malaysia, Thailand, Japan, and Australia, which have placed the valuer profession within a statutory framework. The absence of a dedicated Valuer Law in Indonesia results in weak enforcement of the code of ethics, limited legal protection, and potential interventions that undermine valuers’ independence. Therefore, the enactment of a Valuer Law is an urgent necessity. Its presence will strengthen professionalism, accountability, and transparency in valuation, thereby enhancing public trust and ensuring the success of land acquisition for PSN in line with good governance principles and constitutional mandates.
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