BUSSINESS MODEL DESIGN OF INDONESIA LAND BANK AUTHORITY AS A STATE LAND MANAGER
The establishment of the Indonesia Land Bank Authority (ILBA) aims to optimise land management for development, which has been limited primarily by land availability issues. For ILBA to effectively fulfil its duties as a state land manager, a well-designed business model is crucial. This research applied Soft System Methodology (SSM) to analyse ILBA's business model regarding land acquisition, land management, and land utilisation. The study's results indicate the requirement for various crucial activities and policies supporting the ILBA's functions, including reviewing and harmonising internal and external regulations, engaging with all concerned stakeholders, and enhancing land development and utilisation. The activities can significantly benefit ILBA in fulfilling its role as a State Land Manager, particularly in terms of enhancing the value of its land assets and maximising their use for six development objectives, including public interests, social interests, national development interests, economic equity, land consolidation, and agrarian reform.
Indonesia Land Bank Authority; Business Model Design; Land Supply Management; SSM; Land Availability.