Investor Support for Jakarta Central District Court’s Call Regarding Jakarta Convention Center Management
Investor and Jakarta Convention Center (JCC) manager, PT Graha Sidang Pratama (PT GSP), is urging the Management Center of Gelora Bung Karno Complex (PPKGBK) to comply with applicable laws in handling the JCC. This call comes in light of the ongoing dispute between PT GSP and PPKGBK, where the court has requested all parties to refrain from actions that could harm each other until the trial concludes.
Support for Legal Compliance
During the hearing at the Central Jakarta District Court on Tuesday (1/7/2025), Judge Herdiyanto Sutantyo emphasized the importance of legal compliance in the management of the JCC. PT GSP’s legal representative, Amir Syamsudin, expressed support for the court’s guidance and appreciation, citing the current disputes over the 1991 agreement clauses signed by both parties.
Amir highlighted the unlawful nature of any forced takeover of disputed assets, emphasizing that such actions violate legal principles and agreements. The closure of access points to the JCC and the locking of meeting rooms by PPKGBK without proper court orders or procedures have hindered PT GSP’s ability to fulfill contracts with clients and business partners.
Contractual Disputes and Consequences
PT GSP, as an investor and manager of the JCC, has been unable to honor longstanding contracts with clients and partners due to the closure of access points and room locks. Despite efforts to extend cooperation agreements in line with the 1991 agreement, PT GSP’s requests were left unanswered by PPKGBK. This lack of response has disrupted operations and jeopardized the economic contributions made by PT GSP to the state’s treasury and other businesses.
Legal Justifications and Market Impact
Amir emphasized that PPKGBK’s refusal to extend the cooperation contract was legally unfounded, as it contradicted the BOT contract and financial regulations. The decision to self-manage the JCC without extending the agreement with PT GSP was deemed unreasonable, given PT GSP’s successful asset management track record and economic impact on various businesses.
Additionally, the JCC’s transformation into a leading MICE destination in Indonesia within the GBK Block 14 has positioned it as a market leader for national and international events. The rejection of the contract extension by PPKGBK was seen as a unilateral termination of cooperation and a violation of legal principles, according to Amir.
This situation highlights the importance of legal compliance and fair treatment in contractual agreements to ensure a conducive business environment and uphold the rule of law.
