Company: GDHLF
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001410578-25-000935
Chunk: 235

Company: GDS Holdings Ltd
Filing Date: 2025-04-28
Form: 20-F
Item: Item 4
Chunk 235
---
20 years and renewed for an additional period of 30 years. The extension and renewal are subject to the satisfaction of all requirements, among others that the land is still being utilized in accordance with the land title, still conforms with the city’s spatial plan, not required by the government for public purposes and the holder still qualifies to hold the land title. Generally, Hak Pakai enables its holder to utilize and/or benefit from the land.

  Foreign investment company  

Pursuant to the Law No 25 of 2007 on Investment (as amended by Law No. 6 of 2023 on Stipulation of the Government Regulation in lieu of Law of the Republic of Indonesia No 2 of 2022 on Job Creation into Law), foreign investment is an investing activity to conduct business in Indonesia by using foreign capital (fully or partially). A PMA company can be established for that purpose and can own land via a Right to Build (Hak Guna Bangunan, or HGB). The HGB allows its holder to construct on the land and is granted for a maximum period of 30 years which can be extended for a maximum period of 20 years and further renewed for an additional period of 30 years. The extension and renewal are subject to the satisfaction of all requirements, among others that the land is still being utilised in accordance with the land title, still conforms with the city’s spatial plan, not required by the government for public purposes and the holder still qualifies to hold the land title. If the HGB is granted on a land with other party’s management right (Hak Pengelolaan), then approval from the holder of Hak Pengelolaan is also required for extension and renewal.

Regulatory approvals/restrictions on electricity and water services for data centers

  Electricity Supply  

Public electricity supply is mainly provided by PT PLN (Persero), or PLN, a state-owned entity tasked to generate, transmit and supply electricity for the entire of Indonesia. The exception for this “monopoly” applies to electricity supplied in any business areas ( wilayah usaha) that have not been covered by PLN, including, among others, industrial parks which is commonly provided by private companies having a cooperation with the industrial park operator. To become PLN’s customer, the business entity will have to enter into a power purchase agreement, or PPA, with PLN with the tariff set in accordance with the Minister of Energy and Mineral Resources (MEMR) Regulation No. 7 of 2024. Further