Recently, a conference was held in Jakarta, where Magnum Estate made an important announcement. Now, the safety and legal protection of our investors in Bali, as well as in the new capital of Indonesia (IKN), will be ensured by the team of Professor Yusril Ihza Mahendra, the founder of the well-known law firm Ihza & Ihza.
Yusril Ihza Mahendra is an Indonesian lawyer and statesman, one of the leading experts in the country on legal issues. Yusril is known for his deep understanding of constitutional law and land legislation, making him a key figure in the field of legal support for business and foreign investment in Indonesia.
The event was attended by the founders of Magnum Estate — Stanislav Sadovnikov and Igor Maksimov. Professor Yusril and his team will provide legal support not only to our company but also to all foreign investors facing local legal issues.
Among the main tasks are resolving current issues with projects in Bali and establishing a reliable legal framework for future projects, especially for construction in IKN, the new capital of Indonesia.
They also discussed the prospects for market development under the new government led by Prabowo Subianto. Yusril Ihza expressed confidence in the continuation of current projects with the necessary improvements. He paid special attention to land issues, which, in his opinion, play a key role in the successful continuation of construction.
Through our joint efforts, we aim to provide investors with legal security and transparency in all transactions, which is especially relevant against the backdrop of growing interest in investments in Indonesian real estate.
