Abstract :
This study discusses land conversion in the urban fringes of large cities in Indonesia during the period of economic boom and time of economic crisis. The land conversion in the 1990s had been rooted in excessive land development permits granted by the National Land Development Agency, which has in turn induced speculative land-business undertaking. Nevertheless, the current economic part crisis has caused land conversion to slow down, and created unutilized land in which a great part of the investment becomes idle.
