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Indonesia: BKMP Calls for Foreign Investment in New Tourist Destination

TEMPO.COJakarta – Investment Coordinating Board (BKPM) chief Thomas Lembong has called for foreign direct investment in new tourist destinations that are currently being developed by the government. He said that investment in the sector would be profitable.

Thomas said that investors who have invested in Bali in the past ten years in hotels, resorts and villas are currently enjoying the yields from tourism sector development in Indonesia. “It is high time to invest in ‘New Balis’,” he said in a press release received today by Tempo.

Thomas has called on investors to see the profile of the new destinations in the Regional Investment Forum (RIF) that will be held in Padang, West Sumatra, on October 15-17. The forum is organized by the BKPM and supported by Tourism Ministry, Bank Indonesia and local administration. The event will showcase 10 ‘New Balis’, the government’s flagship policy.

The new destinations are Lake Toba (North Sumatra), Tanjung Kelayang (Bangka Belitung), Tanjung Lesung (Banten), Seribu Islands & KotaTua (Jakarta), Borobudur (Central Java) and Bromo-Tengger-Semeru (East Java), as well as two integrated tourism areas in West Sumatra: Mandeh and Gunung Padang.

Source: https://en.tempo.co/read/news/2017/10/09/056912148/BKMP-Calls-for-Foreign-Investment-in-New-Tourist-Destination