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Economy in brief: Tourism potential could reach Rp4 trillion

The National Development Planning Board (Bappenas) estimated the tourist industry may generate up to Rp 4 trillion per year, banking on the richness of the Indonesian archipelago, an official said Thursday

The Jakarta Post
Jakarta
Fri, January 30, 2015

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Economy in brief: Tourism potential could reach Rp4 trillion

T

he National Development Planning Board (Bappenas) estimated the tourist industry may generate up to Rp 4 trillion per year, banking on the richness of the Indonesian archipelago, an official said Thursday.

Bappenas tourism planning coordinator I Dewa Gde Sugihamretha said, '€œMany islands have tourism potentials and with the recent influx of tourists to the Asia- Pacific region, we might be able to seize an opportunity.'€

He lamented that as the world'€™s largest archipelago, only 8.8 million tourists visited Indonesia every year, dwarfed by neighboring Malaysia'€™s 25.7 million and Thailand'€™s 26.6 million.

'€œWe need organizational support from related ministries, especially in the form of law and financing, to expedite tourism development,'€ he was quoted as saying by Antara.

Indonesia has 17,504 islands, 87 percent of which are uninhabited.

He cited a 2013 report that said tourism in the Asia-Pacific region enjoyed 6.20 percent growth per year, higher than Europe'€™s 5.40 percent, the US'€™ 3.20 percent and Africa'€™s 5.40 percent, thanks to the region'€™s 248 million visitors, generating total revenue of up to US$359 million. (***)

 

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