TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Indonesia Investment Forum 2017 highlights tourism potential
Change Size
Kuala Lumpur’s skyline. Held in in Kuala Lumpur on Tuesday, the Indonesia Investment Forum is a follow-up to last year’s BKPM regional investment event in Bali. (Shutterstock/File)
T
he Indonesian Embassy in Kuala Lumpur, in collaboration with the Investment Coordinating Board (BKPM), has held the second annual Indonesia Investment Forum to support companies interested in doing business in Indonesia.
Held on Tuesday in Kuala Lumpur, the forum is follow-up of last year’s BKPM regional investment event in Bali.
One of the main topics discussed was the tourism industry. According to the head of the Tourism Ministry’s team for priority tourist destination development, Hiramsyah Thaib, a panelist at the forum, investment in the tourism industry is growing every year and has the potential to become a primary sector for attracting both local and foreign investors.
Read also: Bali declared world's top destination for 2017
Separately, Tourism Minister Arief Yahya said the sector was the easiest, quickest and cheapest way to increase economic growth, foreign exchange earnings, GDP and employment.
“In general, Indonesia’s tourism sector [in 2015] grew at 10.3 percent; the number is above ASEAN, which had 5.1 percent, and global tourism growth of 4.4 percent,” Arief explained.
Meanwhile, regarding the development of supporting infrastructure, also known as JALI (road, water, electricity and the internet), the Indonesian government shoulders the responsibility to facilitate any investment.
Over the past five years, the total contribution made by tourism industry reached Rp 51.2 trillion (US$3.85 billion). From the data collected by the BKPM in 2016, direct investment in tourism reached Rp 15 trillion in total, comprising Rp 2.2 trillion in domestic and Rp 12.8 trillion in foreign investment. (kes)
