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.

Jakarta Post

Hundreds of investors to attend regional investment forum, says BKPM

Anton Hermansyah (The Jakarta Post)
Jakarta
Tue, March 6, 2018 Published on Mar. 6, 2018 Published on 2018-03-06T17:29:12+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
BKPM chairman Thomas "Tom" Trikasih Lembong. BKPM chairman Thomas "Tom" Trikasih Lembong. (JP/Anton Hermansyah)

T

he Investment Coordinating Board (BKPM) will invite at least 550 investors to attend a regional investment forum on the tourism sector to be held in Yogyakarta on March 14.

BKPM chairman Thomas “Tom” Trikasih Lembong said the forum was intended to boost investment in tourism, especially in Yogyakarta, as the sector was promising and created multiplier effects, which could reach the grass root level of society. 

“The theme of this year’s meeting is economic connectivity, in which investments have to be aligned with globalization and an integrated global supply chain,” he told reporters in Jakarta on Tuesday.

Investment realization in the tourism sector reached 20 percent based on a compound annual growth rate between 2013 and 2017, BKPM’s data showed. Meanwhile, realization in 2017 alone grew by 31 percent year-on-year (yoy), according to the data. 

Indonesia recorded overall investments of Rp 692.8 trillion (US$48.4 billion), a 13.1 percent yoy increase from 2017’s figure of Rp 612.8 trillion. It also surpassed the investment target of Rp 678.8 trillion set by the government last year.

Read also: Investment task forces to operate in Jakarta, other regions: Jokowi

A day prior to the event, the BKPM will hold a national meeting on investment planning and implementation, which will be attended by 850 stakeholders from central and local governments. 

Tom said President Joko “Jokowi” Widodo was scheduled to attend the national meeting. (gda)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.