The Jakarta Post
More investors are expected to develop tourism facilities in Tanjung Lesung, which the government has designated as one of the new Balis.
The area, located on the western tip of Java, is being developed by PT Banten West Java Tourism Development (BWJ), a subsidiary of PT Kawasan Industri Jababeka.
BWJ president director Poernomo Siswoprasetijo said on Thursday that three companies had invested in the area, namely PT Kawasan Industri Jababeka, which had invested Rp 3 trillion (US$198.83 million), an Australian investor (Rp 100 billion) and a Mongolian investor (Rp 50 billion).
BWJ is waiting for investors from Singapore and China who previously expressed interest in developing tourist facilities in the area, Poernomo said, adding that investment agreements were expected to be signed in February 2019.
“We initially expected agreements to be made in December, but it may be postponed one or two months,” he said as quoted by kontan.co.id.
He said investors from Singapore were interested in developing a theme park and a horse racetrack, while Chinese investors wanted to construct hotels and apartments. At least another four Indonesia investors were interested in the area, he said.
The government is constructing a 12-kilometer toll road to provide better access to the area, Poernomo said, adding that construction had reached 60 percent.
Tourism Minister Arief Yahya previously said that up to September, 725,976 tourists had visited the area this year. (bbn)