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

‘Strange regulations’ stymie tourism investment

  • Made Anthony Iswara

    The Jakarta Post

Jakarta   /   Thu, January 9 2020   /  12:12 am

Strict regulations and inefficient bureaucracy continue to impede investment into tourism even as Indonesia looks to the sector as a new engine of economic growth through the development of special economic zones and super priority destinations.Investment Coordinating Board (BKPM) head Bahlil Lahadalia reiterated President Joko “Jokowi” Widodo’s “do not disturb investors” message during a recent trip to Banyuwangi, East Java. “Many investors are attracted to tourism but become entangled in strange regulations,” Bahlil said last week in Banyuwangi as quoted in a press release from the agency.Banyuwangi, an increasingly popular destination thanks to natural wonders such as the blue flames of Ijen crater, has reaped the rewards of tourism development, with the sector providing a big boost to regional government revenue and per capita income, allowing many people to lift themse...