Strict regulations and inefficient bureaucracy continue to impede investment into the tourism sector 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 the tourism sector 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 boo...
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